103rd St / 39th Ave median real estate price is $1,357,739, which is more expensive than 86.2% of the neighborhoods in New York and 95.7% of the neighborhoods in the U.S.
The average rental price in 103rd St / 39th Ave is currently $3,472, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of New York neighborhoods.
103rd St / 39th Ave is a densely urban neighborhood (based on population density) located in Queens, New York.
103rd St / 39th Ave 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 103rd St / 39th Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in 103rd St / 39th Ave are 3.1%, which is lower than one will find in 77.8% of American neighborhoods. Demand for real estate in 103rd St / 39th Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 68.3% of the 103rd St / 39th Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 97,103 people per square mile, it is more densely populated than 99.6% of America'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 103rd St / 39th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
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 103rd St / 39th Ave 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 41.6% of the real estate here is made up of such dwellings, which is higher than 97.5% of all U.S. neighborhoods.
Furthermore, renter-occupied real estate is dominant in the 103rd St / 39th Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.2%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
The 103rd St / 39th Ave neighborhood is unique for having just 4.5% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.8% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the 103rd St / 39th Ave neighborhood buck this trend. 35.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.
Did you know that the 103rd St / 39th Ave neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.6% of this neighborhood's residents have South American ancestry and 27.9% have Dominican ancestry.
103rd St / 39th Ave is also pretty special linguistically. Significantly, 86.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the 103rd St / 39th Ave neighborhood. What is interesting to note, is that the 103rd St / 39th Ave neighborhood has a greater percentage of residents born in another country (70.7%) than are found in 99.8% 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 103rd St / 39th Ave neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.9% of the neighborhoods in America. With 19.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.6% 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 103rd St / 39th Ave neighborhood, 31.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.5%), and 10.4% in executive, management, and professional occupations.
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 103rd St / 39th Ave neighborhood is Spanish, spoken by 86.9% of households. Other important languages spoken here include English and Chinese.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the 103rd St / 39th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (42.6%). There are also a number of people of Dominican ancestry (27.9%), and residents who report Cuban roots (7.6%), and some of the residents are also of Mexican ancestry (7.3%), along with some Dutch ancestry residents (3.3%), among others. In addition, 70.7% 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 103rd St / 39th Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (45.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (68.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (18.5%) . 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.