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Real Estate Prices & Overview

Long Island City Southwest median real estate price is $932,867, which is more expensive than 63.6% of the neighborhoods in New York and 84.9% of the neighborhoods in the U.S.

The average rental price in Long Island City Southwest is currently $5,694, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.4% of the neighborhoods in New York.

Long Island City Southwest is a densely urban neighborhood (based on population density) located in Queens, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Long Island City Southwest 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Long Island City Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Long Island City Southwest has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The Long Island City Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,163 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation's neighborhoods. Long Island City Southwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Long Island City Southwest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in the Long Island City Southwest neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 100.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.

Furthermore, the Long Island City Southwest 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 95.3% 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.

People

Of note is NeighborhoodScout's research finding that the Long Island City Southwest 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 Long Island City Southwest community truly stands out from the rest in this regard.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 82.3% of the adults living in the Long Island City Southwest neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.5% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Modes of Transportation

A unique way of commuting is simply not to. And in the Long Island City Southwest neighborhood, analysis shows that 39.6% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, in the Long Island City Southwest neighborhood, 1.4% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.3% of the neighborhoods in America.

Finally, in the Long Island City Southwest neighborhood, 38.3% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 98.7% of the neighborhoods in America.

Occupations

The Long Island City Southwest neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.2% of the neighborhoods in America. In fact, 80.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Long Island City Southwest neighborhood have a highly unusual car ownership. 52.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.

Diversity

Did you know that the Long Island City Southwest neighborhood has more Lebanese and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Lebanese ancestry and 2.4% have Slovak ancestry.

Long Island City Southwest is also pretty special linguistically. Significantly, 8.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.5% 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 Long Island City Southwest neighborhood in Queens are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.8% 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.

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 Long Island City Southwest neighborhood, 80.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 9.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (6.3%), and 5.2% 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 Long Island City Southwest neighborhood is English, spoken by 57.2% of households. Other important languages spoken here include Spanish, Chinese, Korean and Polish.

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 Long Island City Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (35.4%). There are also a number of people of Irish ancestry (11.3%), and residents who report Italian roots (10.8%), and some of the residents are also of German ancestry (4.8%), along with some English ancestry residents (4.7%), among others. In addition, 36.9% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Long Island City Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (38.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (9.6%) and 5.9% 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.


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