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: Modes of Transportation
In the Pratt Institute-Main / Lafayette Ave neighborhood, 61.2% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 99.3% of the
neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 4.7% of residents in
the Pratt Institute-Main / Lafayette Ave neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
97.2% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Finally, in the Pratt Institute-Main / Lafayette Ave neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 12.4% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 96.7% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Real Estate
The Pratt Institute-Main / Lafayette Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 54,042 persons per square mile in the neighborhood, it is more packed with people than 98.8% of the nation's neighborhoods.
In addition, one of the really unique and interesting things about the look and setting of the Pratt Institute-Main / Lafayette Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.1% of all neighborhoods in America.
Furthermore, the Pratt Institute-Main / Lafayette Ave 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 82.0% 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.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the Pratt Institute-Main / Lafayette Ave neighborhood have a highly unusual car ownership.
54.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.8% of U.S. neighborhoods.
Notable & Unique: People
An extraordinary 30.7% of the residents of the
Pratt Institute-Main / Lafayette Ave neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
In addition, for many reasons, Pratt Institute-Main / Lafayette Ave is rated by NeighborhoodScout
as one of the top 3.8% of ideal neighborhoods for first-time
home buyers in the state of New York. Homes here are priced below
median housing values in the state, yet the neighborhood has a track
record according to NeighborhoodScout's exclusive neighborhood home
appreciation rates of above average real estate appreciation over the
last five years compared to other NY neighborhoods, protecting
your investment in your first home, while simultaneously making it
less risky for your lender. Not only does this neighborhood stand out
for combining price and home value stability or increases, it also is
a neighborhood with a high quality resident population according exclusive
data, meaning this is likely a good place to buy, live, and enjoy. While
many first time home buyers focus purely on low cost and convenient location,
which can risk your investment in your first home and put you in a less
than desirable neighborhood, this neighborhood is a true standout for
a lot of reasons, and definitely worth a look if you are a first time home buyer.
Notable & Unique: Diversity
Did you know that the Pratt Institute-Main / Lafayette Ave neighborhood has more
Jamaican and Dominican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.1% of
this neighborhood's residents have Jamaican ancestry and 2.4% have Dominican ancestry.
Pratt Institute-Main / Lafayette Ave is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.