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Real Estate Prices & Overview

Booth Memorial Ave / 138th St median real estate price is $1,276,743, which is more expensive than 86.1% of the neighborhoods in New York and 95.6% of the neighborhoods in the U.S.

The average rental price in Booth Memorial Ave / 138th St is currently $3,622, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.9% of the neighborhoods in New York.

Booth Memorial Ave / 138th St is a densely urban neighborhood (based on population density) located in Queens, New York.

Booth Memorial Ave / 138th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Booth Memorial Ave / 138th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 6.5% in Booth Memorial Ave / 138th St. NeighborhoodScout analysis shows that this rate is lower than 56.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Booth Memorial Ave / 138th St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 53.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.7% of America's neighborhoods.

In addition, the Booth Memorial Ave / 138th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,920 persons per square mile in the neighborhood, it is more packed with people than 97.5% 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 Booth Memorial Ave / 138th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 16.0% of the Booth Memorial Ave / 138th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.

Also, more people in Booth Memorial Ave / 138th St choose to walk to work each day (12.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Finally, more people ride the bus in this neighborhood each day to get to work than 96.2% of U.S. neighborhoods.

Occupations

There are more people living in the Booth Memorial Ave / 138th St neighborhood employed as sales and service workers (60.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

The Booth Memorial Ave / 138th St neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.8% of college-friendly places to live in NY.

Diversity

Did you know that the Booth Memorial Ave / 138th St neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 72.5% of this neighborhood's residents have Asian ancestry and 14.5% have South American ancestry.

Booth Memorial Ave / 138th St is also pretty special linguistically. Significantly, 62.5% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

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 Booth Memorial Ave / 138th St neighborhood. What is interesting to note, is that the Booth Memorial Ave / 138th St neighborhood has a greater percentage of residents born in another country (69.5%) than are found in 99.7% 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 Booth Memorial Ave / 138th St 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 81.3% of U.S. neighborhoods. With 52.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% 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 Booth Memorial Ave / 138th St neighborhood, 39.1% 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 25.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.7%), and 16.7% 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 Booth Memorial Ave / 138th St neighborhood is Chinese, spoken by 62.5% of households. Other important languages spoken here include Spanish, English and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

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 Booth Memorial Ave / 138th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (72.5%). There are also a number of people of South American ancestry (14.5%), and residents who report German roots (2.8%), and some of the residents are also of Polish ancestry (1.5%). In addition, 69.5% 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 Booth Memorial Ave / 138th St neighborhood spend between 45 minutes and one hour commuting one-way to work (46.0% of working residents), longer and tougher than most commutes in America.

Here most residents (28.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (19.0%) and 16.0% of residents also take the train 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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