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Real Estate Prices & Overview

Cedar Park South median real estate price is $757,471, which is more expensive than 86.5% of the neighborhoods in Pennsylvania and 75.0% of the neighborhoods in the U.S.

The average rental price in Cedar Park South is currently $2,009, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 65.6% of the neighborhoods in Pennsylvania.

Cedar Park South is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Cedar Park South 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 Cedar Park South 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 1970 and 1999.

Home and apartment vacancy rates are 6.2% in Cedar Park South. Ä¢¹½ÊÓÆµ analysis shows that this rate is lower than 57.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Real Estate

If you like crowded places, then you will probably enjoy the the Cedar Park South neighborhood. According to Ä¢¹½ÊÓÆµ's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 26,451 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to Ä¢¹½ÊÓÆµ's exclusive and first quantitative walkable score index, the Cedar Park South neighborhood is one of the most walkable neighborhoods in America.

In addition, if you love row houses and attached homes, you will probably really like the Cedar Park South 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, 28.8% of the residential real estate here is classified as row houses and attached homes.

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 82.3% of the residential real estate in the Cedar Park South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the Cedar Park South neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓÆµ's exclusive research reveals walking to and from work is the chosen way to commute for 21.8% of residents here. This is a higher proportion of walking commuters than we found in 98.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

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. Ä¢¹½ÊÓÆµ's analysis revealed that the Cedar Park South neighborhood is a fantastic option for bicycle commuters, as 5.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.4% of the neighborhoods in America.

Finally, if you like to ride the train to work, this neighborhood may be for you. Ä¢¹½ÊÓÆµ's research revealed that 21.3% of the Cedar Park South neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.5% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Cedar Park South neighborhood buck this trend. 31.7% of the households in this neighborhood don't own a car at all. This is more carless households than Ä¢¹½ÊÓÆµ found in 97.3% of U.S. neighborhoods.

Occupations

The Cedar Park South neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.9% of the neighborhoods in America. In fact, 73.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that 37.0% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 95.8% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Diversity

Did you know that the Cedar Park South neighborhood has more Scottish and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Scottish ancestry and 2.1% have Brazilian ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. Ä¢¹½ÊÓÆµ's research has revealed some interesting things about the rootedness of people in the Cedar Park South neighborhood. In the Cedar Park South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Cedar Park South neighborhood in Philadelphia are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 65.5% of U.S. neighborhoods. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.9% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Cedar Park South neighborhood, 73.7% 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 12.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.5%), and 3.4% in manufacturing and laborer 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 Cedar Park South neighborhood is English, spoken by 87.4% of households. Other important languages spoken here include Chinese, Spanish and Langs. of India.

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 Cedar Park South neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Irish (14.8%). There are also a number of people of German ancestry (12.8%), and residents who report Italian roots (10.7%), and some of the residents are also of Asian ancestry (7.8%), along with some Scottish ancestry residents (6.8%), among others. In addition, 12.2% 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 Cedar Park South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (21.8%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (21.3%) and 18.7% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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