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 East Hampton,
the Springs neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Springs is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, Springs is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.
In addition, despite all of the residential real estate here in the Springs neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 46.5%, which is higher than 98.2% of all U.S. neighborhoods.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Springs neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.1% of all American neighborhoods.
Notable & Unique: Diversity
Did you know that the Springs neighborhood has more
South American and Native American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 27.0% of
this neighborhood's residents have South American ancestry and 3.0% have Native American ancestry.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Springs
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Springs neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
12.0% 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 NeighborhoodScout found in 98.6%
of all neighborhoods in America.
Notable & Unique: People
With more than 2.5% of residents living with a same sex partner,
Springs is truly a neighborhood that stands out from the rest in
this regard. In fact, exclusive analysis by NeighborhoodScout reveals that
this neighborhood has a greater concentration of same sex couples than
96.8% of U.S. neighborhoods.
In addition, if you are an executive or professional seeking a neighborhood affording
an executive lifestyle, or just wanting to find where other executives
live in the area, the Springs neighborhood should be
on your list. It has an enviable mix of spacious homes, relatively stable
real estate values, and residents that include a number of wealthy
executives, managers, and professionals. NeighborhoodScout's exclusive
analysis places it as one of the top 12.0% executive lifestyle
neighborhoods in the state of New York.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates.