43rd Ave / Junction Blvd median real estate price is $921,858, which is more expensive than 70.9% of the neighborhoods in New York and 89.0% of the neighborhoods in the U.S.
The average rental price in 43rd Ave / Junction Blvd is currently $3,513, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.9% of the neighborhoods in New York.
43rd Ave / Junction Blvd is a densely urban neighborhood (based on population density) located in Queens, New York.
43rd Ave / Junction Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the 43rd Ave / Junction Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in 43rd Ave / Junction Blvd are 5.9%, which is lower than one will find in 60.5% of American neighborhoods. Demand for real estate in 43rd Ave / Junction Blvd 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 43rd Ave / Junction Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 67.1% of the 43rd Ave / Junction Blvd neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the 43rd Ave / Junction Blvd neighborhood have a highly unusual car ownership. 59.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.
Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 72,181 people per square mile, it is more densely populated than 99.2% of America'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 43rd Ave / Junction Blvd neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 43rd Ave / Junction Blvd neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 52.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.6% of America's neighborhoods.
Furthermore, 84.3% of the real estate in the 43rd Ave / Junction Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
People
One of the really interesting characteristics about the 43rd Ave / Junction Blvd neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.9% of college-friendly places to live in the state of New York.
In addition, the 43rd Ave / Junction Blvd neighborhood has a greater percentage of children living in poverty (55.0%) than found in 95.6% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Occupations
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the 43rd Ave / Junction Blvd neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.8% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
Diversity
Did you know that the 43rd Ave / Junction Blvd neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.8% of this neighborhood's residents have South American ancestry and 12.0% have Dominican ancestry.
43rd Ave / Junction Blvd is also pretty special linguistically. Significantly, 84.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% of all U.S. neighborhoods.
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 43rd Ave / Junction Blvd neighborhood has a greater percentage of residents born in another country (52.6%) than are found in 98.2% of all U.S. neighborhoods.
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 43rd Ave / Junction Blvd neighborhood in Queens are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. With 55.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.6% 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 43rd Ave / Junction Blvd neighborhood, 38.8% of the working population is employed in manufacturing and laborer 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 37.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.6%), and 7.2% 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 43rd Ave / Junction Blvd neighborhood is Spanish, spoken by 84.9% of households. Other important languages spoken here include English 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 43rd Ave / Junction Blvd neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (45.8%). There are also a number of people of Mexican ancestry (23.4%), and residents who report Dominican roots (12.0%), and some of the residents are also of Puerto Rican ancestry (9.4%), along with some Asian ancestry residents (2.8%), among others. In addition, 52.6% of the residents of this neighborhood were born in another country.
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 43rd Ave / Junction Blvd neighborhood spend between 45 minutes and one hour commuting one-way to work (46.9% of working residents), longer and tougher than most commutes in America.
Here most residents (67.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (10.6%) and 8.9% of residents also hop out the door and walk to work 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.
