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 New London,
the Bank St / Ocean Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Bank St / Ocean Ave neighborhood has more
West Indian and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 0.3% of
this neighborhood's residents have West Indian ancestry and 24.8% have Puerto Rican ancestry.
Bank St / Ocean Ave is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 98.2% of the neighborhoods in America.
Notable & Unique: Occupations
There are more people living in the Bank St / Ocean Ave neighborhood
employed as sales and service workers (52.5%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
Furthermore, the government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Bank St / Ocean Ave neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 13.4% of its workforce, this
neighborhood has a greater concentration of government workers than
95.9% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, 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 Bank St / Ocean Ave 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 43.5% of the real estate here is made up of such dwellings, which is higher than 97.0% of all U.S. neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 70.9% of the residential real estate in the Bank St / Ocean Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.