Median real estate price in the Town Center of Ardmore is $1,197,894, which is more expensive than 98.0% of the neighborhoods in Pennsylvania and 91.2% of the neighborhoods in the U.S.
The average rental price in Ardmore Town Center is currently $3,012, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.0% of the neighborhoods in Pennsylvania.
Ardmore Town Center is a suburban neighborhood (based on population density) located in Ardmore, Pennsylvania.
Real estate in the Town Center of Ardmore, PA is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center 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.
In Ardmore Town Center, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Ardmore Town Center is very tight compared to the demand for property here.
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 Ardmore, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Ardmore Town Center neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
People
The rate of college educated adults in the Ardmore Town Center neighborhood is a unique characteristic of the neighborhood. 91.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.8% of all U.S. neighborhoods.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Ardmore Town Center neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.6% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Ardmore Town Center neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and active retirees.
Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.9% of America's neighborhoods are wealthier than the Ardmore Town Center neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Modes of Transportation
A unique way of commuting is simply not to. And in the Ardmore Town Center neighborhood, analysis shows that 34.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.9% of the Ardmore Town Center neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.0% of America's neighborhoods.
Occupations
Executives, managers and professionals make up 77.2% of the workforce in the Ardmore Town Center neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Diversity
Did you know that the Ardmore Town Center neighborhood has more British and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have British ancestry and 3.0% have Eastern European ancestry.
Ardmore Town Center is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.
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 Town Center neighborhood in Ardmore 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 95.1% of the neighborhoods in America. With 10.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.5% 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 Ardmore Town Center neighborhood, 77.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 11.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.1%).
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 Ardmore Town Center neighborhood is English, spoken by 81.4% of households. Other important languages spoken here include Chinese, Spanish, French and Korean.
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 Town Center neighborhood in Ardmore, PA, residents most commonly identify their ethnicity or ancestry as Irish (23.2%). There are also a number of people of German ancestry (17.8%), and residents who report English roots (11.9%), and some of the residents are also of Italian ancestry (10.2%), along with some Asian ancestry residents (9.7%), among others. In addition, 13.2% of the residents of this neighborhood were born in another country.
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 Ardmore Town Center neighborhood spend between 30 and 45 minutes commuting one-way to work (36.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (45.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.9%) and 5.9% 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.
