Terrace Heights West median real estate price is $1,424,316, which is more expensive than 86.1% of the neighborhoods in New York and 95.9% of the neighborhoods in the U.S.
The average rental price in Terrace Heights West is currently $3,228, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.4% of New York neighborhoods.
Terrace Heights West is a densely urban neighborhood (based on population density) located in Queens, New York.
Terrace Heights West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Terrace Heights 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.
Real estate vacancies in Terrace Heights West are 4.2%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in Terrace Heights West 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.
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.
In the Terrace Heights West neighborhood, 36.4% 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 98.7% of the neighborhoods in America.
If you like crowded places, then you will probably enjoy the the Terrace Heights West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,980 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Terrace Heights West neighborhood is one of the most walkable neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the Terrace Heights West neighborhood buck this trend. 25.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.
One of the really interesting characteristics about the Terrace Heights 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 4.3% of college-friendly places to live in the state of New York.
Did you know that the Terrace Heights West neighborhood has more Asian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.7% of this neighborhood's residents have Asian ancestry and 1.6% have Romanian ancestry.
Terrace Heights West is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.
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 Terrace Heights West neighborhood has a greater percentage of residents born in another country (57.1%) than are found in 98.9% of all U.S. neighborhoods.
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 Terrace Heights West neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.5% of the neighborhoods in America. In addition, 2.5% 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 72.8% of America'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 Terrace Heights West neighborhood, 44.2% 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 21.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 14.5% 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 Terrace Heights West neighborhood is English, spoken by 29.1% of households. Other important languages spoken here include Spanish, French, Chinese and Urdu (the national language of Pakistan).
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 Terrace Heights West neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (58.7%). There are also a number of people of South American ancestry (4.2%), and residents who report Haitian roots (3.2%), and some of the residents are also of Sub-Saharan African ancestry (2.8%), along with some Romanian ancestry residents (1.6%), among others. In addition, 57.1% 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 Terrace Heights West neighborhood spend between 45 minutes and one hour commuting one-way to work (49.8% of working residents), longer and tougher than most commutes in America.
Here most residents (36.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.7%) and 9.0% 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.