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 West Palm Beach,
the Oxford 100 / Oxford 400 neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
One of the unique characteristics of the Oxford 100 / Oxford 400
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 96.3% of the neighborhoods
Also of note is NeighborhoodScout's research finding that the
Oxford 100 / Oxford 400 neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Oxford 100 / Oxford 400 community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Oxford 100 / Oxford 400
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 65.8% 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
99.7% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Oxford 100 / Oxford 400 neighborhood has more
Austrian and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.6% of
this neighborhood's residents have Austrian ancestry and 5.6% have Russian ancestry.
Oxford 100 / Oxford 400 is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Oxford 100 / Oxford 400 neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 11.7% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 95.9% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Real Estate
In addition, the Oxford 100 / Oxford 400 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 98.3% 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.
Furthermore, the real estate in the Oxford 100 / Oxford 400 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, 92.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.9% of American neighborhoods.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Oxford 100 / Oxford 400 stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.7% of the residential real estate here was built in this one time period.
Finally, despite all of the residential real estate here in the Oxford 100 / Oxford 400 neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 37.7%, which is higher than 96.8% of all U.S. neighborhoods.