Real Estate Prices and Overview
Skippack median real estate prices are $338,468, which is more expensive than 93.9% of the neighborhoods
in Pennsylvania and 82.2% of the
neighborhoods in the U.S.
Average rental prices in Skippack are currently
$894, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.9%
of the neighborhoods in Pennsylvania.
Skippack is a suburban neighborhood (based on population
density) located in Collegeville, Pennsylvania.
Skippack real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Skippack neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Skippack, the current vacancy rate is 0.4%,
which is a lower rate of vacancies than 96.2% of all neighborhoods
in the U.S. This means that the housing supply in Skippack
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Skippack neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Skippack community truly stands out from the rest in this regard.
In addition, according to NeighborhoodScout's exclusive analysis, Skippack
is among the best neighborhoods for families in Pennsylvania. In fact, this neighborhood is
more family-friendly than 96.8% of neighborhoods
in the entire state of Pennsylvania. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Notable & Unique: Diversity
Did you know that the Skippack neighborhood has more
Welsh and Italian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.0% of
this neighborhood's residents have Welsh ancestry and 20.5% have Italian ancestry.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.4%, the Skippack neighborhood has a lower vacancy rate than 96.2% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the Skippack neighborhood in Collegeville are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 94.5% of the neighborhoods in America.
In addition, 0.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 99.9%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Skippack neighborhood, 53.4%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.0% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(14.0%), and 11.6% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Skippack neighborhood in Collegeville, PA, residents
most commonly identify their ethnicity or ancestry as Italian
(20.5%). There are also a number of people of Irish ancestry (18.5%) , and residents who report German roots (18.3%) , and some of the residents are also of Asian ancestry (5.0%) , along with some English ancestry residents (5.0%), among others.
The Neighbors: Languages
The most common language spoken in the Skippack
neighborhood is English, spoken by 93.7% of households.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Skippack neighborhood spend
between 15 and 30 minutes commuting one-way to work (32.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.0%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.