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Silver Lake Named A Top 10 'Best Big-City Neighborhood'

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Silverlake (Photo by Ross Reyes via the LAist Featured Photos pool on Flickr)
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Silverlake isn't just for hipsters (and James Franco) anymore. CNN Money just named the artsy area one of its Top 10 "Best Big-City Neighborhoods."

The site raves: "Close to 4,200-acre Griffith Park, this area has blossomed in recent years, becoming a haven for families as well as the hipsters who first popularized it. The stretch of Sunset Boulevard that runs through Silver Lake is packed with shops and hotspots, defying the 'no walking in L.A.' cliché."

The median household income in this trendy spot: $62,800, while the median home value is $632,000. A typical 2-bedroom in the area will set you back $2,100 per month.

The drawbacks are the "fiercely competitive" housing market, "especially for homes that feed into Ivanhoe Elementary."

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The site also put Pacific Beach in San Diego on its Top 10, saying the once "nightlife-packed post-collegiate party spot... has started to grow up" and adds that "the schools are another draw; Sessions Elementary and Pacific Beach Middle School are among the best in the city." Drawback: Lack of parking.

Also the list, Park Slope, New York City and Lakeview, Chicago.

Related:
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Silver Lake Named America's Best Hipster Hood
Video: Silver Lake Gets (Another) Hipster-Mocking Web Series