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Real Estate Prices & Overview

115th Dr / 155th St median real estate price is $725,573, which is more expensive than 59.3% of the neighborhoods in New York and 83.6% of the neighborhoods in the U.S.

The average rental price in 115th Dr / 155th St is currently $2,145, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.1% of New York neighborhoods.

115th Dr / 155th St is a densely urban neighborhood (based on population density) located in Queens, New York.

115th Dr / 155th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 115th Dr / 155th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 115th Dr / 155th St are 4.6%, which is lower than one will find in 69.3% of American neighborhoods. Demand for real estate in 115th Dr / 155th St 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.

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 115th Dr / 155th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The 115th Dr / 155th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,726 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 115th Dr / 155th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the 115th Dr / 155th St neighborhood could be your paradise. With 31.4% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.5% of the 115th Dr / 155th 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 95.3% of U.S. neighborhoods.

Occupations

With 1.7% of employed workers living in the 115th Dr / 155th St neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the 115th Dr / 155th St neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.2% of this neighborhood's residents have Haitian ancestry and 8.8% have Jamaican ancestry.

115th Dr / 155th St is also pretty special linguistically. Significantly, 10.2% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

The Neighbors

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 115th Dr / 155th St neighborhood in Queens are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.6% of U.S. neighborhoods. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.3% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the 115th Dr / 155th St neighborhood, 33.5% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.5%), and 14.2% 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 115th Dr / 155th St neighborhood is English, spoken by 67.2% of households. Other important languages spoken here include Spanish, French and African languages.

Ethnicity / Ancestry

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 115th Dr / 155th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Haitian (18.2%). There are also a number of people of Puerto Rican ancestry (9.4%), and residents who report Jamaican roots (8.8%), and some of the residents are also of Asian ancestry (8.7%), along with some South American ancestry residents (5.8%), among others. In addition, 38.1% 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 115th Dr / 155th St neighborhood spend between 30 and 45 minutes commuting one-way to work (51.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (51.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.5%) and 10.8% of residents also ride the bus 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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