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 Hoboken,
the Park Ave / 11Th St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 10.3% of the Park Ave / 11Th St
neighborhood's commuters ride a ferry to and from work each day, which is more than we found in
99.9% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work
(34.6% ride the bus) than 99.4% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Diversity
Did you know that the Park Ave / 11Th St neighborhood has more
Eastern European and Austrian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.6% of
this neighborhood's residents have Eastern European ancestry and 2.6% have Austrian ancestry.
Park Ave / 11Th St is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily
speak Italian at home. While this may seem like a small percentage, it is higher
than 95.5% of the neighborhoods in America.
Notable & Unique: Occupations
The Park Ave / 11Th St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.8% of the neighborhoods in American. In fact, 69.2%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: People
The rate of college educated adults in the Park Ave / 11Th St neighborhood
is a unique characteristic of the neighborhood. 74.3% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
97.6% of all U.S. neighborhoods.
In addition, think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the Park Ave / 11Th St neighborhood: a neighborhood in which more
"urban sophisticates" live than 97.2% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for college students and young, single professionals.
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 Park Ave / 11Th St neighborhood is wealthier than 96.1%
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.
Notable & Unique: Real Estate
If you like crowded places, then you will probably enjoy the Park Ave / 11Th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.7% of neighborhoods in the U.S., with 22,414 people per square mile living here. 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 / 11Th St neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Park Ave / 11Th St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 72.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.
Furthermore, the Park Ave / 11Th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.