Real Estate Prices and Overview
N Broad St / W Dauphin St median real estate prices are $26,117, which is less expensive than 99.8% of Pennsylvania neighborhoods
and 99.8% of all U.S. neighborhoods.
Average rental prices in N Broad St / W Dauphin St are currently
$459, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 96.7% of Pennsylvania neighborhoods.
N Broad St / W Dauphin St is a densely urban neighborhood (based on population
density) located in Philadelphia, Pennsylvania.
N Broad St / W Dauphin St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments.
Most of the residential real estate is renter occupied. Many of
the residences in the N Broad St / W Dauphin St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in
N Broad St / W Dauphin St. The current real estate vacancy rate here is 37.3%.
This is higher than the rate of vacancies in 96.7% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(44.2% ride the bus) than 99.8% of all American
neighborhoods. If you like the idea of leaving your car and home and
hopping the bus to work, this might be a good neighborhood for you to
Notable & Unique: Diversity
Did you know that the N Broad St / W Dauphin St neighborhood has more
Jamaican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.7% of
this neighborhood's residents have Jamaican ancestry.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the N Broad St / W Dauphin St neighborhood has
a highly unusual pattern of car ownership.
41.0% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.0% of U.S. neighborhoods.
Notable & Unique: People
The N Broad St / W Dauphin St neighborhood stands out for having an
average per capita income lower than 97.9% of the neighborhoods
in the United States.
In addition, of particular note, 3.5% of the people in the N Broad St / W Dauphin St
neighborhood currently reside in a correction facility, held due to
punishment for a crime.
Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the N Broad St / W Dauphin St neighborhood is one of the most walkable neighborhoods in America.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the N Broad St / W Dauphin St neighborhood could be your paradise. With 65.0% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.6% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Furthermore, despite all of the residential real estate here in the N Broad St / W Dauphin St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 37.3%, which is higher than 96.7% of all U.S. neighborhoods.
The Neighbors: Income
There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the N Broad St / W Dauphin St neighborhood in Philadelphia are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 97.9% of U.S. neighborhoods.
With 54.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.1%
of U.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 N Broad St / W Dauphin St neighborhood, 32.4%
of the working population is employed in clerical, assistant, and tech support 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 30.9% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(25.5%), and 11.2% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the N Broad St / W Dauphin St neighborhood in Philadelphia, PA, residents
most commonly identify their ethnicity or ancestry as Jamaican
(5.7%). There are also a number of people of Puerto Rican ancestry (4.3%) , and residents who report German roots (3.3%) , and some of the residents are also of Asian ancestry (3.2%) , along with some Italian ancestry residents (1.1%), among others.
The Neighbors: Languages
The most common language spoken in the N Broad St / W Dauphin St
neighborhood is English, spoken by 96.6% of households.
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 N Broad St / W Dauphin St neighborhood spend
between 45 minutes and one hour commuting one-way to work (37.6% of working
residents), longer and tougher than most commutes in America.
Here most residents (44.2%) ride the bus to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (37.6%) and 11.1% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the N Broad St / W Dauphin St neighborhood of
Philadelphia by getting a lot of residents to and from work daily, reducing
the costs of commuting and reducing some congestion on the roads as well.