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: Diversity
Did you know that the Albany Ave / Magnolia St neighborhood has more
Jamaican and West Indian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 25.8% of
this neighborhood's residents have Jamaican ancestry and 0.5% have West Indian ancestry.
Notable & Unique: People
Whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Albany Ave / Magnolia St neighborhood has more single mother
households than 98.5% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
In addition, one of the unique characteristics of the Albany Ave / Magnolia St
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 97.3% of the neighborhoods
The Albany Ave / Magnolia St neighborhood also has a greater percentage
of children living in poverty (69.9%) than found in
97.9% of all U.S. neighborhoods. Children living in poverty
is one of the challenges facing America, and the world, and in this
neighborhood in particular, the problem can be considered acute.
Also, neighborhoodScout's exclusive research revealed that 96.1%
of the adult residents in the Albany Ave / Magnolia St neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 97.3% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, renter-occupied real estate is dominant in the Albany Ave / Magnolia St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.8%, which is higher than 95.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Albany Ave / Magnolia St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 34.9% of the real estate here is made up of such dwellings, which is higher than 95.2% of all U.S. neighborhoods.