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: Diversity
Did you know that the Payson Park neighborhood has more
Armenian and Greek ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.8% of
this neighborhood's residents have Armenian ancestry and 4.2% have Greek ancestry.
Payson Park is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: People
If knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Payson Park neighborhood, where 54.3% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 99.8%
of the neighborhoods in America.
In addition, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the Payson Park
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.7% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the Payson Park
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and active retirees.
Also, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Payson Park neighborhood is wealthier than 96.3%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Finally, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the Payson Park neighborhood may actually hold
the key. 66.3% of its residents are married, which is a higher
percentage than is found in 95.8% of the neighborhoods
Notable & Unique: Occupations
Executives, managers and professionals make up 76.3% of the workforce
in the Payson Park neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 99.4% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Payson Park neighborhood is a fantastic
option for bicycle commuters, as 4.9% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 97.4% of the neighborhoods in America.
Also, in the Payson Park neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 12.0% 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 96.3% 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, 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 Payson Park 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 47.9% of the real estate here is made up of such dwellings, which is higher than 97.7% of all U.S. neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Payson Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 90.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.9% of the neighborhoods in the United States.