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 New York,
the W 42nd St / Broadway neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
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 W 42nd St / Broadway neighborhood have a highly unusual car ownership.
80.6% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.9% of U.S. neighborhoods.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
W 42nd St / Broadway neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
W 42nd St / Broadway community truly stands out from the rest in this regard.
In addition, 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: 50.2%. This
is a higher percent living alone than we found in 97.1% 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.
Also, a unique characteristic about the people in the W 42nd St / Broadway
neighborhood is that a majority of them are young, single professionals.
In fact, there are more young, single professionals in this one community
than 96.2% of neighborhoods in the U.S. Here you'll
find an active nightlife nearby with lots of opportunities to flirt
and find romance.
Finally, neighborhoodScout's analysis shows that the W 42nd St / Broadway
neighborhood has a greater concentration of residents currently enrolled
in college than 95.5% of the neighborhoods in the U.S. With
12.3% of the population here attending college, this is very
much a college-focused neighborhood.
Notable & Unique: Modes of Transportation
More people in W 42nd St / Broadway choose to walk to work each day
(52.0%) 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, in the W 42nd St / Broadway neighborhood, 48.0% 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 98.6% of the
neighborhoods in America.
Notable & Unique: Occupations
The W 42nd St / Broadway neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.4% of the neighborhoods in American. In fact, 76.4%
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: Diversity
Did you know that the W 42nd St / Broadway neighborhood has more
Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 51.4% of
this neighborhood's residents have Asian ancestry.
W 42nd St / Broadway is also pretty special linguistically. Significantly, 12.3% of its residents five years old and above primarily
speak Korean at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the W 42nd St / Broadway neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 96.9% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Real Estate
In addition, the real estate in the W 42nd St / 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, 94.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.1% of American neighborhoods.
Furthermore, the W 42nd St / 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 81.7% 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, if you like the look and ambience of new homes and newly built neighborhoods, you will love the W 42nd St / Broadway neighborhood. A whopping 46.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.