Northwest Reading median real estate price is $166,394, which is less expensive than 81.7% of Pennsylvania neighborhoods and 86.0% of all U.S. neighborhoods.
The average rental price in Northwest Reading is currently $1,668, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.3% of Pennsylvania neighborhoods.
Northwest Reading is a densely urban neighborhood (based on population density) located in Reading, Pennsylvania.
Northwest Reading real estate is primarily made up of large (four, five or more 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 Northwest 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.
Northwest Reading has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.8% 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.
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 you love row houses and attached homes, you will probably really like the Northwest Reading 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, 69.5% of the residential real estate here is classified as row houses and attached homes.
In addition, the Northwest Reading neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 35,425 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods. 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 Northwest Reading 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 79.5% of the residential real estate in the Northwest Reading neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
In the Northwest Reading neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 34.7% of commuters carpool here, which is more than in 99.5% of all U.S. neighborhoods.
Northwest Reading is ranked among the top 8.2% of neighborhoods for first-time home buyers to consider in the state of Pennsylvania according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Northwest Reading neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Northwest Reading neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.5% of this neighborhood's residents have Dominican ancestry and 23.5% have Puerto Rican ancestry.
Northwest Reading is also pretty special linguistically. Significantly, 70.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.5% of all U.S. neighborhoods.
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 Northwest 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 94.9% of U.S. neighborhoods. With 39.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.9% 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 Northwest Reading neighborhood, 37.8% 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 31.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.5%), and 8.2% in clerical, assistant, and tech support occupations.
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 Northwest Reading neighborhood is Spanish, spoken by 70.3% of households. Other important languages spoken here include English and Polish.
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 Northwest Reading neighborhood in Reading, PA, residents most commonly identify their ethnicity or ancestry as Dominican (36.5%). There are also a number of people of Puerto Rican ancestry (23.5%), and residents who report Mexican roots (10.0%), and some of the residents are also of South American ancestry (5.2%), along with some Italian ancestry residents (4.2%), among others. In addition, 39.1% of the residents of this neighborhood were born in another country.
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 Northwest Reading neighborhood spend between 15 and 30 minutes commuting one-way to work (33.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (55.9%) 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 (34.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.