Rego Park Southeast median real estate price is $897,775, which is more expensive than 66.8% of the neighborhoods in New York and 85.7% of the neighborhoods in the U.S.
The average rental price in Rego Park Southeast is currently $3,995, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.4% of the neighborhoods in New York.
Rego Park Southeast is a densely urban neighborhood (based on population density) located in Queens, New York.
Rego Park Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rego Park Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Rego Park Southeast are 4.3%, which is lower than one will find in 71.1% of American neighborhoods. Demand for real estate in Rego Park Southeast 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.
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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 43.4% of the Rego Park Southeast 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.
The Rego Park Southeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,228 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation'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 Rego Park Southeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Rego Park Southeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 76.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.2% of all neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the Rego Park Southeast neighborhood buck this trend. 31.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
The Rego Park Southeast neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.4% of the neighborhoods in America. In fact, 69.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
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 Rego Park Southeast neighborhood: a neighborhood in which more "urban sophisticates" live than 95.0% 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.
Did you know that the Rego Park Southeast neighborhood has more Russian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have Russian ancestry and 3.5% have Romanian ancestry.
Rego Park Southeast is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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 Rego Park Southeast 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 77.7% of the neighborhoods in America. In addition, 7.6% 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 57.1% 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 Rego Park Southeast neighborhood, 69.9% 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 12.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.8%), and 6.9% in government jobs, whether they are in local, state, or federal positions.
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 Rego Park Southeast neighborhood is English, spoken by 54.7% of households. Other important languages spoken here include Spanish, Chinese, Russian and Tagalog (the first language of the Philippine region).
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 Rego Park Southeast neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (32.0%). There are also a number of people of Russian ancestry (12.5%), and residents who report German roots (6.8%), and some of the residents are also of Polish ancestry (6.3%), along with some South American ancestry residents (5.5%), among others. In addition, 33.6% of the residents of this neighborhood were born in another country.
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 Rego Park Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (54.4% of working residents), longer and tougher than most commutes in America.
Here most residents (43.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.2%) and 8.8% 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.