Massapequa Northeast median real estate price is $844,005, which is more expensive than 62.6% of the neighborhoods in New York and 85.4% of the neighborhoods in the U.S.
The average rental price in Massapequa Northeast is currently $4,303, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 82.9% of the neighborhoods in New York.
Massapequa Northeast is an urban neighborhood (based on population density) located in Massapequa, New York.
Massapequa Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Massapequa Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Massapequa Northeast are 5.8%, which is lower than one will find in 60.1% of American neighborhoods. Demand for real estate in Massapequa Northeast 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.
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 Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.9% of America's neighborhoods are wealthier than the Massapequa Northeast neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Massapequa Northeast also has one of the lowest ratings of child poverty in the nation.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Massapequa Northeast neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Massapequa Northeast neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Massapequa Northeast neighborhood, is that an incredible 85.8% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, owner-occupied real estate dominates the Massapequa Northeast neighborhood. In fact, according to Ä¢¹½ÊÓÆµ research, the percentage of residential real estate occupied by its owner is higher here than in 99.0% of neighborhoods in America.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What Ä¢¹½ÊÓÆµ's analysis revealed, is that the Massapequa Northeast neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.2% of its workforce, this neighborhood has a greater concentration of government workers than 96.5% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. Ä¢¹½ÊÓÆµ's research revealed that 12.5% of the Massapequa Northeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.1% of America's neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Massapequa Northeast neighborhood stands out for its commute length, according to Ä¢¹½ÊÓÆµ'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 Massapequa Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.5% 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 Ä¢¹½ÊÓÆµ found in 96.1% of all neighborhoods in America.
Did you know that the Massapequa Northeast neighborhood has more Italian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.7% of this neighborhood's residents have Italian ancestry and 1.1% have Armenian ancestry.
Massapequa Northeast is also pretty special linguistically. Significantly, 1.0% 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 95.6% of the neighborhoods in America.
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 Massapequa Northeast neighborhood in Massapequa are wealthy, making it among the 15% highest income neighborhoods in America. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 97.1% 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.
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 Massapequa Northeast neighborhood, 56.0% 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 20.4% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (14.2%), and 12.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Massapequa Northeast neighborhood is English, spoken by 94.7% of households.
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 Massapequa Northeast neighborhood in Massapequa, NY, residents most commonly identify their ethnicity or ancestry as Italian (45.7%). There are also a number of people of Irish ancestry (23.0%), and residents who report German roots (10.8%), and some of the residents are also of English ancestry (7.9%), along with some Polish ancestry residents (4.5%), among others.
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 Massapequa Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.5%) who commute over an hour in each direction.
Here most residents (72.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (12.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.