-
-
-
- Menu
Wallace St / N 20th St median real estate price is $607,469, which is more expensive than 96.8% of the neighborhoods in Pennsylvania and 86.3% of the neighborhoods in the U.S.
The average rental price in Wallace St / N 20th St is currently $1,767, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.8% of the neighborhoods in Pennsylvania.
Wallace St / N 20th St is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.
Wallace St / N 20th St 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Wallace St / N 20th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Wallace St / N 20th St are 5.6%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in Wallace St / N 20th St 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.
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 Wallace St / N 20th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Wallace St / N 20th St 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 Wallace St / N 20th St community truly stands out from the rest in this regard.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 81.7% of the adults living in the Wallace St / N 20th St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.9% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Wallace St / N 20th St neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.5% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Wallace St / N 20th St neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and highly educated executives.
Executives, managers and professionals make up 77.8% of the workforce in the Wallace St / N 20th St neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
The Wallace St / N 20th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,717 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Wallace St / N 20th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Wallace St / N 20th St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 38.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 68.1% of the residential real estate in the Wallace St / N 20th St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people in Wallace St / N 20th St choose to walk to work each day (23.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Wallace St / N 20th St neighborhood is a fantastic option for bicycle commuters, as 4.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.8% of the neighborhoods in America.
Did you know that the Wallace St / N 20th St neighborhood has more Greek and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Greek ancestry and 1.9% have Ukrainian ancestry.
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 Wallace St / N 20th St neighborhood in Philadelphia are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 85.0% 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 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 Wallace St / N 20th St neighborhood, 77.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 8.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (8.5%), and 5.1% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Wallace St / N 20th St neighborhood is English, spoken by 83.9% of households. Other important languages spoken here include Spanish and French.
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 Wallace St / N 20th St neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Irish (23.7%). There are also a number of people of German ancestry (14.4%), and residents who report Italian roots (13.9%), and some of the residents are also of Puerto Rican ancestry (8.8%), along with some English ancestry residents (5.1%), among others. In addition, 10.6% of the residents of this neighborhood were born in another country.
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 Wallace St / N 20th St neighborhood spend between 15 and 30 minutes commuting one-way to work (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (46.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.9%) and 10.1% of residents also ride the bus 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to PA* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Constitution High School
18 S 7th St Philadelphia, PA 19106 |
09-12 | ||
|
Fitler Academics Plus School
140 W Seymour St Philadelphia, PA 19144 |
KG-08 | ||
|
Franklin Benjamin High School
550 N Broad St Philadelphia, PA 19130 |
09-12 | ||
|
Waring Laura W School
1801 Green St Philadelphia, PA 19130 |
PK-08 | ||
| * 10 is highest | |||
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
Disclaimer
Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Actual
results may differ materially from what is predicted in any information provided by Location Inc. Nothing contained in or
generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future
performance or prediction of real estate values. No representation is made as to the accuracy of any forecast, estimate, or
projection. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without
any warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of
merchantability and fitness for a particular purpose. Location Inc. further disclaims any liability for damages, loss, or injury
arising out of the use this site and the data. All risks associated with using the site and the data are borne by the user at
user's sole cost and expense. By using the site you agree to our
Terms of Use.
