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Real Estate Prices & Overview

80th Ave / 61st St median real estate price is $1,142,732, which is more expensive than 76.7% of the neighborhoods in New York and 91.5% of the neighborhoods in the U.S.

The average rental price in 80th Ave / 61st St is currently $4,207, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.3% of the neighborhoods in New York.

80th Ave / 61st St is a densely urban neighborhood (based on population density) located in Queens, New York.

80th Ave / 61st 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 80th Ave / 61st St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

In 80th Ave / 61st St, the current vacancy rate is 1.1%, which is a lower rate of vacancies than 91.0% of all neighborhoods in the U.S. This means that the housing supply in 80th Ave / 61st St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 80th Ave / 61st St 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, 67.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, the 80th Ave / 61st St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,259 persons per square mile in the neighborhood, it is more packed with people than 97.9% of the nation's neighborhoods. 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 80th Ave / 61st St neighborhood is one of the most walkable neighborhoods in America.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 67.7% of the residential real estate in the 80th Ave / 61st St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the 80th Ave / 61st St neighborhood, 27.3% 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 97.9% of the neighborhoods in America.

Diversity

Did you know that the 80th Ave / 61st St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.6% of this neighborhood's residents have South American ancestry and 16.8% have Dominican ancestry.

80th Ave / 61st St is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.2% of the neighborhoods in America.

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 80th Ave / 61st 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 80.5% of the neighborhoods in America. In addition, 9.1% 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 52.9% of America'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 80th Ave / 61st St neighborhood, 32.0% 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 28.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 16.2% 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 80th Ave / 61st St neighborhood is Spanish, spoken by 53.8% of households. Other important languages spoken here include English and Polish.

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 80th Ave / 61st St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (22.6%). There are also a number of people of Puerto Rican ancestry (19.8%), and residents who report Dominican roots (16.8%), and some of the residents are also of Polish ancestry (9.5%), along with some German ancestry residents (8.2%), among others. In addition, 37.3% 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 80th Ave / 61st St neighborhood spend between 45 minutes and one hour commuting one-way to work (39.0% of working residents), longer and tougher than most commutes in America.

Here most residents (34.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (27.3%) and 9.6% of residents also hop out the door and walk to work 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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