I live in a similar type of neighborhood. It's one of the reasons why i spent money on a catted X pipe. Also debating changing out my mufflers (currently have flowmaster 40's) as i have a new set of heads and cam going in and don't want it to be too loud. Right now i usually wait til at least 9AM to take my car for a ride, and am usually lugging out of the neighborhood in 2nd or 3rd gear.
I don't need every single HP on a car i mostly just cruise in so i'm ok with a quieter car if it costs a few HP
--1988 Mustang LX 5.0--