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Real Estate Prices & Overview

Queens Midtown Expy / 58th Rd median real estate price is $626,915, which is more expensive than 47.8% of the neighborhoods in New York and 76.5% of the neighborhoods in the U.S.

The average rental price in Queens Midtown Expy / 58th Rd is currently $3,810, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.0% of the neighborhoods in New York.

Queens Midtown Expy / 58th Rd is a densely urban neighborhood (based on population density) located in Queens, New York.

Queens Midtown Expy / 58th Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Queens Midtown Expy / 58th Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.8% in Queens Midtown Expy / 58th Rd. NeighborhoodScout analysis shows that this rate is lower than 55.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Queens Midtown Expy / 58th Rd neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 72.7% of the real estate here is made up of such dwellings, which is higher than 99.8% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Queens Midtown Expy / 58th Rd neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.7% of neighborhoods in the U.S., with 28,703 people per square mile living here. 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 Queens Midtown Expy / 58th Rd neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

In the Queens Midtown Expy / 58th Rd neighborhood, 35.2% 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 98.5% of the neighborhoods in America.

People

With a nice mix of college students, safety from crime, and decent walkability, the Queens Midtown Expy / 58th Rd neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.9% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Queens Midtown Expy / 58th Rd neighborhood has more Greek and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Greek ancestry and 18.2% have South American ancestry.

Queens Midtown Expy / 58th Rd is also pretty special linguistically. Significantly, 12.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.8% 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 Queens Midtown Expy / 58th Rd 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 72.9% of the neighborhoods in America. In addition, 3.8% 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 68.5% 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 Queens Midtown Expy / 58th Rd neighborhood, 39.5% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 15.7% 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 Queens Midtown Expy / 58th Rd neighborhood is English, spoken by 43.6% of households. Other important languages spoken here include Spanish, Polish, Italian and Chinese.

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 Queens Midtown Expy / 58th Rd neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Italian (18.6%). There are also a number of people of South American ancestry (18.2%), and residents who report Irish roots (9.2%), and some of the residents are also of Polish ancestry (7.5%), along with some Asian ancestry residents (7.4%), among others. In addition, 38.2% 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 Queens Midtown Expy / 58th Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (48.6% of working residents), longer and tougher than most commutes in America.

Here most residents (35.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (28.2%) and 21.3% of residents also carpool with coworkers, friends, or neighbors 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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