Real Estate Prices and Overview
Old French Rd / Perry Hwy median real estate prices are $170,715, which is more expensive than 65.8% of the neighborhoods
in Pennsylvania and 53.3% of the
neighborhoods in the U.S.
Average rental prices in Old French Rd / Perry Hwy are currently
$895, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.7%
of the neighborhoods in Pennsylvania.
Old French Rd / Perry Hwy is a suburban neighborhood (based on population
density) located in Erie, Pennsylvania.
Old French Rd / Perry Hwy real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Old French Rd / Perry Hwy neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Old French Rd / Perry Hwy, the current vacancy rate is 3.6%,
which is a lower rate of vacancies than 84.3% of all neighborhoods
in the U.S. This means that the housing supply in Old French Rd / Perry Hwy
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Old French Rd / Perry Hwy 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
Old French Rd / Perry Hwy community truly stands out from the rest in this regard.
In addition, if you're nearing retirement age, or in retirement, the
Old French Rd / Perry Hwy neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 7.9% of retiree-friendly
neighborhoods in Pennsylvania, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in Pennsylvania.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for highly educated executives.
Notable & Unique: Diversity
Did you know that the Old French Rd / Perry Hwy neighborhood has more
Yugoslav and Dutch ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.2% of
this neighborhood's residents have Yugoslav ancestry and 3.1% have Dutch ancestry.
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 Old French Rd / Perry Hwy neighborhood in Erie are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 69.7% 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
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Old French Rd / Perry Hwy neighborhood, 41.2%
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 27.0% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(19.8%), and 11.9% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Old French Rd / Perry Hwy neighborhood in Erie, PA, residents
most commonly identify their ethnicity or ancestry as German
(19.6%). There are also a number of people of Italian ancestry (13.3%) , and residents who report Irish roots (10.4%) , and some of the residents are also of Polish ancestry (8.4%) , along with some English ancestry residents (7.0%), among others.
The Neighbors: Languages
The most common language spoken in the Old French Rd / Perry Hwy
neighborhood is English, spoken by 93.7% of households. Some people also speak Spanish (2.4%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Old French Rd / Perry Hwy neighborhood spend
under 15 minutes commuting one-way to work (48.5% of working
residents), one of the shortest commutes across America.
Here most residents (88.4%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.