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 Minneapolis,
the Park Ave / E Lake St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Park Ave / E Lake St neighborhood has more
South American and African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 14.5% of
this neighborhood's residents have South American ancestry and 7.1% have African ancestry.
Park Ave / E Lake St is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily
speak African languages at home. While this may seem like a small percentage, it is higher
than 98.5% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 6.6% of residents in
the Park Ave / E Lake St neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
98.5% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, more people ride the bus in this neighborhood each day to get to work
than 97.1% of U.S. neighborhoods.
Notable & Unique: People
Park Ave / E Lake St has the amazing distinction of housing more same
sex couples living together than 98.1% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
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 Park Ave / E Lake St neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Park Ave / E Lake St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 38.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.0% of America's neighborhoods.
Furthermore, 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 67.0% of the residential real estate in the Park Ave / E Lake St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.