When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
Paramount neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, one of the really interesting characteristics about the
Paramount neighborhood is that, according to NeighborhoodScout's
exclusive research, it is an excellent choice in which to reside for
college students. Due to its popularity among college students who
already choose to live here, its walkability, and its above average
safety from crime, the neighborhood is ideal for prospective or
already-enrolled college students. Between semesters and during
school breaks, you'll notice that the excitement here fluctuates with
the college seasons. Despite the excitement however, parents of college-age
children can rest easy knowing that this
neighborhood has an above average safety rating. For each of these
reasons, the neighborhood is rated among the
top 1.8% of college-friendly places to live in
the state of Alabama.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for families with school-aged children, urban sophisticates and highly educated executives.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the Paramount neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 98.7% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Diversity
Did you know that the Paramount neighborhood has more
Lebanese ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.1% of
this neighborhood's residents have Lebanese ancestry.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Paramount neighborhood buck
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 21.1% of the households here have four, five,
or more cars. That is more cars per household than in 95.7% of
the neighborhoods in the nation.
Notable & Unique: Real Estate
In addition, real estate in the Paramount neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Paramount stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 92.1% of the residential real estate here was built in this one time period.