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.
Unlike some towns, Preston Hollow isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Preston Hollow are a mix of both white- and blue-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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.87% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 is that it can take a long time to commute to work. In Preston Hollow, the average commute to work is 32.00 minutes, which is quite a bit 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 education level of Preston Hollow citizens is very high relative to the national average among all cities (21.84%): 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, real estate in the neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 98.1% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. 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.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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.
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, 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 the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
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.