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: Diversity
Did you know that the Jericho Town Center neighborhood has more
Eastern European and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.5% of
this neighborhood's residents have Eastern European ancestry and 8.5% have Russian ancestry.
Jericho Town Center is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily
speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher
than 99.1% of the neighborhoods in America.
Notable & Unique: People
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 Jericho Town Center neighborhood is wealthier than 98.8%
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.
As one would expect in a considerably wealthy neighborhood such as this,
Jericho Town Center also has one of the lowest ratings of child
poverty in the nation.
In addition, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 40.4% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
98.4% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Also, a majority of the adults in the Jericho Town Center 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 York by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 97.4%
of the neighborhoods in New York.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates, families with school-aged children and active retirees.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 13.7% of the Jericho
Town Center neighborhood's commuters ride the train to and from work each
day, which is more than we found in 95.2% of America's
Notable & Unique: Real Estate
In addition, if you love row houses and attached homes, you will probably really like the Jericho Town Center neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.0% of the residential real estate here is classified as row houses and attached homes.
Furthermore, with a real estate vacancy rate of only 1.1%, the Jericho Town Center neighborhood has a lower vacancy rate than 95.3% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.