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Real Estate Prices & Overview

Rego Park West median real estate price is $948,971, which is more expensive than 74.8% of the neighborhoods in New York and 91.1% of the neighborhoods in the U.S.

The average rental price in Rego Park West is currently $3,740, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.2% of the neighborhoods in New York.

Rego Park West is a densely urban neighborhood (based on population density) located in Queens, New York.

Rego Park West 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rego Park West 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.

Rego Park West has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.7% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Rego Park West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Rego Park West community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the Rego Park West neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.7% of college-friendly places to live in the state of New York. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and active retirees.

Modes of Transportation

In the Rego Park West neighborhood, 43.2% 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 99.0% 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.

Real Estate

If you like crowded places, then you will probably enjoy the the Rego Park West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 29,772 people per square mile living here. 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 Rego Park West 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 Rego Park West neighborhood could be your paradise. With 33.3% 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 2.7% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Rego Park West neighborhood buck this trend. 22.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.8% of U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Rego Park West neighborhood has a greater percentage of residents born in another country (58.7%) than are found in 99.1% of all U.S. neighborhoods.

Diversity

Did you know that the Rego Park West neighborhood has more Romanian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Romanian ancestry and 6.5% have Russian ancestry.

Rego Park West is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.8% 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 Rego Park West 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 84.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Rego Park West neighborhood, 38.9% of the working population is employed in executive, management, and professional 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 29.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 12.4% 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 Rego Park West neighborhood is English, spoken by 25.1% of households. Other important languages spoken here include Chinese, Spanish, Russian and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Rego Park West neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (42.4%). There are also a number of people of South American ancestry (6.7%), and residents who report Russian roots (6.5%), and some of the residents are also of Arab ancestry (5.3%), along with some Sub-Saharan African ancestry residents (3.7%), among others. In addition, 58.7% 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 Rego Park West neighborhood spend between 45 minutes and one hour commuting one-way to work (53.1% of working residents), longer and tougher than most commutes in America.

Here most residents (43.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.4%) and 11.8% 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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