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Real Estate Prices & Overview

Martin Luther King Jr Dr / W Union St median real estate price is $276,102, which is more expensive than 49.9% of the neighborhoods in Pennsylvania and 35.6% of the neighborhoods in the U.S.

The average rental price in Martin Luther King Jr Dr / W Union St is currently $1,700, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.8% of Pennsylvania neighborhoods.

Martin Luther King Jr Dr / W Union St is a densely urban neighborhood (based on population density) located in Allentown, Pennsylvania.

Martin Luther King Jr Dr / W Union 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 Martin Luther King Jr Dr / W Union St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Martin Luther King Jr Dr / W Union St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Martin Luther King Jr Dr / W Union St is very tight compared to the demand for property here.

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 Allentown, the Martin Luther King Jr Dr / W Union St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the Martin Luther King Jr Dr / W Union St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.6%, which is higher than 98.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. With a real estate vacancy rate of only 0.0%, the Martin Luther King Jr Dr / W Union St 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.

In addition, the Martin Luther King Jr Dr / W Union St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, 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 NeighborhoodScout's exclusive and first quantitative walkable score index, the Martin Luther King Jr Dr / W Union St neighborhood is one of the most walkable neighborhoods in America.

Also of note, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Martin Luther King Jr Dr / W Union St neighborhood could be your paradise. With 23.5% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 5.0% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Occupations

NeighborhoodScout's exclusive research identifies the Martin Luther King Jr Dr / W Union St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 62.9% of its working residents employed in such fields, which is a higher proportion than 99.9% of American neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the Martin Luther King Jr Dr / W Union St (36.9%) than in 99.6% of the neighborhoods in America.

People

An interesting characteristic about the Martin Luther King Jr Dr / W Union St neighborhood is that there are more incarcerated people living here than 99.3% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Diversity

Did you know that the Martin Luther King Jr Dr / W Union St neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.8% of this neighborhood's residents have Puerto Rican ancestry and 11.8% have Dominican ancestry.

Martin Luther King Jr Dr / W Union St is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.3% 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 Martin Luther King Jr Dr / W Union St neighborhood in Allentown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.8% of U.S. neighborhoods. With 40.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.3% 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 Martin Luther King Jr Dr / W Union St neighborhood, 62.9% of the working population is employed in manufacturing and laborer 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 18.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.1%), and 4.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Martin Luther King Jr Dr / W Union St neighborhood is Spanish, spoken by 57.2% of households. Some people also speak English (42.2%).

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 Martin Luther King Jr Dr / W Union St neighborhood in Allentown, PA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (40.8%). There are also a number of people of Dominican ancestry (11.8%), and residents who report South American roots (7.6%), and some of the residents are also of German ancestry (4.3%), along with some English ancestry residents (2.8%), among others. In addition, 11.7% 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 Martin Luther King Jr Dr / W Union St neighborhood spend between 15 and 30 minutes commuting one-way to work (48.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (49.2%) 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 (36.9%) and 8.5% 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.


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