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
Single parenting is hard. But you don't have to tell the
S State St / W 40th St neighborhood about it; they already know. 31.4%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.6%
of American neighborhoods. Further NeighborhoodScout research showed strong
statistical correlations among high rates of children living in single
parent households, and neighborhood crime, particularly violent crime,
neighborhood poverty, and, importantly, the percentage of low weight births
and rates of infant mortality.
In addition, neighborhoodScout's analysis shows that the S State St / W 40th St
neighborhood has a greater concentration of residents currently enrolled
in college than 95.3% of the neighborhoods in the U.S. With
12.1% of the population here attending college, this is very
much a college-focused neighborhood.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(25.7% ride the bus) than 98.4% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the S State St / W 40th St
neighborhood than in 98.3% of the neighborhoods in America. Despite
the loss of manufacturing jobs across the nation, this neighborhood remains
a place where, compared to other parts of the country, you will find many
laborers and manufacturers.
Notable & Unique: Diversity
Did you know that the S State St / W 40th St neighborhood has more
Haitian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 15.0% of
this neighborhood's residents have Haitian ancestry.
Notable & Unique: Real Estate
In addition, 100.0% of the real estate in the S State St / W 40th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the S State St / W 40th St neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, homes built from 2000 through today make up a higher proportion of the S State St / W 40th St neighborhood's real estate landscape than 99.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 79.1% of the residential real estate here is classified as newer.
Also of note, 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 S State St / W 40th 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 46.7% of the real estate here is made up of such dwellings, which is higher than 97.5% of all U.S. neighborhoods.