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Real Estate Prices & Overview

River Rd / Gordon St median real estate price is $120,258, which is less expensive than 90.9% of Pennsylvania neighborhoods and 92.8% of all U.S. neighborhoods.

The average rental price in River Rd / Gordon St is currently $1,877, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.1% of Pennsylvania neighborhoods.

River Rd / Gordon St is a densely urban neighborhood (based on population density) located in Reading, Pennsylvania.

River Rd / Gordon St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 River Rd / Gordon St 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 River Rd / Gordon St are 3.2%, which is lower than one will find in 76.8% of American neighborhoods. Demand for real estate in River Rd / Gordon St 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 Reading, the River Rd / Gordon St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the River Rd / Gordon St 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, 70.0% 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 River Rd / Gordon St 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 River Rd / Gordon St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 70.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.7% of the neighborhoods in the United States.

Occupations

NeighborhoodScout's exclusive research identifies the River Rd / Gordon St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 46.4% of its working residents employed in such fields, which is a higher proportion than 98.1% of American neighborhoods.

Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the River Rd / Gordon St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.5% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.5% of U.S. neighborhoods.

Modes of Transportation

In the River Rd / Gordon St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.7% of commuters carpool here, which is more than in 97.7% of all U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the River Rd / Gordon St neighborhood about it; they already know. 19.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the River Rd / Gordon St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.3% of this neighborhood's residents have Dominican ancestry and 32.5% have Puerto Rican ancestry.

River Rd / Gordon St is also pretty special linguistically. Significantly, 71.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% of all U.S. neighborhoods.

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 River Rd / Gordon St neighborhood in Reading are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.3% of U.S. neighborhoods. With 37.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.7% 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 River Rd / Gordon St neighborhood, 46.4% of the working population is employed in manufacturing and laborer 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 24.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.4%), and 8.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the River Rd / Gordon St neighborhood is Spanish, spoken by 71.3% of households. Some people also speak English (26.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the River Rd / Gordon St neighborhood in Reading, PA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (32.5%). There are also a number of people of Dominican ancestry (30.3%), and residents who report Mexican roots (13.2%), and some of the residents are also of South American ancestry (2.7%), along with some Sub-Saharan African ancestry residents (1.7%), among others. In addition, 29.6% 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 River Rd / Gordon St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.3%) 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 (26.7%) . 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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