Heres how the song for my neighborhood would go:
Oh who are the people in your neighborhood, your neighborhood, who are the people in your neighborhood, the people that you meet each day.
Oh the junkie is a person in my neighborhood, in my neighborhood, he shoots dope in his arm, throws syringes in my yard ( actually happened ) oh the junkie is a person in my neighborhood.
Oh the meth cook is a person in my neighborhood, in my neighborhood, their will be no more meth to buy when he blows the house sky high, oh the meth cook is a person in my neighborhood.
Oh white trash are the people in my neighborhood, in my neighborhood, they beat on their wives all day and night, oh white trash are people in my neighborhood.
Sorry Sesame Street, but you may want to throw a disclaimer in there about the quality of ones neighborhood before you go getting chummy with people.