Maspeth South median real estate price is $733,262, which is more expensive than 53.6% of the neighborhoods in New York and 80.9% of the neighborhoods in the U.S.
The average rental price in Maspeth South is currently $3,186, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.7% of New York neighborhoods.
Maspeth South is a densely urban neighborhood (based on population density) located in Queens, New York.
Maspeth South 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 Maspeth South 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.
Maspeth South has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.
Also, in the Maspeth South neighborhood, 20.4% 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 97.4% of the neighborhoods in America.
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 Maspeth South 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, 72.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.8% of America's neighborhoods.
In addition, 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 Maspeth South neighborhood is one of the most walkable neighborhoods in America.
Furthermore, the Maspeth South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 81.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, 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 69.1% of the residential real estate in the Maspeth South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
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 Maspeth South neighborhood have a highly unusual car ownership. 58.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.
Did you know that the Maspeth South neighborhood has more South American and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.3% of this neighborhood's residents have South American ancestry and 16.9% have Puerto Rican ancestry.
Maspeth South is also pretty special linguistically. Significantly, 8.1% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.9% 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 Maspeth South 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 64.9% of U.S. neighborhoods. With 22.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.0% of U.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 Maspeth South neighborhood, 38.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.6%), and 13.5% in executive, management, and professional occupations.
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 Maspeth South neighborhood is Spanish, spoken by 55.1% of households. Other important languages spoken here include English and Italian.
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 Maspeth South neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Mexican (20.7%). There are also a number of people of Puerto Rican ancestry (16.9%), and residents who report South American roots (14.3%), and some of the residents are also of Asian ancestry (6.5%), along with some German ancestry residents (5.1%), among others. In addition, 27.4% 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 Maspeth South neighborhood spend between 45 minutes and one hour commuting one-way to work (48.3% of working residents), longer and tougher than most commutes in America.
Here most residents (36.8%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (20.7%) and 20.4% of residents also take the train for their daily commute. The bus provides a valuable service in the Maspeth South neighborhood of Queens by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.