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 Wynnewood,
the E Lancaster Ave / Morris Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the E Lancaster Ave / Morris Rd neighborhood has more
Russian and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 17.0% of
this neighborhood's residents have Russian ancestry and 4.2% have Eastern European ancestry.
E Lancaster Ave / Morris Rd is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily
speak Hebrew at home. While this may seem like a small percentage, it is higher
than 97.4% of the neighborhoods in America.
Notable & Unique: People
Think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the E Lancaster Ave / Morris Rd neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.9% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and families with school-aged children.
In addition, 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 E Lancaster Ave / Morris Rd neighborhood is wealthier than 99.3%
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.
As one would expect in a considerably wealthy neighborhood such as this,
E Lancaster Ave / Morris Rd also has one of the lowest ratings of child
poverty in the nation.
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 E Lancaster Ave / Morris Rd neighborhood, where 56.7% 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 99.8%
of the neighborhoods in America.
Finally, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the E Lancaster Ave / Morris Rd neighborhood may actually hold
the key. 66.3% of its residents are married, which is a higher
percentage than is found in 95.8% of the neighborhoods
Notable & Unique: Occupations
Executives, managers and professionals make up 78.7% of the workforce
in the E Lancaster Ave / Morris Rd neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 99.7% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Real Estate
In addition, real estate in the E Lancaster Ave / Morris Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the E Lancaster Ave / Morris Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, one way that the E Lancaster Ave / Morris Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.