Preston Hollow is a very small town located in the state of New York. With a population of 1,816 people and just one neighborhood, Preston Hollow is the 626th largest community in New York. Preston Hollow has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.
Preston Hollow is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Preston Hollow is a town of sales and office workers, professionals, and managers. There are especially a lot of people living in Preston Hollow who work in sales jobs (24.45%), management occupations (9.99%), and office and administrative support (9.41%).
Of important note, Preston Hollow is also a town of artists. Preston Hollow has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Preston Hollow’s character.
Another notable thing is that Preston Hollow is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Preston Hollow has relatively fewer families with younger children, and/or college students. Combined, this makes Preston Hollow a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
In Preston Hollow, however, the average commute to work is quite long. On average, people spend 32.49 minutes each day getting to work, which is significantly higher than the national average.
Preston Hollow is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The population of Preston Hollow is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.98% of adults in Preston Hollow have a bachelor's degree or even advanced degree.
The per capita income in Preston Hollow in 2018 was $45,934, which is upper middle income relative to New York, and wealthy relative to the rest of the US. This equates to an annual income of $183,736 for a family of four. However, Preston Hollow contains both very wealthy and poor people as well.
The people who call Preston Hollow home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Preston Hollow residents report their race to be White, followed by Black or African-American. Important ancestries of people in Preston Hollow include Irish, German, Italian, English, and Swedish.
The most common language spoken in Preston Hollow is English. Other important languages spoken here include Spanish and Italian.
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 Preston Hollow, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 92.8% of the neighborhoods in America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, despite all of the residential real estate here in the 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 37.4%, which is higher than 96.7% of all U.S. neighborhoods.
If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.8% of retiree-friendly neighborhoods in New York, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New York.
Did you know that the neighborhood has more Dutch and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Dutch ancestry and 5.3% have Swedish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Preston Hollow are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.1% of the neighborhoods in America. With 14.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 41.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.7%), and 10.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 97.6% of households.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Preston Hollow, NY, residents most commonly identify their ethnicity or ancestry as Irish (22.9%). There are also a number of people of German ancestry (21.4%), and residents who report Italian roots (16.2%), and some of the residents are also of English ancestry (8.7%), along with some Swedish ancestry residents (5.3%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (34.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.