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Real Estate Prices & Overview

Fox Pointe / Lexington Place median real estate price is $495,086, which is more expensive than 82.5% of the neighborhoods in Pennsylvania and 64.8% of the neighborhoods in the U.S.

The average rental price in Fox Pointe / Lexington Place is currently $1,730, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.3% of Pennsylvania neighborhoods.

Fox Pointe / Lexington Place is a suburban neighborhood (based on population density) located in State College, Pennsylvania.

Fox Pointe / Lexington Place real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Fox Pointe / Lexington Place neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Fox Pointe / Lexington Place are 3.0%, which is lower than one will find in 78.0% of American neighborhoods. Demand for real estate in Fox Pointe / Lexington Place 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

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.

People

Of note is NeighborhoodScout's research finding that the Fox Pointe / Lexington Place neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Fox Pointe / Lexington Place community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Fox Pointe / Lexington Place is among the best neighborhoods for families in Pennsylvania. In fact, this neighborhood is more family-friendly than 99.0% of neighborhoods in the entire state of Pennsylvania. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Fox Pointe / Lexington Place neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Fox Pointe / Lexington Place neighborhood may actually hold the key. 72.7% of its residents are married, which is a higher percentage than is found in 98.2% of the neighborhoods in America.

Finally, the rate of college educated adults in the Fox Pointe / Lexington Place neighborhood is a unique characteristic of the neighborhood. 74.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.3% of all U.S. neighborhoods.

Occupations

The Fox Pointe / Lexington Place neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.6% of the neighborhoods in America. In fact, 79.2% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.4% of residents in the Fox Pointe / Lexington Place neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the Fox Pointe / Lexington Place neighborhood has more Austrian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Austrian ancestry and 1.8% have Native American ancestry.

Fox Pointe / Lexington Place is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 98.8% 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 Fox Pointe / Lexington Place neighborhood in State College are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Fox Pointe / Lexington Place neighborhood, 79.2% 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 13.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.3%), and 2.4% in clerical, assistant, and tech support 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 Fox Pointe / Lexington Place neighborhood is English, spoken by 83.5% of households. Other important languages spoken here include Chinese, German/Yiddish, Spanish and Polish.

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 Fox Pointe / Lexington Place neighborhood in State College, PA, residents most commonly identify their ethnicity or ancestry as Irish (17.1%). There are also a number of people of German ancestry (14.8%), and residents who report Asian roots (13.0%), and some of the residents are also of Polish ancestry (8.7%), along with some Italian ancestry residents (8.7%), among others. In addition, 12.4% 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 Fox Pointe / Lexington Place neighborhood spend under 15 minutes commuting one-way to work (53.9% of working residents), one of the shortest commutes across America.

Here most residents (69.8%) 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 (8.0%) and 5.4% of residents also bicycle 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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