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Real Estate Prices & Overview

Bustleton Southeast median real estate price is $283,487, which is more expensive than 58.5% of the neighborhoods in Pennsylvania and 42.8% of the neighborhoods in the U.S.

The average rental price in Bustleton Southeast is currently $1,957, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.3% of the neighborhoods in Pennsylvania.

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

Bustleton Southeast 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 occupied by a mixture of owners and renters. Many of the residences in the Bustleton Southeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Bustleton Southeast are 4.0%, which is lower than one will find in 75.0% of American neighborhoods. Demand for real estate in Bustleton Southeast 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

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 Bustleton Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Bustleton Southeast (26.2%) than in 97.8% of the neighborhoods in America.

Real Estate

If you love row houses and attached homes, you will probably really like the Bustleton Southeast 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, 27.3% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Bustleton Southeast neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Ukrainian ancestry and 7.5% have Russian ancestry.

Bustleton Southeast is also pretty special linguistically. Significantly, 12.7% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

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 Bustleton Southeast 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 74.5% of U.S. neighborhoods. With 25.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Bustleton Southeast neighborhood, 39.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.1%), and 13.5% in clerical, assistant, and tech support occupations.

Languages

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 Bustleton Southeast neighborhood is English, spoken by 62.3% of households. Other important languages spoken here include Russian, Chinese, African languages and Arabic.

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 Bustleton Southeast neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Asian (20.1%). There are also a number of people of Russian ancestry (7.5%), and residents who report Jamaican roots (6.8%), and some of the residents are also of Irish ancestry (6.1%), along with some Puerto Rican ancestry residents (5.8%), among others. In addition, 34.9% of the residents of this neighborhood were born in another country.

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 Bustleton Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (27.7% of working residents), longer and tougher than most commutes in America.

Here most residents (52.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (26.2%) . 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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