Downingtown South median real estate price is $711,578, which is more expensive than 92.3% of the neighborhoods in Pennsylvania and 78.7% of the neighborhoods in the U.S.
The average rental price in Downingtown South is currently $3,247, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.6% of the neighborhoods in Pennsylvania.
Downingtown South is a rural neighborhood (based on population density) located in Downingtown, Pennsylvania.
Downingtown South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Downingtown South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Downingtown South, 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 Downingtown South 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 Downingtown, the Downingtown South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Owner-occupied real estate dominates the Downingtown South neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.5% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Downingtown South neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, one way that the Downingtown South neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, the Downingtown South neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.6% of all neighborhoods in America.
According to NeighborhoodScout's exclusive analysis, Downingtown South is among the best neighborhoods for families in Pennsylvania. In fact, this neighborhood is more family-friendly than 97.6% 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 Downingtown South 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.
In the Downingtown South neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.0% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Did you know that the Downingtown South neighborhood has more Italian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.3% of this neighborhood's residents have Italian ancestry and 3.0% have Ukrainian ancestry.
Downingtown South is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 95.8% 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 Downingtown South neighborhood in Downingtown 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 94.4% of the neighborhoods in America. In addition, 2.0% 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 75.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Downingtown South neighborhood, 59.0% 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 18.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 8.7% in manufacturing and laborer occupations.
The most common language spoken in the Downingtown South neighborhood is English, spoken by 93.6% of households. Some people also speak French (3.3%).
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 Downingtown South neighborhood in Downingtown, PA, residents most commonly identify their ethnicity or ancestry as Italian (31.3%). There are also a number of people of Irish ancestry (25.0%), and residents who report English roots (16.2%), and some of the residents are also of German ancestry (15.4%), along with some Polish ancestry residents (3.9%), among others.
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 Downingtown South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.3%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.