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: 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 54th St / Broadway neighborhood have a highly unusual car ownership.
87.9% 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 54th 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 54th 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: 70.1%. This
is a higher percent living alone than we found in 99.8% 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, 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 W 54th St / Broadway neighborhood, where 39.6% 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 98.2%
of the neighborhoods in America.
Finally, think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the W 54th St / Broadway neighborhood: a neighborhood in which more
"urban sophisticates" live than 97.4% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for young, single professionals.
Notable & Unique: Modes of Transportation
In the W 54th St / Broadway neighborhood, walking to work is a real
option for many. In fact, NeighborhoodScout's exclusive research reveals
walking to and from work is the chosen way to commute for 45.2%
of residents here. This is a higher proportion of walking commuters than
we found in 99.5% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
Also, if you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 44.8% of the
W 54th St / Broadway neighborhood's commuters ride the train to and from work each
day, which is more than we found in 98.4% of America's
Notable & Unique: Diversity
Did you know that the W 54th St / Broadway neighborhood has more
Russian and Lithuanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.9% of
this neighborhood's residents have Russian ancestry and 2.3% have Lithuanian ancestry.
W 54th St / Broadway is also pretty special linguistically. Significantly, 6.8% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.4% of the neighborhoods in America.
Notable & Unique: Real Estate
The W 54th St / Broadway neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,882 persons per square mile in the neighborhood, it is more packed with people than 98.2% of the nation'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 W 54th St / Broadway neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the W 54th 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, 99.4% 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 W 54th 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 98.0% 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.
Also of note, renter-occupied real estate is dominant in the W 54th St / Broadway neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 90.1%, which is higher than 97.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Notable & Unique: Occupations
The W 54th St / Broadway neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.7% of the neighborhoods in American. In fact, 69.0%
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.