What is Neighbourhood ?
Neighbourhood is (noun) a small area and the people who live in it This is a quiet neighbourhood we don’t like noisy parties. The doctor knows everyone in the neighbourhood. in the neighbourhood of 1. near There are three hotels in the neighbourhood of the Conference Centre. 2. approximately The sum involved is in the neighbourhood of £100,000. (NOTE: The US spelling is neighborhood.)
source: Easier English, Student Dictionary Upper Intermediate Level