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 Berkeley,
the Kensington neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the Kensington neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.9% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for active retirees, highly educated executives and families with school-aged children.
In addition, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 49.9% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
99.5% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Also, the first thing that you'll notice if you moved to this neighborhood is
that an astounding 3.9% of the households are same sex couples.
According to NeighborhoodScout's analysis, this is a higher proportion of
same sex households than in 99.2% of the neighborhoods in
America. This is one indicator that this neighborhood is likely a gay-friendly
neighborhood. So if you are looking for such a neighborhood, the
Kensington neighborhood should definitely be on your list of places to
Finally, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Kensington neighborhood is wealthier than 98.8%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Notable & Unique: Diversity
Did you know that the Kensington neighborhood has more
Austrian and Armenian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.5% of
this neighborhood's residents have Austrian ancestry and 1.4% have Armenian ancestry.
Kensington is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily
speak Chinese at home. While this may seem like a small percentage, it is higher
than 96.1% of the neighborhoods in America.
Notable & Unique: Occupations
The Kensington neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.4% of the neighborhoods in American. In fact, 76.3%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Modes of Transportation
In the Kensington neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 14.0% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 97.9% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.9% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Kensington neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.