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Real Estate Prices & Overview

Southwest Reading median real estate price is $171,348, which is less expensive than 80.7% of Pennsylvania neighborhoods and 85.7% of all U.S. neighborhoods.

The average rental price in Southwest Reading is currently $1,428, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.0% of Pennsylvania neighborhoods.

Southwest Reading is an urban neighborhood (based on population density) located in Reading, Pennsylvania.

Southwest Reading real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Southwest Reading 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 1970 and 1999.

Southwest Reading has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.8% 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

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 Southwest Reading neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Southwest Reading neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.7% of the neighborhoods in America. Also of note, 75.2% 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, single parenting is hard. But you don't have to tell the Southwest Reading neighborhood about it; they already know. 31.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.6% 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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Southwest Reading neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.6% of all American neighborhoods.

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 Southwest Reading neighborhood could be your paradise. With 37.0% 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.

Diversity

Did you know that the Southwest Reading neighborhood has more Puerto Rican and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.9% of this neighborhood's residents have Puerto Rican ancestry and 14.8% have Dutch ancestry.

Southwest Reading is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.

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 Southwest Reading 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 99.7% of U.S. neighborhoods. With 75.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% 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 Southwest Reading neighborhood, 44.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.4%), and 10.4% in executive, management, and professional occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Southwest Reading neighborhood is Spanish, spoken by 55.9% of households. Other important languages spoken here include English and African languages.

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 Southwest Reading neighborhood in Reading, PA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (34.9%). There are also a number of people of Dominican ancestry (24.6%), and residents who report German roots (18.4%), and some of the residents are also of Dutch ancestry (14.8%), along with some South American ancestry residents (11.5%), among others. In addition, 18.1% 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 Southwest Reading neighborhood spend under 15 minutes commuting one-way to work (51.2% of working residents), one of the shortest commutes across America.

Here most residents (57.8%) 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 (20.1%) and 8.7% of residents also hop out the door and walk to work 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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