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 Albany,
the Madison Ave / Eagle St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Madison Ave / Eagle St neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 21.8% of its workforce, this
neighborhood has a greater concentration of government workers than
99.2% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Madison Ave / Eagle St neighborhood has more
Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 15.6% of
this neighborhood's residents have Puerto Rican ancestry.
Notable & Unique: People
The types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 53.0%. This
is a higher percent living alone than we found in 98.0% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
In addition, the Madison Ave / Eagle St neighborhood has a greater percentage
of children living in poverty (63.0%) than found in
96.2% of all U.S. neighborhoods. Children living in poverty
is one of the challenges facing America, and the world, and in this
neighborhood in particular, the problem can be considered acute.
Notable & Unique: Modes of Transportation
More people in Madison Ave / Eagle St choose to walk to work each day
(20.2%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Also, more people ride the bus in this neighborhood each day to get to work
than 96.9% of U.S. neighborhoods.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Madison Ave / Eagle St neighborhood has
a highly unusual pattern of car ownership.
28.3% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
96.5% of U.S. neighborhoods.
Notable & Unique: Real Estate
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 Madison Ave / Eagle 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 62.1% of the real estate here is made up of such dwellings, which is higher than 99.2% of all U.S. neighborhoods.
Furthermore, the Madison Ave / Eagle 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 80.7% 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.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Madison Ave / Eagle St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 67.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.4% of the neighborhoods in the United States.