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 Broadway / Park St neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 46.9% of
this neighborhood's residents have Dominican ancestry and 26.4% have Puerto Rican ancestry.
Broadway / Park St is also pretty special linguistically. Significantly, 81.1% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 98.6% of all U.S. neighborhoods.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
Broadway / Park St neighborhood about it; they already know. 32.8%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.7%
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.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
Broadway / Park St (34.6%) than in 99.7% of the
neighborhoods in America.
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the Broadway / Park St
neighborhood than in 98.4% 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: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
What is interesting to note, is that the Broadway / Park St
neighborhood has a greater percentage of residents born in another country
(46.6%) than are found in 96.8% of all U.S. neighborhoods.
Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Broadway / Park St neighborhood is one of the most walkable neighborhoods in America.
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 Broadway / Park 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 60.7% of the real estate here is made up of such dwellings, which is higher than 99.1% of all U.S. neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Broadway / Park St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 83.9%, which is higher than 95.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Also of note, 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 73.5% of the residential real estate in the Broadway / Park St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.