it is mostly conventions, but there is some meaning to it:
“Avenue” is wider than a regular street, and there are usually fewer of them.
“Boulevard” has trees on it. Or had, when it was created.
“Road” is in rural area, or used to be in rural area when it was created
“Lane” is an alley, used for trash containers or parking.
“Place” or “Court” is an small upscale residential street, often a dead-end (or “cul-de-sac”).
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