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 202nd St / 56th Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the 202nd St / 56th Ave neighborhood has more
Asian and Armenian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 54.1% of
this neighborhood's residents have Asian ancestry and 2.1% have Armenian ancestry.
202nd St / 56th Ave is also pretty special linguistically. Significantly, 37.5% of its residents five years old and above primarily
speak Chinese at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
Notable & Unique: People
A majority of the adults in the 202nd St / 56th Ave neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for New York by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 98.0%
of the neighborhoods in New York.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates, families with school-aged children and active retirees.
Notable & Unique: Modes of Transportation
In the 202nd St / 56th Ave neighborhood, 22.3% 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 96.7% of the
neighborhoods in America.
Notable & Unique: 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
202nd St / 56th Ave neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
8.7% 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 95.9%
of all neighborhoods in America.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.0%, the 202nd St / 56th Ave neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the 202nd St / 56th Ave neighborhood, is that an incredible 93.9% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.