Preston Hollow is a very small town located in the state of New York. With a population of 1,821 people and just one neighborhood, Preston Hollow is the 626th largest community in New York.
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 (25.74%), office and administrative support (10.41%), and management occupations (10.08%).
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.
Telecommuters are a relatively large percentage of the workforce: 10.87% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Preston Hollow is worth considering.
One downside of living in Preston Hollow, however, is that residents on average have to contend with a long commute, spending on average 32.00 minutes every day commuting to work.
Being a small town, Preston Hollow does not have a public transit system used by locals to get to and from work.
The citizens of Preston Hollow are very well educated compared to the average community in the nation: 37.46% of adults in Preston Hollow have a bachelor's degree or even advanced degree.
The per capita income in Preston Hollow in 2022 was $51,161, 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 $204,644 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 Italian and Slavic languages.
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, owner-occupied real estate dominates the neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.1% of neighborhoods in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 33.6% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 96.0% 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.
If you're planning where to retire, the neighborhood in Preston Hollow is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NY, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.5% of the neighborhoods in New York. If you are considering retiring to New York, this is a good neighborhood to look at.
Did you know that the neighborhood has more Lithuanian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Lithuanian ancestry and 5.1% have Dutch 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 73.1% of the neighborhoods in America. In addition, 10.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 50.5% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 40.6% 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 31.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.3%), and 11.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 97.3% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Preston Hollow, NY, residents most commonly identify their ethnicity or ancestry as Irish (24.1%). There are also a number of people of German ancestry (22.9%), and residents who report Italian roots (15.9%), and some of the residents are also of English ancestry (9.5%), along with some Swedish ancestry residents (5.3%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (36.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.1%) 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 (7.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.