Millway median real estate price is $411,946, which is more expensive than 72.6% of the neighborhoods in Pennsylvania and 54.6% of the neighborhoods in the U.S.
The average rental price in Millway is currently $1,993, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.9% of Pennsylvania neighborhoods.
Millway is a rural neighborhood (based on population density) located in Ephrata, Pennsylvania.
Millway real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Millway neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Millway, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.3% of all neighborhoods in the U.S. This means that the housing supply in Millway is very tight compared to the demand for property here.
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.
In the Millway neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.3% of commuters carpool here, which is more than in 96.5% of all U.S. neighborhoods.
According to NeighborhoodScout's research, Millway is better suited for first-time home buyers than 85.3% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Pennsylvania. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Millway neighborhood has more Swiss and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.6% of this neighborhood's residents have Swiss ancestry and 3.2% have Ukrainian ancestry.
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 Millway neighborhood in Ephrata are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.5% of the neighborhoods in America. In addition, 5.1% 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 63.6% of America'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 Millway neighborhood, 47.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.2%), and 9.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Millway neighborhood is English, spoken by 91.6% of households. Some people also speak Spanish (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 Millway neighborhood in Ephrata, PA, residents most commonly identify their ethnicity or ancestry as German (36.8%). There are also a number of people of Swiss ancestry (9.6%), and residents who report Irish roots (8.3%), and some of the residents are also of Swedish ancestry (6.4%), along with some Norwegian ancestry residents (6.2%), among others.
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 Millway neighborhood spend between 30 and 45 minutes commuting one-way to work (46.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (68.0%) 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 (24.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.