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Real Estate Prices & Overview

62nd St / 65th Pl median real estate price is $662,005, which is more expensive than 53.3% of the neighborhoods in New York and 75.7% of the neighborhoods in the U.S.

The average rental price in 62nd St / 65th Pl is currently $3,892, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.1% of the neighborhoods in New York.

62nd St / 65th Pl is a densely urban neighborhood (based on population density) located in Queens, New York.

62nd St / 65th Pl 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 owner occupied. Many of the residences in the 62nd St / 65th Pl neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

62nd St / 65th Pl has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

Real Estate

The 62nd St / 65th Pl neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,085 persons per square mile in the neighborhood, it is more packed with people than 97.6% 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 62nd St / 65th Pl neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

In the 62nd St / 65th Pl neighborhood, 14.2% 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 96.3% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 95.9% of U.S. neighborhoods.

People

With more than 1.8% of residents living with a same sex partner, 62nd St / 65th Pl is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.2% of U.S. neighborhoods.

Diversity

Did you know that the 62nd St / 65th Pl neighborhood has more Polish and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.8% of this neighborhood's residents have Polish ancestry and 9.0% have South American ancestry.

62nd St / 65th Pl is also pretty special linguistically. Significantly, 17.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

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 62nd St / 65th Pl neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.5% of the neighborhoods in America. In addition, 0.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 79.3% of America'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 62nd St / 65th Pl neighborhood, 33.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.2%), and 19.0% in clerical, assistant, and tech support 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 62nd St / 65th Pl neighborhood is English, spoken by 48.3% of households. Other important languages spoken here include Polish, Spanish, Chinese and Portuguese.

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 62nd St / 65th Pl neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Irish (18.8%). There are also a number of people of Polish ancestry (13.8%), and residents who report Asian roots (10.5%), and some of the residents are also of Italian ancestry (9.4%), along with some Puerto Rican ancestry residents (9.1%), among others. In addition, 37.1% 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 62nd St / 65th Pl neighborhood spend between 30 and 45 minutes commuting one-way to work (48.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (47.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (14.2%) and 13.8% of residents also carpool with coworkers, friends, or neighbors 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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