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: People
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 3.0% of America's neighborhoods are wealthier than the
Franklin St / Pacific Ave 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.
As one would expect in a considerably wealthy neighborhood such as this,
Franklin St / Pacific Ave also has one of the lowest ratings of child
poverty in the nation.
In addition, the rate of college educated adults in the Franklin St / Pacific Ave neighborhood
is a unique characteristic of the neighborhood. 89.1% 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
99.8% of all U.S. neighborhoods.
Also, one of the most interesting things about the Franklin St / Pacific Ave
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 57.8% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
99.0% of the neighborhoods in America.
Finally, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the Franklin St / Pacific Ave
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 98.7% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the Franklin St / Pacific Ave
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for young, single professionals.
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 99.8% of U.S. neighborhoods.
Notable & Unique: Real Estate
The Franklin St / Pacific Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,063 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Franklin St / Pacific Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Franklin St / Pacific Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.5% of American neighborhoods.
Furthermore, the Franklin St / Pacific Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Notable & Unique: Occupations
The Franklin St / Pacific Ave neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.7% of the neighborhoods in American. In fact, 72.4%
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: Diversity
Did you know that the Franklin St / Pacific Ave neighborhood has more
Canadian and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.9% of
this neighborhood's residents have Canadian ancestry and 5.5% have Russian ancestry.
Franklin St / Pacific Ave is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily
speak Italian at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: Migration / Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
In the Franklin St / Pacific Ave neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 96.8% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the Franklin St / Pacific Ave neighborhood have a highly unusual car ownership.
26.0% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
96.0% of U.S. neighborhoods.