108th St / 86th Ave median real estate price is $1,032,632, which is more expensive than 74.4% of the neighborhoods in New York and 90.9% of the neighborhoods in the U.S.
The average rental price in 108th St / 86th Ave is currently $3,141, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.2% 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.
Real estate vacancies in 108th St / 86th Ave are 3.2%, which is lower than one will find in 77.6% of American neighborhoods. Demand for real estate in 108th St / 86th 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.
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 108th St / 86th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 7.4% 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.
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, 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 66.2% of the residential real estate in the 108th St / 86th Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
In the 108th St / 86th Ave neighborhood, 42.2% 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 99.1% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 96.1% of U.S. neighborhoods.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 108th St / 86th Ave neighborhood has a highly unusual pattern of car ownership. 23.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.1% of U.S. neighborhoods.
Did you know that the 108th St / 86th Ave neighborhood has more South American and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.1% of this neighborhood's residents have South American ancestry and 1.4% have Romanian 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.
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 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 81.0% 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.
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 108th St / 86th Ave neighborhood, 53.3% 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 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.4%), and 7.9% in manufacturing and laborer 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 108th St / 86th Ave neighborhood is English, spoken by 50.8% of households. Other important languages spoken here include Spanish and Langs. of India.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the 108th St / 86th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (19.1%). There are also a number of people of Asian ancestry (13.3%), and residents who report Puerto Rican roots (8.4%), and some of the residents are also of Irish ancestry (6.8%), along with some Mexican ancestry residents (6.1%), among others. In addition, 31.7% 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 108th St / 86th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (51.9% of working residents), longer and tougher than most commutes in America.
Here most residents (42.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.3%) and 11.7% 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.