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Real Estate Prices & Overview

Marsden St / 166th St median real estate price is $746,528, which is more expensive than 61.8% of the neighborhoods in New York and 84.6% of the neighborhoods in the U.S.

The average rental price in Marsden St / 166th St is currently $1,891, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.7% of New York neighborhoods.

Marsden St / 166th St is a densely urban neighborhood (based on population density) located in Queens, New York.

Marsden St / 166th St 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Marsden St / 166th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Marsden St / 166th St, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.4% of all neighborhoods in the U.S. This means that the housing supply in Marsden St / 166th St is very tight compared to the demand for property here.

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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Marsden St / 166th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.0% 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 99.5% of all neighborhoods in America.

Modes of Transportation

In the Marsden St / 166th St neighborhood, 33.7% 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 98.4% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.1% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Marsden St / 166th St neighborhood has a highly unusual pattern of car ownership. 35.6% 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.

Real Estate

The Marsden St / 166th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,348 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.

People

Of note, 62.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Marsden St / 166th St neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.2% of this neighborhood's residents have Jamaican ancestry and 6.9% have Dominican ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Marsden St / 166th St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Marsden St / 166th 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 81.1% of U.S. neighborhoods. With 62.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% 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 Marsden St / 166th St neighborhood, 32.5% of the working population is employed in clerical, assistant, and tech support 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 28.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.8%), and 17.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Marsden St / 166th St neighborhood is English, spoken by 85.8% of households. Some people also speak Spanish (11.4%).

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 Marsden St / 166th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (24.2%). There are also a number of people of Sub-Saharan African ancestry (11.9%), and residents who report Dominican roots (6.9%), and some of the residents are also of Puerto Rican ancestry (3.6%). In addition, 20.8% 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 Marsden St / 166th St neighborhood spend between 45 minutes and one hour commuting one-way to work (35.7% of working residents), longer and tougher than most commutes in America.

Here most residents (33.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (33.4%) and 14.5% 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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