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Real Estate Prices & Overview

Nicetown Northeast median real estate price is $169,403, which is less expensive than 81.0% of Pennsylvania neighborhoods and 85.4% of all U.S. neighborhoods.

The average rental price in Nicetown Northeast is currently $2,249, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.1% of the neighborhoods in Pennsylvania.

Nicetown Northeast is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Nicetown Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Nicetown Northeast 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.

Home and apartment vacancy rates are 7.2% in Nicetown Northeast. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

If you love row houses and attached homes, you will probably really like the Nicetown Northeast 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, 76.5% 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 Nicetown Northeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 69.5% of the residential real estate in the Nicetown Northeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.5% of U.S. neighborhoods.

People

Of note, 80.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, neighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the Nicetown Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Nicetown Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.7% of all neighborhoods in America.

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 Nicetown Northeast neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.6% of its workforce, this neighborhood has a greater concentration of government workers than 97.6% of U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Nicetown Northeast neighborhood buck this trend. 22.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.

Diversity

Did you know that the Nicetown Northeast neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.5% of this neighborhood's residents have Jamaican 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 Nicetown Northeast neighborhood in Philadelphia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.0% of U.S. neighborhoods. With 80.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Nicetown Northeast neighborhood, 36.0% of the working population is employed in clerical, assistant, and tech support 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 executive, management, and professional occupations (19.3%), and 15.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Nicetown Northeast neighborhood is English, spoken by 100.0% of households.

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 Nicetown Northeast neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Jamaican (26.5%). There are also a number of people of Irish ancestry (1.8%), and residents who report Mexican roots (1.4%).

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 Nicetown Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (44.3% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (15.0%) who commute over an hour in each direction.

Here most residents (47.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (26.5%) and 7.7% 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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