Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Philadelphia,
the Cherokee St / W Hartwell Ln neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
A majority of the adults in the Cherokee St / W Hartwell Ln neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Pennsylvania by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.8%
of the neighborhoods in Pennsylvania.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for active retirees and urban sophisticates.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Cherokee St / W Hartwell Ln neighborhood, where 53.1% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 99.7%
of the neighborhoods in America.
Also, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Cherokee St / W Hartwell Ln neighborhood is wealthier than 97.4%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Finally, with more than 2.2% of residents living with a same sex partner,
Cherokee St / W Hartwell Ln is truly a neighborhood that stands out from the rest in
this regard. In fact, exclusive analysis by NeighborhoodScout reveals that
this neighborhood has a greater concentration of same sex couples than
95.9% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Cherokee St / W Hartwell Ln neighborhood has more
Austrian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.2% of
this neighborhood's residents have Austrian ancestry and 2.5% have Eastern European ancestry.
Cherokee St / W Hartwell Ln is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 98.4% of the neighborhoods in America.
Notable & Unique: Occupations
The Cherokee St / W Hartwell Ln neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.8% of the neighborhoods in American. In fact, 73.3%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.8% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Cherokee St / W Hartwell Ln neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.