The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
10th Ave / Broadway neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, for many reasons, 10th Ave / Broadway is rated by NeighborhoodScout
as one of the top 0.3% 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.
In addition to being an excellent choice for first-time home buyers, this
neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Also, 10th Ave / Broadway has the amazing distinction of housing more same
sex couples living together than 98.6% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
Finally, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the 10th Ave / Broadway neighborhood, where 39.9% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 98.3%
of the neighborhoods in America.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 105,414 people per square mile, it is more densely populated than 99.7% of America's neighborhoods. 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 10th Ave / Broadway neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the 10th Ave / Broadway 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, 98.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.
Furthermore, the 10th Ave / Broadway 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 93.4% 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: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 68.7% of the
10th Ave / Broadway neighborhood's commuters ride the train to and from work each
day, which is more than we found in 99.7% of America's
Notable & Unique: Diversity
Did you know that the 10th Ave / Broadway neighborhood has more
Dominican and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.5% of
this neighborhood's residents have Dominican ancestry and 8.2% have South American ancestry.
10th Ave / Broadway is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 97.8% of the neighborhoods in America.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the 10th Ave / Broadway neighborhood buck
51.5% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.6% of U.S. neighborhoods.