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 Troy,
the 4th St / Madison St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the 4th St / Madison St neighborhood has more
Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.9% of
this neighborhood's residents have Ukrainian ancestry.
4th St / Madison St is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Polish at home. While this may seem like a small percentage, it is higher
than 96.0% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the 4th St / Madison St neighborhood, carpooling is still a popular
way to get to and from work. NeighborhoodScout's analysis reveals that
22.2% of commuters carpool here, which is more than in
96.7% of all U.S. neighborhoods.
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 4th St / Madison St neighborhood have a highly unusual car ownership.
26.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
96.1% of U.S. neighborhoods.
Notable & Unique: People
Of note, 61.7% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Notable & Unique: Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the 4th St / Madison St
In the 4th St / Madison St neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 95.2% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Real Estate
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the 4th St / Madison St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 67.9% of the real estate here is made up of such dwellings, which is higher than 99.5% of all U.S. neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The 4th St / Madison St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 81.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.5% of the neighborhoods in the United States.