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: 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 Lexington Ave / E 42nd St neighborhood have a highly unusual car ownership.
83.4% 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
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: 64.3%. This
is a higher percent living alone than we found in 99.6% 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.
In addition, the rate of college educated adults in the Lexington Ave / E 42nd St neighborhood
is a unique characteristic of the neighborhood. 81.1% 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
99.1% of all U.S. neighborhoods.
Also, 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 Lexington Ave / E 42nd St neighborhood: a neighborhood in which more
"urban sophisticates" live than 98.8% 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, young, single professionals and highly educated executives.
Notable & Unique: Occupations
Executives, managers and professionals make up 77.4% of the workforce
in the Lexington Ave / E 42nd St neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 99.5% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
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 80,675 people per square mile, it is more densely populated than 99.5% 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 Lexington Ave / E 42nd St neighborhood is one of the most walkable neighborhoods in America.
In addition, one of the really unique and interesting things about the look and setting of the Lexington Ave / E 42nd St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.7% 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 99.7% of all neighborhoods in America.
Furthermore, the Lexington Ave / E 42nd St 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 93.8% 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
More people in Lexington Ave / E 42nd St choose to walk to work each day
(45.8%) 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, if you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 35.7% of the
Lexington Ave / E 42nd St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 97.9% of America's
Notable & Unique: Diversity
Did you know that the Lexington Ave / E 42nd St neighborhood has more
Russian and Austrian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.4% of
this neighborhood's residents have Russian ancestry and 2.0% have Austrian ancestry.
Lexington Ave / E 42nd St is also pretty special linguistically. Significantly, 4.9% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 99.8% of the neighborhoods in America.