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: Real Estate
Pacific Coast Hwy / Palisades Beach Rd is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, Pacific Coast Hwy / Palisades Beach Rd is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.
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 4.3% of America's neighborhoods are wealthier than the
Pacific Coast Hwy / Palisades Beach Rd 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,
Pacific Coast Hwy / Palisades Beach Rd also has one of the lowest ratings of child
poverty in the nation.
In addition, if you are planning to retire in California, this neighborhood
should be on your must-see list. For many reasons, Pacific Coast Hwy / Palisades Beach Rd
may be considered a retiree's dream neighborhood. According to NeighborhoodScout's
exclusive analysis and metrics, it's peaceful and quiet, has above
average safety from crime compared to other neighborhoods in California,
while also offering a diverse range of housing options. This, along with
the vibrant mix of very educated seniors and other age groups who choose
to live here, makes the neighborhood more
retiree-friendly than 97.5% of neighborhoods in
CA. If a California retirement is in your future, this neighborhood
should be one of the places you visit.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Also, 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 Pacific Coast Hwy / Palisades Beach Rd neighborhood, where 36.7% 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 97.5%
of the neighborhoods in America.
Finally, the types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 47.9%. This
is a higher percent living alone than we found in 96.0% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
Notable & Unique: Diversity
Did you know that the Pacific Coast Hwy / Palisades Beach Rd neighborhood has more
Iranian and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.3% of
this neighborhood's residents have Iranian ancestry and 11.8% have Russian ancestry.
Pacific Coast Hwy / Palisades Beach Rd is also pretty special linguistically. Significantly, 7.3% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Pacific Coast Hwy / Palisades Beach Rd
neighborhood, analysis shows that 14.6% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
98.2% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Occupations
The Pacific Coast Hwy / Palisades Beach Rd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.1% of the neighborhoods in American. In fact, 70.2%
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.