Median real estate price in the Borough Center of Oakmont is $494,099, which is more expensive than 76.4% of the neighborhoods in Pennsylvania and 60.3% of the neighborhoods in the U.S.
The average rental price in Oakmont Borough Center is currently $1,835, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.5% of Pennsylvania neighborhoods.
Oakmont Borough Center is an urban neighborhood (based on population density) located in Oakmont, Pennsylvania.
Real estate in the Borough Center of Oakmont, PA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Borough Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Oakmont Borough Center has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.6% 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.
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 Oakmont, the Borough Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you're planning where to retire, the Borough Center neighborhood in Oakmont is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in PA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.3% of the neighborhoods in Pennsylvania. If you are considering retiring to Pennsylvania, this is a good neighborhood to look at.
Did you know that the Oakmont Borough Center neighborhood has more Irish and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.3% of this neighborhood's residents have Irish ancestry and 2.0% have Slovak ancestry.
Oakmont Borough Center is also pretty special linguistically. Significantly, 20.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.
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 Borough Center neighborhood in Oakmont are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.9% of U.S. neighborhoods. With 16.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.0% 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 Oakmont Borough Center neighborhood, 62.4% 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 9.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Oakmont Borough Center neighborhood is English, spoken by 97.0% of households. Some people also speak Italian (20.8%).
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 Borough Center neighborhood in Oakmont, PA, residents most commonly identify their ethnicity or ancestry as Irish (26.3%). There are also a number of people of German ancestry (25.0%), and residents who report Italian roots (17.0%), and some of the residents are also of English ancestry (15.3%), along with some Polish ancestry residents (4.3%), among others.
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 Oakmont Borough Center neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.9%) 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 (11.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.