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Real Estate Prices & Overview

53rd Dr / 68th St median real estate price is $958,797, which is more expensive than 72.6% of the neighborhoods in New York and 89.9% of the neighborhoods in the U.S.

The average rental price in 53rd Dr / 68th St is currently $4,685, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.2% of the neighborhoods in New York.

53rd Dr / 68th St is a densely urban neighborhood (based on population density) located in Queens, New York.

53rd Dr / 68th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 53rd Dr / 68th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 9.3% in 53rd Dr / 68th St. NeighborhoodScout analysis shows that this rate is lower than 41.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 53rd Dr / 68th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 53rd Dr / 68th 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 59.2% of the real estate here is made up of such dwellings, which is higher than 99.2% of all U.S. neighborhoods.

In addition, the 53rd Dr / 68th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 35,303 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The 53rd Dr / 68th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 22.1% of the 53rd Dr / 68th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.4% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 96.2% of U.S. neighborhoods.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.6% of residents in the 53rd Dr / 68th St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

With a nice mix of college students, safety from crime, and decent walkability, the 53rd Dr / 68th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.1% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the 53rd Dr / 68th St neighborhood has more South American and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.0% of this neighborhood's residents have South American ancestry and 4.1% have Greek ancestry.

53rd Dr / 68th St is also pretty special linguistically. Significantly, 15.1% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

The Neighbors

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 53rd Dr / 68th 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 80.1% of the neighborhoods in America. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the 53rd Dr / 68th St neighborhood, 34.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.0%), and 11.2% in clerical, assistant, and tech support occupations.

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 53rd Dr / 68th St neighborhood is English, spoken by 45.0% of households. Other important languages spoken here include Spanish, Polish, Chinese and Korean.

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 53rd Dr / 68th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (24.7%). There are also a number of people of South American ancestry (19.0%), and residents who report Irish roots (16.9%), and some of the residents are also of Puerto Rican ancestry (10.8%), along with some Polish ancestry residents (8.6%), among others. In addition, 41.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 53rd Dr / 68th St neighborhood spend between 45 minutes and one hour commuting one-way to work (44.5% of working residents), longer and tougher than most commutes in America.

Here most residents (38.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (22.1%) and 16.0% of residents also carpool with coworkers, friends, or neighbors 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.


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