Historic neighborhoods or districts have great significance in preserving the community history.  People all across the Unites States choose to live in historic neighborhoods to live in distinctive places as well as for its other benefits.

According to City Lab, people in America tend to live in historic districts due to their charm and authenticity. Historic preservation districts provide certain benefits to its residents. The site claims that the Historic Pullman Community house tour in Chicago is one of the well-liked residential house tours in Illinois. People who visit the annual house tour learn and are able to witness how workers in George Pullman community lived earlier.

Apart from providing people houses, historic neighborhoods such as the Harvard-Belmont Historic District in Seattle and Milwaukee Avenue Historic District in Minneapolis provide information on the life of the earlier residents in the area. It also gives people an idea of the rich history of the place. In short, historic neighborhoods provide the connection between the present and the past. Museum of the City Org adds that historic districts with great architecture explain how people live in the past, how their life affected the cities and how the places were constructed.

Historic neighborhoods exemplify the importance of preservation in stabilizing the cities historically, socially, economically and environmentally. Historic neighborhoods including those in South Carolina have been erected a long time back in 1931. The first historic district was reviewed and grated by the Board of Architectural Review. Years later, other historic neighborhoods were recognized including the Vieux Carre (Old French Quarter) part of New Orleans.

However, there are arguments concerning historic neighborhoods. Critics claimed that these districts are to be blamed for the affordable housing crisis in the US. However, it is said that historic neighborhoods actually expand housing options for everyone.