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 Oakland,
the Leimert Blvd / Monterey Blvd 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 Leimert Blvd / Monterey Blvd neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.8% 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 highly educated executives.
In addition, 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 1.4% of America's neighborhoods are wealthier than the
Leimert Blvd / Monterey Blvd 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.
Also, the rate of college educated adults in the Leimert Blvd / Monterey Blvd neighborhood
is a unique characteristic of the neighborhood. 72.6% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
97.2% of all U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Leimert Blvd / Monterey Blvd neighborhood has more
Russian and British ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.7% of
this neighborhood's residents have Russian ancestry and 2.7% have British ancestry.
Leimert Blvd / Monterey Blvd is also pretty special linguistically. Significantly, 1.7% 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 96.1% of the neighborhoods in America.
Notable & Unique: Occupations
The Leimert Blvd / Monterey Blvd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.7% of the neighborhoods in American. In fact, 64.2%
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: Real Estate
In addition, 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 Leimert Blvd / Monterey Blvd 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 98.9% of all American neighborhoods.
Furthermore, real estate in the Leimert Blvd / Monterey Blvd 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 97.0% 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.