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Real Estate Prices & Overview

Eliot Ave / Caldwell Ave median real estate price is $1,053,248, 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 Eliot Ave / Caldwell Ave is currently $5,060, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.3% of the neighborhoods in New York.

Eliot Ave / Caldwell Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

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

In Eliot Ave / Caldwell Ave, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.5% of all neighborhoods in the U.S. This means that the housing supply in Eliot Ave / Caldwell Ave is very tight compared to the demand for property here.

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

People

Of note is NeighborhoodScout's research finding that the Eliot Ave / Caldwell 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 Eliot Ave / Caldwell Ave community truly stands out from the rest in this regard.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Eliot Ave / Caldwell Ave neighborhood: a neighborhood in which more "urban sophisticates" live than 98.5% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

Real Estate

If you love row houses and attached homes, you will probably really like the Eliot Ave / Caldwell Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 81.5% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Eliot Ave / Caldwell Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,413 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 Eliot Ave / Caldwell Ave neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the Eliot Ave / Caldwell Ave neighborhood, 16.9% 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 96.8% of the neighborhoods in America.

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 Eliot Ave / Caldwell 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 Eliot Ave / Caldwell Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.8% 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 95.2% of all neighborhoods in America.

Diversity

Did you know that the Eliot Ave / Caldwell Ave neighborhood has more Russian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Russian ancestry and 12.5% have Polish ancestry.

Eliot Ave / Caldwell Ave is also pretty special linguistically. Significantly, 16.8% 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 99.0% of the neighborhoods in America.

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 Eliot Ave / Caldwell 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 83.9% 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 Eliot Ave / Caldwell Ave neighborhood, 53.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.7%), and 13.6% in manufacturing and laborer 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 Eliot Ave / Caldwell Ave neighborhood is English, spoken by 64.9% of households. Other important languages spoken here include Chinese, Spanish, Polish and Italian.

Ethnicity / Ancestry

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 Eliot Ave / Caldwell Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (26.1%). There are also a number of people of Irish ancestry (19.0%), and residents who report Italian roots (18.6%), and some of the residents are also of German ancestry (16.0%), along with some Polish ancestry residents (12.5%), among others. In addition, 31.7% 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 Eliot Ave / Caldwell Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (33.2% of working residents), longer and tougher than most commutes in America.

Here most residents (46.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.9%) and 12.8% of residents also carpool with coworkers, friends, or neighbors 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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