Alphabet City is a small neighborhood in New York City. Its boundaries are East Houston St to the north and E 14th St to the south and contains Avenue A, B, C and D. It gains its name from these avenues. Some more popular locations in the area include Tompkins Square Park and the Nuyorican Poets Cafe.

It is a very artsy area that is heavily populated with German, Polish, Hispanic and Jewish. During the 1980s there were African Americans and Puerto Ricans living in the area as well as hundreds of struggling artists. The area also had a very high crime rate and high levels of illegal drug activity. Today it is 58th safest for all crime. There are many schools in the neighborhood such as The Neighborhood School, Franklin D. Roosevelt, Tompkins Square Middle School, New York City Community School District 1 Region 9,  Escuela Hispana and the George Jackson Academy.

In my research I found the following statistics as of 2013. The median household income was $68,148. The median rent was $1,374.There was more females than males but not by much. There was 31,769 males and 34,355 females documented. The median age for both sexes in the neighborhood was 35 years old. There was 25.9% of married couple families with children and 20.4% single-mother households. 13.1% of people do not speak english in the neighborhood and 24.4% were foreign born residents. 34.8 % of people were born in another U.S state and 35.7% were born in New York.

Asking prices for buildings has significantly increased over the past 3 years. Vacant buildings are being bought, remodeled and sold for prices reaching over 1 million dollars an apartment.The average housing price for housing units in 3-to-4 unit structures was $1,282,293. The streets are lined with early 19th and early 20th century buildings. Some buildings of note in the area include the St. Nicolas of Myra Church, the Eleventh Street Public Bath, the Congregation Beth Hamedrash Hagadol Ansche Ungarn, and the Congregation Mezritch Synagogue. Public School 64 is a French Renaissance Revival structure that was designed by master school architect C.B.J Snyder and was built in 1904-1906. This was a time period of tremendous expansion and construction of new schools due to the consolidation of New York City and its recently centralized school administration, school reforms, and a burgeoning immigrant population (wikipedia). Some notable residents of  the area Louis Abolafia, Rosario Dawson, Bobby Driscoll, Allen Ginsberg, Madonna, Charlie Parker and Heraldo Rivera.

This neighborhood is growing in money. What once was home to starving artists and immigrants has become expensive area to live in. Crime rate has dropped and the area is filled with young hip adults crawling the bars in the neighborhood. Just like many neighborhoods it is filled with family own businesses and bars that have been around for centuries. A understated but special neighborhood to say the least.

It is changing into a hip trendy area and drawing in a younger crowd attracted to the nightlife. Its filled with more unique businesses and restaurants then ever before.

http://www.city-data.com/neighborhood/East-Village-New-York-NY.html

http://www.dnainfo.com/new-york/crime-safety-report/manhattan/east-village