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: People
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 Laurelhurst neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.9% 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 highly educated executives and families with school-aged children.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Laurelhurst neighborhood, where 42.0% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 98.7%
of the neighborhoods in America.
Notable & Unique: Occupations
The Laurelhurst neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.4% of the neighborhoods in American. In fact, 76.7%
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.
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 10.1% of residents in
the Laurelhurst neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.4% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, a unique way of commuting is simply not to. And in the Laurelhurst
neighborhood, analysis shows that 11.5% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
95.7% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.
Notable & Unique: Diversity
Did you know that the Laurelhurst neighborhood has more
British and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.5% of
this neighborhood's residents have British ancestry and 2.0% have Eastern European ancestry.
Laurelhurst is also pretty special linguistically. Significantly, 0.3% 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 98.3% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.7%, the Laurelhurst neighborhood has a lower vacancy rate than 96.1% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
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 Laurelhurst neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 77.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.1% of the neighborhoods in the United States.