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Real Estate Prices & Overview

66th Rd / 99th St median real estate price is $529,712, which is more expensive than 43.8% of the neighborhoods in New York and 71.4% of the neighborhoods in the U.S.

The average rental price in 66th Rd / 99th St is currently $3,576, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in New York.

66th Rd / 99th St is a densely urban neighborhood (based on population density) located in Queens, New York.

66th Rd / 99th 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 66th Rd / 99th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 66th Rd / 99th St are 4.3%, which is lower than one will find in 71.4% of American neighborhoods. Demand for real estate in 66th Rd / 99th St 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.

Notable & Unique Neighborhood Characteristics

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 66th Rd / 99th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 106,796 people per square mile, it is more densely populated than 99.7% of America's neighborhoods.

In addition, the real estate in the 66th Rd / 99th St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.

Furthermore, the 66th Rd / 99th St 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 95.7% 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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 42.7% of the 66th Rd / 99th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.0% of America's neighborhoods.

Also, in the 66th Rd / 99th St neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.3% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 66th Rd / 99th St neighborhood buck this trend. 48.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.

Diversity

Did you know that the 66th Rd / 99th St neighborhood has more Russian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.9% of this neighborhood's residents have Russian ancestry and 2.0% have Romanian ancestry.

66th Rd / 99th St is also pretty special linguistically. Significantly, 17.5% 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 100.0% of the neighborhoods in America.

Migration / Stability

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 66th Rd / 99th St neighborhood. What is interesting to note, is that the 66th Rd / 99th St neighborhood has a greater percentage of residents born in another country (46.3%) than are found in 96.5% of all U.S. neighborhoods.

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 66th Rd / 99th St 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 76.1% of the neighborhoods in America. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.4% 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 66th Rd / 99th St neighborhood, 64.8% 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 18.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 6.2% 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 66th Rd / 99th St neighborhood is English, spoken by 35.7% of households. Other important languages spoken here include Chinese, Russian, Spanish and Polish.

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 66th Rd / 99th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (26.5%). There are also a number of people of Polish ancestry (9.3%), and residents who report Russian roots (8.9%), and some of the residents are also of South American ancestry (5.6%), along with some Puerto Rican ancestry residents (5.6%), among others. In addition, 46.3% 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 66th Rd / 99th St neighborhood spend between 45 minutes and one hour commuting one-way to work (51.3% of working residents), longer and tougher than most commutes in America.

Here most residents (42.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (17.1%) . 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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