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 NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 8.2% of residents in
the Castro City neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.0% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Notable & Unique: Diversity
Did you know that the Castro City neighborhood has more
Armenian and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Armenian ancestry and 1.7% have Iranian ancestry.
Castro City is also pretty special linguistically. Significantly, 4.2% 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 98.8% of the neighborhoods in America.
Notable & Unique: People
If knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Castro City neighborhood, where 41.1% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 98.5%
of the neighborhoods in America.
Notable & Unique: Migration / Stability
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 Castro City
What is interesting to note, is that the Castro City
neighborhood has a greater percentage of residents born in another country
(49.6%) than are found in 97.6% of all U.S. neighborhoods.
Notable & Unique: Occupations
Executives, managers and professionals make up 66.5% of the workforce
in the Castro City neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 96.8% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Real Estate
In addition, one of the really unique and interesting things about the look and setting of the Castro City neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 68.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.4% of all neighborhoods in America.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.1% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Castro City 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.