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: Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the Miriam Ave / Reservoir Ave
More residents of the Miriam Ave / Reservoir Ave neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 97.3% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Diversity
Did you know that the Miriam Ave / Reservoir Ave neighborhood has more
Irish and Brazilian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 25.3% of
this neighborhood's residents have Irish ancestry and 0.7% have Brazilian ancestry.
Notable & Unique: People
Miriam Ave / Reservoir Ave is ranked among the top 5.4%
of neighborhoods for first-time home buyers to consider
in the state of Pennsylvania according to
NeighborhoodScout's exclusive analysis. Homes here are
priced below median housing values in the state, yet
maintain moderate appreciation rates compared to other
communities. Buying into the Miriam Ave / Reservoir Ave
neighborhood is not only an accessible option but an
investment opportunity for many first-time home buyers.
In addition to being an excellent choice for first-time home buyers, this
neighborhood is also a very good choice for urban sophisticates.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.0%, the Miriam Ave / Reservoir Ave neighborhood has a lower vacancy rate than 100.0% 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.
Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Miriam Ave / Reservoir Ave neighborhood, is that an incredible 83.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Also of note, 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 Miriam Ave / Reservoir Ave neighborhood could be your paradise. With 41.3% 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 1.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.