43rd Ave / 102nd St median real estate price is $894,658, which is more expensive than 67.3% of the neighborhoods in New York and 87.8% of the neighborhoods in the U.S.
The average rental price in 43rd Ave / 102nd St is currently $3,429, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.9% of the neighborhoods in New York.
43rd Ave / 102nd St is a densely urban neighborhood (based on population density) located in Queens, New York.
43rd Ave / 102nd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the 43rd Ave / 102nd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In 43rd Ave / 102nd 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 43rd Ave / 102nd 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 43rd Ave / 102nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
90.5% of the real estate in the 43rd Ave / 102nd 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 43rd Ave / 102nd 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, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the 43rd Ave / 102nd St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 49.6% of the real estate here is made up of such dwellings, which is higher than 98.4% of all U.S. neighborhoods.
Furthermore, the 43rd Ave / 102nd St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 42,879 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods.
Of note is NeighborhoodScout's research finding that the 43rd Ave / 102nd St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the 43rd Ave / 102nd St community truly stands out from the rest in this regard.
In addition, one of the really interesting characteristics about the 43rd Ave / 102nd St neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of New York.
American households most often have a car, and regularly they have two or three. But households in the 43rd Ave / 102nd St neighborhood buck this trend. 80.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 51.2% of the 43rd Ave / 102nd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.6% of America's neighborhoods.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.3% of residents in the 43rd Ave / 102nd St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
There are more people living in the 43rd Ave / 102nd St neighborhood employed as sales and service workers (51.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 43rd Ave / 102nd 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 43rd Ave / 102nd St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.5% 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 97.6% of all neighborhoods in America.
Did you know that the 43rd Ave / 102nd St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.2% of this neighborhood's residents have South American ancestry and 12.7% have Dominican ancestry.
43rd Ave / 102nd St is also pretty special linguistically. Significantly, 82.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the 43rd Ave / 102nd St neighborhood has a greater percentage of residents born in another country (70.2%) than are found in 99.7% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the 43rd Ave / 102nd St neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.8% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 43rd Ave / 102nd St neighborhood, 48.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.1%), and 10.8% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the 43rd Ave / 102nd St neighborhood is Spanish, spoken by 82.0% of households. Some people also speak English (13.6%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the 43rd Ave / 102nd St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (41.2%). There are also a number of people of Mexican ancestry (35.2%), and residents who report Dominican roots (12.7%), and some of the residents are also of Asian ancestry (6.0%), along with some German ancestry residents (1.1%), among others. In addition, 70.2% 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 43rd Ave / 102nd St neighborhood spend between 45 minutes and one hour commuting one-way to work (55.1% of working residents), longer and tougher than most commutes in America.
Here most residents (51.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (15.5%) and 9.4% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.
