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 Pittsburgh,
the Preble Ave / New Beaver Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Preble Ave / New Beaver Ave neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Preble Ave / New Beaver Ave community truly stands out from the rest in this regard.
In addition, an interesting characteristic about the Preble Ave / New Beaver Ave neighborhood
is that there are more incarcerated people living here than 99.9%
of neighborhoods in the U.S. The United States has the highest rate of
incarceration in the world, currently with 1 out of every 100 adults in the
country are incarcerated as a punishment for crimes committed. The extremely
high incarceration rate of this neighborhood could mean that a prison, juvenile
detention facility or other correctional facility occupies a large proportion
of the neighborhood, or contains a large portion of the neighborhood's population.
Also, neighborhoodScout's exclusive research revealed that 100.0%
of the adult residents in the Preble Ave / New Beaver Ave neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 99.5% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Preble Ave / New Beaver Ave neighborhood has more
Hungarian and Croatian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.5% of
this neighborhood's residents have Hungarian ancestry and 1.0% have Croatian ancestry.
Preble Ave / New Beaver Ave is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily
speak Arabic at home. While this may seem like a small percentage, it is higher
than 95.9% of the neighborhoods in America.
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 Preble Ave / New Beaver Ave
In the Preble Ave / New Beaver Ave neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 99.0% 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, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Preble Ave / New Beaver Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.