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Real Estate Prices & Overview

108th St / 86th Ave median real estate price is $977,817, which is more expensive than 76.2% of the neighborhoods in New York and 91.6% of the neighborhoods in the U.S.

The average rental price in 108th St / 86th Ave is currently $3,207, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.1% of New York neighborhoods.

108th St / 86th Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

108th St / 86th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 108th St / 86th 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.

In 108th St / 86th Ave, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.9% of all neighborhoods in the U.S. This means that the housing supply in 108th St / 86th Ave is very tight compared to the demand for property here.

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.

People

Of note is NeighborhoodScout's research finding that the 108th St / 86th Ave neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the 108th St / 86th Ave community truly stands out from the rest in this regard.

In addition, the 108th St / 86th 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 7.9% 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.

Real Estate

The 108th St / 86th Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 35,975 persons per square mile in the neighborhood, it is more packed with people than 97.6% 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 108th St / 86th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 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 108th St / 86th Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 69.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.5% of the neighborhoods in the United States.

Modes of Transportation

In the 108th St / 86th Ave neighborhood, 34.9% 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 98.5% of the neighborhoods in America.

Also, our research revealed that more commuters here take the bus to work (12.9% ride the bus) than 96.4% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 108th St / 86th Ave neighborhood buck this trend. 21.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.6% of U.S. neighborhoods.

Diversity

Did you know that the 108th St / 86th Ave neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.2% of this neighborhood's residents have South American ancestry and 6.6% have Dominican ancestry.

108th St / 86th Ave is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

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 108th St / 86th 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 73.8% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the 108th St / 86th Ave neighborhood, 48.7% 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 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.0%), and 10.2% 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 108th St / 86th Ave neighborhood is English, spoken by 44.8% of households. Other important languages spoken here include Spanish and Langs. of India.

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 108th St / 86th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (20.2%). There are also a number of people of Asian ancestry (12.3%), and residents who report Puerto Rican roots (9.2%), and some of the residents are also of Mexican ancestry (7.9%), along with some Dominican ancestry residents (6.6%), among others. In addition, 35.2% 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 108th St / 86th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (47.9% of working residents), longer and tougher than most commutes in America.

Here most residents (34.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.9%) and 12.9% 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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