Penn Plaza's high population density indicates a prevalence of high-rise residential buildings and compact living spaces. The estimated 1,348 housing units for the 2022 population, based on the national average household size, supports this urban living model.

The neighborhood likely features a fast-paced, convenience-oriented lifestyle. Residents probably have access to extensive public transportation, including Penn Station. The proximity to Midtown Manhattan suggests a mix of residential and commercial spaces with numerous nearby amenities.

Penn Plaza's location near Madison Square Garden, a major entertainment venue, may influence the neighborhood's character and attract residents valuing access to sports events, concerts, and other large-scale entertainment options.

The consistent population growth in Penn Plaza, even through economic and health crises, indicates strong housing demand in this area. This trend aligns with patterns of urban revitalization and the appeal of centrally located neighborhoods in major cities.

Penn Plaza exemplifies urban densification in core city areas, offering a lifestyle balancing city living intensity with central location conveniences. The neighborhood's resilience and growth suggest its continued significance as a residential area within Manhattan's urban landscape.