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Real Estate Prices & Overview

109th Ave / 172nd St median real estate price is $769,536, which is more expensive than 56.7% of the neighborhoods in New York and 82.6% of the neighborhoods in the U.S.

The average rental price in 109th Ave / 172nd St is currently $2,917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.7% of New York neighborhoods.

109th Ave / 172nd St is a densely urban neighborhood (based on population density) located in Queens, New York.

109th Ave / 172nd St 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 109th Ave / 172nd St 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 6.4% in 109th Ave / 172nd St. NeighborhoodScout analysis shows that this rate is lower than 56.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Ave / 172nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 109th Ave / 172nd St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 109th Ave / 172nd St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 25.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.9% of all neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.6% of U.S. neighborhoods.

Also, in the 109th Ave / 172nd St neighborhood, 26.4% 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 98.0% of the neighborhoods in America.

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 109th Ave / 172nd St 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 37.9% of the real estate here is made up of such dwellings, which is higher than 96.7% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the 109th Ave / 172nd St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,772 people per square mile living here. 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 Ave / 172nd St neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the 109th Ave / 172nd St neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.5% of this neighborhood's residents have Jamaican ancestry and 7.6% have African ancestry.

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 Ave / 172nd St 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 66.7% of the neighborhoods in America. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.6% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the 109th Ave / 172nd St neighborhood, 31.8% 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 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.5%), and 18.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the 109th Ave / 172nd St neighborhood is English, spoken by 86.5% of households. Some people also speak Spanish (2.7%).

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 Ave / 172nd St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (10.5%). There are also a number of people of Sub-Saharan African ancestry (9.0%), and residents who report Asian roots (8.2%), and some of the residents are also of African ancestry (7.6%), along with some Dominican ancestry residents (1.7%), among others. In addition, 39.4% 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 Ave / 172nd St neighborhood spend between 45 minutes and one hour commuting one-way to work (29.1% of working residents), longer and tougher than most commutes in America.

Here most residents (37.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.4%) and 19.3% 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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