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Real Estate Prices & Overview

88th St / 91st Ave median real estate price is $658,273, which is more expensive than 58.4% of the neighborhoods in New York and 82.8% of the neighborhoods in the U.S.

The average rental price in 88th St / 91st Ave is currently $3,419, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.7% of the neighborhoods in New York.

88th St / 91st Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

88th St / 91st Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 88th St / 91st Ave 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 88th St / 91st Ave are 4.8%, which is lower than one will find in 69.2% of American neighborhoods. Demand for real estate in 88th St / 91st Ave 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 88th St / 91st Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The 88th St / 91st Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 51,988 persons per square mile in the neighborhood, it is more packed with people than 98.5% of the nation's neighborhoods. 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 88th St / 91st Ave neighborhood is one of the most walkable neighborhoods in America.

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 88th St / 91st Ave neighborhood could be your paradise. With 31.0% 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 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The 88th St / 91st Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 82.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.7% of the neighborhoods in the United States.

Modes of Transportation

In the 88th St / 91st Ave neighborhood, 50.4% 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 99.3% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the 88th St / 91st Ave neighborhood have a highly unusual car ownership. 38.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.

Diversity

Did you know that the 88th St / 91st Ave neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.7% of this neighborhood's residents have Dominican ancestry and 19.8% have South American ancestry.

88th St / 91st Ave is also pretty special linguistically. Significantly, 12.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

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 88th St / 91st Ave neighborhood has a greater percentage of residents born in another country (59.0%) than are found in 99.1% of all U.S. neighborhoods.

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 88th St / 91st Ave 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 67.8% of the neighborhoods in America. In addition, 8.1% 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 56.2% 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 88th St / 91st Ave neighborhood, 31.0% 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 executive, management, and professional occupations, with 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 16.3% 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 88th St / 91st Ave neighborhood is Spanish, spoken by 51.2% of households. Other important languages spoken here include English and Chinese.

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 88th St / 91st Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (19.8%). There are also a number of people of Dominican ancestry (19.7%), and residents who report Asian roots (19.4%), and some of the residents are also of Puerto Rican ancestry (11.1%), along with some Irish ancestry residents (2.8%), among others. In addition, 59.0% 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 88th St / 91st Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (58.6% of working residents), longer and tougher than most commutes in America.

Here most residents (50.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (21.6%) and 17.6% 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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