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Real Estate Prices & Overview

Haverford College median real estate price is $476,383, which is more expensive than 78.8% of the neighborhoods in Pennsylvania and 61.4% of the neighborhoods in the U.S.

The average rental price in Haverford College is currently $2,826, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.8% of the neighborhoods in Pennsylvania.

Haverford College is an urban neighborhood (based on population density) located in Ardmore, Pennsylvania.

Haverford College real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Haverford College 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.

Haverford College has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

People

Of note is NeighborhoodScout's research finding that the Haverford College neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Haverford College community truly stands out from the rest in this regard.

In addition, haverford College is ranked among the top 5.8% of neighborhoods for first-time home buyers to consider in the state of Pennsylvania according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Haverford College neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for urban sophisticates, young, single professionals and highly educated executives.

Real Estate

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 Haverford College neighborhood could be your paradise. With 44.2% 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 1.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Modes of Transportation

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. NeighborhoodScout's analysis revealed that the Haverford College neighborhood is a fantastic option for bicycle commuters, as 5.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.3% of the neighborhoods in America.

Occupations

Executives, managers and professionals make up 76.2% of the workforce in the Haverford College neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Haverford College neighborhood has more Armenian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Armenian ancestry and 7.5% have Jamaican ancestry.

Haverford College is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Haverford College neighborhood in Ardmore are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Haverford College neighborhood, 76.2% 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 10.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.7%), and 5.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Haverford College neighborhood is English, spoken by 88.6% of households.

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 Haverford College neighborhood in Ardmore, PA, residents most commonly identify their ethnicity or ancestry as Irish (18.7%). There are also a number of people of German ancestry (11.6%), and residents who report English roots (9.4%), and some of the residents are also of Italian ancestry (8.6%), along with some Jamaican ancestry residents (7.5%), among others. In addition, 10.1% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Haverford College neighborhood spend between 30 and 45 minutes commuting one-way to work (34.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (47.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.2%) and 6.1% of residents also carpool with coworkers, friends, or neighbors 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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