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Real Estate Prices & Overview

Norristown Southwest median real estate price is $271,152, which is more expensive than 48.4% of the neighborhoods in Pennsylvania and 34.6% of the neighborhoods in the U.S.

The average rental price in Norristown Southwest is currently $2,091, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.4% of the neighborhoods in Pennsylvania.

Norristown Southwest is a densely urban neighborhood (based on population density) located in Norristown, Pennsylvania.

Norristown Southwest real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Norristown Southwest 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.

Norristown Southwest has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.4% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 Norristown Southwest neighborhood could be your paradise. With 37.1% 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 2.2% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

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 Norristown Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the Norristown Southwest neighborhood has more Puerto Rican and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.5% of this neighborhood's residents have Puerto Rican ancestry and 13.9% have Sub-Saharan African ancestry.

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 Norristown Southwest neighborhood in Norristown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. With 45.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.2% 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 Norristown Southwest neighborhood, 38.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.5%), and 14.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Norristown Southwest neighborhood is English, spoken by 64.2% of households. Some people also speak Spanish (29.1%).

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 Norristown Southwest neighborhood in Norristown, PA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (15.5%). There are also a number of people of Sub-Saharan African ancestry (13.9%), and residents who report Mexican roots (10.6%), and some of the residents are also of Irish ancestry (8.7%), along with some Italian ancestry residents (7.9%), among others. In addition, 19.9% 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 Norristown Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (37.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.4%) 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 (13.5%) and 9.7% 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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