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 Pearl St / State St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Pearl St / State St neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
In addition to being coastal, Pearl St / State 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 Pearl St / State 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 96.5% 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.
Furthermore, one of the really unique and interesting things about the look and setting of the Pearl St / State St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 94.3% 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 99.1% of all neighborhoods in America.
Also of note, 86.6% of the real estate in the Pearl St / State St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 40.6% of the residential real estate vacant, the Pearl St / State St neighborhood claims the distinction of having a higher vacancy rate than 97.3% 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.
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 0.5% of America's neighborhoods are wealthier than the
Pearl St / State St 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.
In addition, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 43.4% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
98.9% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Also, with more than 2.4% of residents living with a same sex partner,
Pearl St / State St is truly a neighborhood that stands out from the rest in
this regard. In fact, exclusive analysis by NeighborhoodScout reveals that
this neighborhood has a greater concentration of same sex couples than
96.9% of U.S. neighborhoods.
Finally, 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 Pearl St / State St
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 95.9% 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 Pearl St / State St
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for young, single professionals.
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 Pearl St / State St neighborhood have a highly unusual car ownership.
68.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.5% of U.S. neighborhoods.
Notable & Unique: Modes of Transportation
In the Pearl St / State St neighborhood, 53.8% 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 99.0% of the
neighborhoods in America.
Also, in the Pearl St / State 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 28.0%
of residents here. This is a higher proportion of walking commuters than
we found in 98.6% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
Notable & Unique: Diversity
Did you know that the Pearl St / State St neighborhood has more
Spanish and Danish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.3% of
this neighborhood's residents have Spanish ancestry and 3.0% have Danish ancestry.
Pearl St / State St is also pretty special linguistically. Significantly, 1.2% 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 98.5% of the neighborhoods in America.
Notable & Unique: Occupations
The Pearl St / State St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.2% of the neighborhoods in American. In fact, 70.7%
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.