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Real Estate Prices & Overview

Parkside median real estate price is $989,781, which is more expensive than 76.6% of the neighborhoods in New York and 91.7% of the neighborhoods in the U.S.

The average rental price in Parkside is currently $4,288, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.1% of the neighborhoods in New York.

Parkside is a densely urban neighborhood (based on population density) located in Queens, New York.

Parkside real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Parkside neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.7% in Parkside. NeighborhoodScout analysis shows that this rate is lower than 49.9% 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 Parkside neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Parkside neighborhood, 51.1% 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 99.5% of the neighborhoods in America.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Parkside neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 51.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.5% of America's neighborhoods.

In addition, 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 Parkside neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 59.2% of the residential real estate in the Parkside neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

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 Parkside 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 Parkside neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.6% 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 98.0% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Parkside neighborhood buck this trend. 25.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.

Diversity

Did you know that the Parkside neighborhood has more Greek and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Greek ancestry and 7.7% have Russian ancestry.

Parkside is also pretty special linguistically. Significantly, 2.1% 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 98.7% 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 Parkside 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 70.5% of the neighborhoods in America. With 24.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.9% 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 Parkside neighborhood, 53.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.8%), and 6.9% in manufacturing and laborer 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 Parkside neighborhood is English, spoken by 55.5% of households. Other important languages spoken here include Spanish, Chinese, Polish 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 Parkside neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (19.2%). There are also a number of people of German ancestry (15.4%), and residents who report South American roots (10.4%), and some of the residents are also of Irish ancestry (9.5%), along with some Mexican ancestry residents (8.5%), among others. In addition, 27.0% 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 Parkside neighborhood spend between 45 minutes and one hour commuting one-way to work (54.4% of working residents), longer and tougher than most commutes in America.

Here most residents (51.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.5%) and 6.3% of residents also ride the bus 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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