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Real Estate Prices & Overview

Riverfront Park median real estate price is $276,907, which is more expensive than 47.2% of the neighborhoods in Pennsylvania and 33.4% of the neighborhoods in the U.S.

The average rental price in Riverfront Park is currently $1,840, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.2% of Pennsylvania neighborhoods.

Riverfront Park is a densely urban neighborhood (based on population density) located in Harrisburg, Pennsylvania.

Riverfront Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes 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 Riverfront Park 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.

Real estate vacancies in Riverfront Park are 5.2%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in Riverfront Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Riverfront Park neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.5% of its workforce, this neighborhood has a greater concentration of government workers than 98.7% of U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Riverfront Park 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, 42.3% of the residential real estate here is classified as row houses and attached homes.

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 Riverfront Park 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 Riverfront Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 69.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.6% of the neighborhoods in the United States.

People

Of particular note, 2.4% of the people in the Riverfront Park neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, for many reasons, Riverfront Park is rated by NeighborhoodScout as one of the top 3.8% of ideal neighborhoods for first-time home buyers in the state of Pennsylvania. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other PA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.

Modes of Transportation

In the Riverfront Park neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 10.3% of residents here. This is a higher proportion of walking commuters than we found in 95.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Riverfront Park neighborhood has more Swiss and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Swiss ancestry and 1.2% have Lithuanian ancestry.

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 Riverfront Park neighborhood in Harrisburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.7% of the neighborhoods in America. With 34.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.6% 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 Riverfront Park neighborhood, 62.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 18.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.4%), and 13.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Riverfront Park neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (2.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Riverfront Park neighborhood in Harrisburg, PA, residents most commonly identify their ethnicity or ancestry as German (24.6%). There are also a number of people of Irish ancestry (16.0%), and residents who report English roots (15.9%), and some of the residents are also of Italian ancestry (14.1%), along with some Scottish ancestry residents (3.3%), among others.

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 Riverfront Park neighborhood spend under 15 minutes commuting one-way to work (45.3% of working residents), one of the shortest commutes across America.

Here most residents (55.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.3%) . 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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