Why is this the Ghetto?

Well I suppose technically it's not. We live in a very inner-city neighborhood. The kind of neighborhood who either everyone knows about because they "used" to live here or never heard of because they don't drive this far into the city. We hear ambulances and fire trucks screeching by about 5 times a week. Fourth of July and New Year's Eve are very festive around here. When a certain NBA team wins the National Championship (again) it's also very festive. The car honking and yelling last past midnight and people just walk around right in the middle of the street. Guys wearing white wife beaters with baggy khaki pants walk around the park with their pit bulls. There are car accidents at the corner all the time because for some reason that pesky telephone pole is just in the wrong place. When you hear the tires squeal and the crash you go outside to see if everyone is ok. But when you hear CRACK, CRACK, CRACK and then the tires squeal you don't go outside. We have our choice of several bus routes all within easy walking distance. The "bad side of town" YMCA is only two miles from our house. The only year we signed our daughter up for soccer there, a fight broke out on the next field over. Yup, apparently 3 year olds playing soccer inspired the fight. Trash blows around in our yard all the time. Occasionally it's because the dog knocked over the trash can but usually it's just the usual trash that's blowing around. Once when we were picking up the trash we found a driver's license and some other cards belonging to a lady whose purse had been stolen. Apparently the thief ditched the unwanted cards in our bush as they were driving by. She was glad to get those cards back.
BUT, our neighborhood is a Conservation District just a few blocks down from a Historic District (where the house price easily jumps up 100,000 or more). This was a ritzy neighborhood 50 years ago and there are rumors it is going to see a renaissance. There are lovely tree-lined streets because the trees have had time to grow. Every house looks different (no box houses as we like to call them). Except for some duplexes behind us only one family has moved into the neighborhood since we did 6 years ago. There are houses for sale but none are sitting empty. We know our neighbors. Once when our dog got in a fight with the neighbor dog a neighbor from across the street came over to help us. During a hot summer drought we spotted a grass fire across the street and my husband ran over and quickly stomped it out. There are young couples, elderly people, families with kids, retired folks. A bat colony has a home around here somewhere. An old fat skunk has been smart enough to find a good home (and plenty of food) for himself without being much of a pest. We have a pair of cardinals that make our backyard home and someone even has a rooster although I haven't figured out which house it is yet (I've got it narrowed down to four). When we were buying our house we had a few people tell us we were making a mistake. "You're going to buy a house there?" But we have been here 6 years now and overall we like it. So what do you think? Is this the ghetto? Well.....