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Real Estate Prices & Overview

78th St / Pitkin Ave median real estate price is $1,052,286, which is more expensive than 76.3% of the neighborhoods in New York and 91.7% of the neighborhoods in the U.S.

The average rental price in 78th St / Pitkin Ave is currently $3,670, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.4% of the neighborhoods in New York.

78th St / Pitkin Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

78th St / Pitkin Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 78th St / Pitkin Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 78th St / Pitkin Ave are 5.6%, which is lower than one will find in 62.3% of American neighborhoods. Demand for real estate in 78th St / Pitkin 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

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 78th St / Pitkin Ave 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, 79.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.9% of America's neighborhoods.

In addition, the 78th St / Pitkin Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,629 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 43.1% of the 78th St / Pitkin Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.0% of America's neighborhoods.

Car Ownership

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 78th St / Pitkin 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.

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 78th St / Pitkin Ave 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 78th St / Pitkin Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.6% 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 96.1% of all neighborhoods in America.

Diversity

Did you know that the 78th St / Pitkin Ave neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.6% of this neighborhood's residents have Asian ancestry and 12.5% have South American ancestry.

78th St / Pitkin Ave is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the 78th St / Pitkin Ave neighborhood has a greater percentage of residents born in another country (55.0%) than are found in 98.6% of all U.S. neighborhoods.

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 78th St / Pitkin Ave neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.5% of the neighborhoods in America. With 15.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.5% of U.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 78th St / Pitkin Ave neighborhood, 31.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 14.9% 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 78th St / Pitkin Ave neighborhood is Spanish, spoken by 21.7% of households. Other important languages spoken here include English 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 78th St / Pitkin Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (59.6%). There are also a number of people of South American ancestry (12.5%), and residents who report Dominican roots (8.5%), and some of the residents are also of Italian ancestry (5.7%), along with some Puerto Rican ancestry residents (3.0%), among others. In addition, 55.0% 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 78th St / Pitkin Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (40.1% of working residents), longer and tougher than most commutes in America.

Here most residents (43.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (32.2%) and 6.0% 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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