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 W 57th St / 5th Ave neighborhood has more
Eastern European and British ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.4% of
this neighborhood's residents have Eastern European ancestry and 7.5% have British ancestry.
W 57th St / 5th Ave is also pretty special linguistically. Significantly, 7.1% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: People
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 57th St / 5th Ave neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.9% 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 active retirees and highly educated executives.
In addition, 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 W 57th St / 5th Ave neighborhood is wealthier than 99.0%
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,
W 57th St / 5th Ave also has one of the lowest ratings of child
poverty in the nation.
Also, 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: 61.7%. This
is a higher percent living alone than we found in 99.4% 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.
Finally, the rate of college educated adults in the W 57th St / 5th Ave neighborhood
is a unique characteristic of the neighborhood. 76.4% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
98.2% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
More people in W 57th St / 5th Ave choose to walk to work each day
(78.8%) 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, a unique way of commuting is simply not to. And in the W 57th St / 5th Ave
neighborhood, analysis shows that 12.6% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
96.8% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the W 57th St / 5th Ave neighborhood has
a highly unusual pattern of car ownership.
47.4% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.4% of U.S. neighborhoods.
Notable & Unique: Occupations
From major sales accounts to fast-food workers, sales and service employees
are often the backbone of the local economy. In the W 57th St / 5th Ave
neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis
identifies this neighborhood as having a higher percentage of sales and
service workers than 97.0% of all American neighborhoods.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The W 57th St / 5th Ave
neighborhood stands out for its commute length, according to NeighborhoodScout's
Residents of the W 57th St / 5th Ave neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 62.7% of the residents have a commute time from
home to work (one way) of less than fifteen minutes. This is a higher
proportion of residents enjoying a short trip to work than NeighborhoodScout
found in 96.3% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
Notable & Unique: Real Estate
Even if you drive or take transit to your place of employment, many
people enjoy being able to walk in their neighborhood. What many people
don't realize is that most of America's premier vacation locations are
also very walkable. The W 57th St / 5th Ave neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the W 57th St / 5th Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.1% 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 99.4% of all neighborhoods in America.
Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 60.7% of the residential real estate vacant, the W 57th St / 5th Ave neighborhood claims the distinction of having a higher vacancy rate than 99.3% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.