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 E 62nd St / Lexington Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 1.3% of America's neighborhoods are wealthier than the
E 62nd St / Lexington Ave neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
E 62nd St / Lexington Ave also has one of the lowest ratings of child
poverty in the nation.
In addition, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the E 62nd St / Lexington Ave
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.8% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the E 62nd St / Lexington Ave
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.
Also, the rate of college educated adults in the E 62nd St / Lexington Ave neighborhood
is a unique characteristic of the neighborhood. 86.3% 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
99.7% of all U.S. neighborhoods.
Finally, one of the most interesting things about the E 62nd St / Lexington Ave
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 53.3% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
98.1% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the E 62nd St / Lexington Ave neighborhood has more
Russian and Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.6% of
this neighborhood's residents have Russian ancestry and 3.1% have Ukrainian ancestry.
E 62nd St / Lexington Ave is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
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 E 62nd St / Lexington Ave neighborhood have a highly unusual car ownership.
62.9% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.2% of U.S. neighborhoods.
Notable & Unique: Modes of Transportation
More people in E 62nd St / Lexington Ave choose to walk to work each day
(37.2%) 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 E 62nd St / Lexington Ave neighborhood, 35.5% 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 97.9% 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 62,837 people per square mile, it is more densely populated than 99.1% of America's neighborhoods. 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 E 62nd St / Lexington Ave neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the E 62nd St / Lexington Ave 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, 91.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.7% of American neighborhoods.
Furthermore, despite all of the residential real estate here in the E 62nd St / Lexington Ave neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.7%, which is higher than 95.6% of all U.S. neighborhoods.
Notable & Unique: Occupations
The E 62nd St / Lexington Ave neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.0% of the neighborhoods in American. In fact, 73.8%
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.