48th St / 47th Ave median real estate price is $782,114, which is more expensive than 76.9% of the neighborhoods in New York and 92.7% of the neighborhoods in the U.S.
The average rental price in 48th St / 47th Ave is currently $2,524, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.4% of the neighborhoods in New York.
48th St / 47th Ave is a densely urban neighborhood (based on population density) located in Queens, New York.
48th St / 47th Ave 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the 48th St / 47th Ave 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.
Real estate vacancies in 48th St / 47th Ave are 5.1%, which is lower than one will find in 73.0% of American neighborhoods. Demand for real estate in 48th St / 47th 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.
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 48th St / 47th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 82,477 people per square mile, it is more densely populated than 99.5% 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 48th St / 47th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, renter-occupied real estate is dominant in the 48th St / 47th Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.9%, which is higher than 97.1% 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.
Furthermore, the 48th St / 47th Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, one of the really unique and interesting things about the look and setting of the 48th St / 47th Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 69.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.5% of all neighborhoods in America.
Finally, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The 48th St / 47th Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 58.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.2% of the neighborhoods in the United States.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 60.5% of the 48th St / 47th Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 48th St / 47th Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.6% of all American neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the 48th St / 47th Ave neighborhood have a highly unusual car ownership. 39.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of 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 48th St / 47th Ave neighborhood. More residents of the 48th St / 47th Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.8% 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. What is interesting to note, is that the 48th St / 47th Ave neighborhood has a greater percentage of residents born in another country (67.0%) than are found in 99.7% of all U.S. neighborhoods.
Did you know that the 48th St / 47th Ave neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.1% of this neighborhood's residents have South American ancestry and 9.9% have Dominican ancestry.
48th St / 47th Ave is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.
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 48th St / 47th Ave 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 66.8% of U.S. neighborhoods. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.1% 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 48th St / 47th Ave neighborhood, 45.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.4%), and 10.2% in clerical, assistant, and tech support 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 48th St / 47th Ave neighborhood is Spanish, spoken by 53.6% of households. Other important languages spoken here include English, Langs. of India and Chinese.
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 48th St / 47th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (28.0%). There are also a number of people of South American ancestry (24.1%), and residents who report Mexican roots (13.1%), and some of the residents are also of Dominican ancestry (9.9%), along with some Puerto Rican ancestry residents (6.1%), among others. In addition, 67.0% 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 48th St / 47th Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (34.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (60.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.1%) and 8.5% of residents also hop out the door and walk to work 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment data updated February 2021.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
School Details | Grades | Quality Rating Compared to NY* | Quality Rating Compared to Nation* |
---|---|---|---|
Channel View School For Research
100 00 Beach Channel Dr Rockaway Park, NY 11694 |
06-12 | ||
Eagle Academy For Young Men Iii School
171 10 Linden Blvd Jamaica, NY 11434 |
06-12 | ||
Is 125 Thomas J Mccann Woodside School
46 02 47 Th Ave Woodside, NY 11377 |
06-08 | ||
Is 227 Louis Armstrong School
32 02 Junction Blvd East Elmhurst, NY 11369 |
05-08 | ||
Ps 199 Maurice A Fitzgerald School
39 20 48 Th Ave Long Island City, NY 11104 |
PK-05 | ||
Queens College School For Math Science & Technolog
148 20 Reeves Ave Flushing, NY 11367 |
PK-08 | ||
William Cullen Bryant High School
48 10 31 St Ave Long Island City, NY 11103 |
09-12 | ||
Young Womens Leadership School Astoria
23 15 Newtown Ave Long Island City, NY 11105 |
06-12 | ||
* 10 is highest |
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SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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