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 Beverly Hills,
the Southfield Rd / Beverly Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Southfield Rd / Beverly Rd neighborhood stands out by having 96.8% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 99.4% of all American
Notable & Unique: Diversity
Did you know that the Southfield Rd / Beverly Rd neighborhood has more
Armenian and Scottish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.0% of
this neighborhood's residents have Armenian ancestry and 6.7% have Scottish ancestry.
Southfield Rd / Beverly Rd is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 95.5% of the neighborhoods in America.
Notable & Unique: People
The Southfield Rd / Beverly Rd neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 94.3% of Michigan neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for highly educated executives, college students and urban sophisticates.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Southfield Rd / Beverly Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Southfield Rd / Beverly Rd neighborhood, is that an incredible 82.1% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.