Cedar Park median real estate price is $963,294, which is more expensive than 96.3% of the neighborhoods in Pennsylvania and 86.9% of the neighborhoods in the U.S.
The average rental price in Cedar Park is currently $2,012, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.8% of the neighborhoods in Pennsylvania.
Cedar Park is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.
Cedar 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 Cedar 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.
Cedar Park has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.3% 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.
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.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 15.3% of residents in the Cedar Park neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.0% of the Cedar Park neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.4% of America's neighborhoods.
Finally, in the Cedar 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 11.1% of residents here. This is a higher proportion of walking commuters than we found in 95.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!
The Cedar Park neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,358 persons per square mile in the neighborhood, it is more packed with people than 97.2% of the nation's neighborhoods. 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 Cedar Park neighborhood is one of the most walkable neighborhoods in America.
In addition, 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 Cedar Park neighborhood could be your paradise. With 36.5% 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 2.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 73.8% of the residential real estate in the Cedar Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Cedar Park neighborhood, where 44.7% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 98.3% of the neighborhoods in America.
Did you know that the Cedar Park neighborhood has more Iranian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Iranian ancestry and 3.7% have Eastern European ancestry.
Cedar Park is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.
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 Cedar Park neighborhood in Philadelphia are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.9% of the neighborhoods in America. With 13.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.6% of U.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 Cedar Park neighborhood, 64.1% 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 22.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.2%), and 5.4% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Cedar Park neighborhood is English, spoken by 87.6% of households. Some people also speak Spanish (2.6%).
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 Cedar Park neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as German (17.0%). There are also a number of people of Irish ancestry (9.2%), and residents who report Asian roots (7.1%), and some of the residents are also of English ancestry (6.3%), along with some Haitian ancestry residents (5.8%), among others. In addition, 11.9% of the residents of this neighborhood were born in another country.
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 Cedar Park neighborhood spend between 30 and 45 minutes commuting one-way to work (43.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (33.9%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (15.3%) and 14.0% of residents also take the train 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.
