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Real Estate Prices & Overview

The Flats median real estate price is $114,630, which is less expensive than 88.7% of Pennsylvania neighborhoods and 91.5% of all U.S. neighborhoods.

The average rental price in The Flats is currently $1,245, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.2% of Pennsylvania neighborhoods.

The Flats is a densely urban neighborhood (based on population density) located in Scranton, Pennsylvania.

The Flats real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the The Flats 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.

Vacant apartments or homes are a major fact of life in The Flats. The current real estate vacancy rate here is 19.0%. This is higher than the rate of vacancies in 85.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

Modes of Transportation

In the The Flats neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 32.1% of commuters carpool here, which is more than in 99.2% of all U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the The Flats neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.4% of all American neighborhoods.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the The Flats neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 36.5% of the real estate here is made up of such dwellings, which is higher than 96.4% of all U.S. neighborhoods.

In addition, 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 The Flats neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The The Flats neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 61.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.0% of the neighborhoods in the United States.

People

The The Flats neighborhood stands out within Pennsylvania for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.9% of college-friendly places to live in PA.

Diversity

Did you know that the The Flats neighborhood has more Slovak and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Slovak ancestry and 3.1% have Welsh ancestry.

The Flats is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.3% 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 The Flats neighborhood in Scranton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.3% of U.S. neighborhoods. With 46.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.7% of U.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 The Flats neighborhood, 41.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 7.1% in government jobs, whether they are in local, state, or federal positions.

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 The Flats neighborhood is English, spoken by 73.2% of households. Other important languages spoken here include Spanish, Polish and Chinese.

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 The Flats neighborhood in Scranton, PA, residents most commonly identify their ethnicity or ancestry as Irish (14.1%). There are also a number of people of Puerto Rican ancestry (13.5%), and residents who report Italian roots (7.8%), and some of the residents are also of German ancestry (7.7%), along with some Dominican ancestry residents (6.3%), among others. In addition, 15.2% 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 The Flats neighborhood spend under 15 minutes commuting one-way to work (36.5% of working residents), one of the shortest commutes across America.

Here most residents (60.6%) 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 (32.1%) . 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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