Horace Harding Expy / 155th St median real estate price is $297,639, which is less expensive than 78.2% of New York neighborhoods and 69.0% of all U.S. neighborhoods.
The average rental price in Horace Harding Expy / 155th St is currently $3,157, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.2% of New York neighborhoods.
Horace Harding Expy / 155th St is a densely urban neighborhood (based on population density) located in Queens, New York.
Horace Harding Expy / 155th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Horace Harding Expy / 155th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Horace Harding Expy / 155th St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Horace Harding Expy / 155th St is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Queens, the Horace Harding Expy / 155th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
90.5% of the real estate in the Horace Harding Expy / 155th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Horace Harding Expy / 155th St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, the Horace Harding Expy / 155th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, the Horace Harding Expy / 155th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 40,076 persons per square mile in the neighborhood, it is more packed with people than 97.9% of the nation's neighborhoods.
Also of note, one of the really unique and interesting things about the look and setting of the Horace Harding Expy / 155th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.8% of all neighborhoods in America.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Horace Harding Expy / 155th St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Horace Harding Expy / 155th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.0% of all neighborhoods in America.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (22.1% ride the bus) than 99.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 18.4% of the Horace Harding Expy / 155th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.0% of America's neighborhoods.
Finally, more people in Horace Harding Expy / 155th St choose to walk to work each day (13.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Horace Harding Expy / 155th St neighborhood buck this trend. 43.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
People
One of the unique characteristics of the Horace Harding Expy / 155th St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.3% of the neighborhoods in America. Also of note, 59.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Diversity
Did you know that the Horace Harding Expy / 155th St neighborhood has more Russian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.9% of this neighborhood's residents have Russian ancestry and 10.9% have Dominican ancestry.
Horace Harding Expy / 155th St is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Horace Harding Expy / 155th St neighborhood in Queens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.3% of U.S. neighborhoods. With 59.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Horace Harding Expy / 155th St neighborhood, 30.7% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.0%), and 18.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Horace Harding Expy / 155th St neighborhood is English, spoken by 44.1% of households. Other important languages spoken here include Spanish, Chinese, Russian and French.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Horace Harding Expy / 155th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (16.4%). There are also a number of people of Russian ancestry (11.9%), and residents who report Dominican roots (10.9%), and some of the residents are also of South American ancestry (7.8%), along with some Puerto Rican ancestry residents (6.1%), among others. In addition, 40.7% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Horace Harding Expy / 155th St neighborhood spend between 45 minutes and one hour commuting one-way to work (43.0% of working residents), longer and tougher than most commutes in America.
Here most residents (31.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.1%) and 18.4% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
