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 Pace U-New York / Vesey St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
The Pace U-New York / Vesey St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,523 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. Pace U-New York / Vesey St is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, Pace U-New York / Vesey St is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.
In addition, the real estate in the Pace U-New York / Vesey St 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, 96.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.5% of American neighborhoods.
Furthermore, the Pace U-New York / Vesey 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 92.0% 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.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
Pace U-New York / Vesey St neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
In addition, one of the most interesting things about the Pace U-New York / Vesey St
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 53.2% 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
98.0% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Pace U-New York / Vesey St neighborhood, 3.4% of people ride
a ferry 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 ferry
ridership than in 99.8% of the neighborhoods in America.
Also, in the Pace U-New York / Vesey St 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 36.4%
of residents here. This is a higher proportion of walking commuters than
we found in 99.1% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
Finally, in the Pace U-New York / Vesey St neighborhood, 49.9% 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 98.7% of the
neighborhoods in America.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Pace U-New York / Vesey St neighborhood buck
62.4% 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: Diversity
Did you know that the Pace U-New York / Vesey St neighborhood has more
Eastern European and Romanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.1% of
this neighborhood's residents have Eastern European ancestry and 1.4% have Romanian ancestry.
Pace U-New York / Vesey St is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.0% of the neighborhoods in America.
Notable & Unique: Occupations
The Pace U-New York / Vesey St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.9% of the neighborhoods in American. In fact, 64.7%
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.