The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the Formosa Junction neighborhood in Troy are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 91.1% of the neighborhoods in America.
In addition, 2.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 86.7%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Formosa Junction neighborhood, 35.8% of the working population is employed in
executive, management, and professional occupations.
The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 26.6% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(21.5%), and 15.9% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Formosa Junction neighborhood in Troy, IL, residents
most commonly identify their ethnicity or ancestry as German (38.4%).
There are also a number of people of Irish
ancestry (11.1%), and residents who report English roots
(9.3%), and some of the residents are also of Italian
ancestry (5.6%), along with some French ancestry residents
(4.0%), among others.
The Neighbors: Languages
The most common language spoken in the Formosa Junction
neighborhood is English, spoken by 96.9% of households.