When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 4.1% of America's neighborhoods are wealthier than the
Pendleton Ln / Bayberry Ln neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
Pendleton Ln / Bayberry Ln also has one of the lowest ratings of child
poverty in the nation.
In addition, a majority of the adults in the Pendleton Ln / Bayberry Ln neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for New Hampshire by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.0%
of the neighborhoods in New Hampshire.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
Notable & Unique: Diversity
Did you know that the Pendleton Ln / Bayberry Ln neighborhood has more
French Canadian and Lebanese ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.2% of
this neighborhood's residents have French Canadian ancestry and 1.8% have Lebanese ancestry.
Notable & Unique: Modes of Transportation
Our research reveals that 94.6% of commuters who live in the
Pendleton Ln / Bayberry Ln neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
97.4% of U.S. neighborhoods.
Notable & Unique: Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the Pendleton Ln / Bayberry Ln
More residents of the Pendleton Ln / Bayberry Ln neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 97.1% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, real estate in the Pendleton Ln / Bayberry Ln neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.9% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. 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 Pendleton Ln / Bayberry Ln 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 are composed of a mixture of ages of homes, but the Pendleton Ln / Bayberry Ln stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.9% of the residential real estate here was built in this one time period.