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Real Estate Prices & Overview

109th St / 107th Ave median real estate price is $839,872, which is more expensive than 68.2% of the neighborhoods in New York and 87.9% of the neighborhoods in the U.S.

The average rental price in 109th St / 107th Ave is currently $3,907, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.3% of the neighborhoods in New York.

109th St / 107th Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

109th St / 107th Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes 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 109th St / 107th 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 109th St / 107th Ave are 3.2%, which is lower than one will find in 78.6% of American neighborhoods. Demand for real estate in 109th St / 107th 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 109th St / 107th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The 109th St / 107th Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,226 persons per square mile in the neighborhood, it is more packed with people than 97.8% 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 109th St / 107th Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 67.8% of the residential real estate in the 109th St / 107th Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the 109th St / 107th Ave neighborhood, 28.1% 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 98.0% of the neighborhoods in America.

People

The 109th St / 107th Ave 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 6.7% of college-friendly places to live in NY. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.

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 109th St / 107th Ave neighborhood has a greater percentage of residents born in another country (55.1%) than are found in 98.6% of all U.S. neighborhoods.

Diversity

Did you know that the 109th St / 107th Ave neighborhood has more Haitian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Haitian ancestry and 5.2% have Dominican ancestry.

109th St / 107th Ave is also pretty special linguistically. Significantly, 4.1% 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 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 109th St / 107th 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 79.2% of the neighborhoods in America. With 11.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.1% of U.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 109th St / 107th Ave neighborhood, 26.4% 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 25.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.9%), and 23.6% 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 109th St / 107th Ave neighborhood is English, spoken by 80.0% of households. Other important languages spoken here include Spanish, Urdu (the national language of Pakistan), Langs. of India and French.

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 109th St / 107th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (30.1%). There are also a number of people of Puerto Rican ancestry (8.0%), and residents who report Dominican roots (5.2%), and some of the residents are also of Haitian ancestry (4.2%), along with some Italian ancestry residents (1.2%), among others. In addition, 55.1% 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 109th St / 107th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (62.2% of working residents), longer and tougher than most commutes in America.

Here most residents (39.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.1%) and 9.4% of residents also ride the bus 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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