Ridgewood Southwest median real estate price is $1,060,204, which is more expensive than 75.7% of the neighborhoods in New York and 91.4% of the neighborhoods in the U.S.
The average rental price in Ridgewood Southwest is currently $4,433, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.2% of the neighborhoods in New York.
Ridgewood Southwest is a densely urban neighborhood (based on population density) located in Queens, New York.
Ridgewood Southwest 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ridgewood Southwest 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.
Home and apartment vacancy rates are 6.8% in Ridgewood Southwest. NeighborhoodScout analysis shows that this rate is lower than 53.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Ridgewood Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Ridgewood Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 53,982 persons per square mile in the neighborhood, it is more packed with people than 98.6% 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 Ridgewood Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, renter-occupied real estate is dominant in the Ridgewood Southwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.7%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Ridgewood Southwest neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 33.0% of the real estate here is made up of such dwellings, which is higher than 95.6% of all U.S. neighborhoods.
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 71.7% of the residential real estate in the Ridgewood Southwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
In the Ridgewood Southwest neighborhood, 49.7% 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 99.5% of the neighborhoods in America.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Ridgewood Southwest neighborhood is a fantastic option for bicycle commuters, as 3.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.9% of the neighborhoods in America.
Finally, more people ride the bus in this neighborhood each day to get to work than 95.2% of U.S. neighborhoods.
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 Ridgewood Southwest neighborhood have a highly unusual car ownership. 67.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
Did you know that the Ridgewood Southwest neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.8% of this neighborhood's residents have South American ancestry and 8.7% have Dominican ancestry.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Ridgewood Southwest neighborhood. What is interesting to note, is that the Ridgewood Southwest neighborhood has a greater percentage of residents born in another country (46.9%) than are found in 96.6% of all U.S. neighborhoods.
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 Ridgewood Southwest 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 66.8% of the neighborhoods in America. In addition, 8.7% 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 53.4% 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 Ridgewood Southwest neighborhood, 39.7% of the working population is employed in executive, management, and professional 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.8%), and 14.9% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Ridgewood Southwest neighborhood is Spanish, spoken by 49.3% of households. Some people also speak English (32.7%).
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 Ridgewood Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (27.8%). There are also a number of people of Asian ancestry (19.6%), and residents who report Puerto Rican roots (9.7%), and some of the residents are also of Dominican ancestry (8.7%), along with some Mexican ancestry residents (5.5%), among others. In addition, 46.9% of the residents of this neighborhood were born in another country.
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 Ridgewood Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (41.6% of working residents), longer and tougher than most commutes in America.
Here most residents (49.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (21.0%) and 10.3% 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.
