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Real Estate Prices & Overview

St. Martins median real estate price is $584,299, which is more expensive than 86.1% of the neighborhoods in Pennsylvania and 72.3% of the neighborhoods in the U.S.

The average rental price in St. Martins is currently $2,881, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.8% of the neighborhoods in Pennsylvania.

St. Martins is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

St. Martins real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the St. Martins neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in St. Martins are 5.1%, which is lower than one will find in 65.7% of American neighborhoods. Demand for real estate in St. Martins is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

People

Of note is NeighborhoodScout's research finding that the St. Martins 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 St. Martins community truly stands out from the rest in this regard.

In addition, one of the most interesting things about the St. Martins neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 54.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.4% of the neighborhoods in America.

Also, 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 St. Martins neighborhood, where 37.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% 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 96.1% of the neighborhoods in America.

Modes of Transportation

In the St. Martins neighborhood, 17.2% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.8% of the neighborhoods in America.

Real Estate

If you love row houses and attached homes, you will probably really like the St. Martins neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 29.4% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the St. Martins neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Eastern European ancestry.

The Neighbors

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 St. Martins neighborhood in Philadelphia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.7% of U.S. neighborhoods. 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 100.0% of America's neighborhoods.

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 St. Martins neighborhood, 65.8% 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 16.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.1%), and 6.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the St. Martins neighborhood is English, spoken by 92.4% of households. Some people also speak Polish (2.1%).

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 St. Martins neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as German (12.9%). There are also a number of people of Irish ancestry (11.4%), and residents who report English roots (7.1%), and some of the residents are also of Italian ancestry (5.8%), along with some Sub-Saharan African ancestry residents (4.8%), among others.

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 St. Martins neighborhood spend between 30 and 45 minutes commuting one-way to work (32.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (37.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.2%) and 10.2% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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