This is a small community in a single neighborhood.
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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Peterman is a tiny town located in the state of Alabama. With a population of 87 people and just one neighborhood, Peterman is the 401st largest community in Alabama.
Occupations and Workforce
Peterman is a decidedly white-collar town, with fully 100.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Peterman is a town of sales and office workers, transportation and shipping workers, and production and manufacturing workers. There are especially a lot of people living in Peterman who work in sales jobs (100.00%), office and administrative support (0.00%), and personal care services (0.00%).
Setting & Lifestyle
Overall, Peterman’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
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, Peterman is worth considering.
One of the benefits of Peterman is that there is very little traffic. The average commute to work is 7.50 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Peterman is very much a car-oriented town. This is because the population of Peterman isn't large enough or dense enough to support an extensive public transit system. It has a lot of rural roads, and the distance between houses can be quite large, which together tends to discourage walking and bicycling to work. 100.00% of residents commute to work in their own car (and the drive is typically to a job out of town). People also tend to drive out of town for other services as well, such as shopping, doctors appointments, and more.
Peterman 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.
Demographics
In terms of college education, Peterman is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.81% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Peterman in 2022 was $86,358, which is wealthy relative to Alabama and the nation. This equates to an annual income of $345,432 for a family of four. However, Peterman contains both very wealthy and poor people as well.
The people who call Peterman home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Peterman residents report their race to be White. Important ancestries of people in Peterman include Irish, German, Yugoslavian, Other West Indian, and West Indian.
The most common language spoken in Peterman is English. Other important languages spoken here include African languages and Arabic.
Notable & Unique Neighborhood Characteristics
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 Peterman, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Occupations
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 22.8% of its workforce, this neighborhood has a greater concentration of government workers than 99.4% of U.S. neighborhoods.
Furthermore, with 4.8% of employed workers living in the neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Modes of Transportation
While most Americans do drive to work alone each day, the neighborhood stands out by having 94.5% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.3% of all American neighborhoods.
People
The neighborhood stands out for having an average per capita income lower than 98.3% of the neighborhoods in the United States.
In addition, if you're planning where to retire, the neighborhood in Peterman 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 AL, 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 85.6% of the neighborhoods in Alabama. If you are considering retiring to Alabama, this is a good neighborhood to look at.
Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 8 people per square mile living here, this neighborhood is less crowded than 97.4% of America.
In addition, despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.7%, which is higher than 96.0% of all U.S. neighborhoods.
Diversity
Did you know that the neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Native American ancestry.
The Neighbors
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 Peterman are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.3% of U.S. neighborhoods. With 31.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.0% of U.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, 45.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (22.8%), and 16.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the neighborhood is English, spoken by 99.2% of households.
Ethnicity / Ancestry
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 Peterman, AL, residents most commonly identify their ethnicity or ancestry as English (5.4%). There are also a number of people of Native American ancestry (2.3%), and residents who report Irish roots (1.8%), and some of the residents are also of French Canadian ancestry (1.1%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (34.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (94.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
