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Real Estate Prices & Overview

Millway median real estate price is $413,479, which is more expensive than 73.4% of the neighborhoods in Pennsylvania and 55.3% of the neighborhoods in the U.S.

The average rental price in Millway is currently $1,893, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.3% 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.

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.

Modes of Transportation

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.

People

If you're planning where to retire, the Millway neighborhood in Ephrata is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in PA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.7% of the neighborhoods in Pennsylvania. If you are considering retiring to Pennsylvania, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for first-time home buyers.

Diversity

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.

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 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.

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 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.

Languages

The most common language spoken in the Millway neighborhood is English, spoken by 91.6% of households. Some people also speak Spanish (3.3%).

Ethnicity / Ancestry

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 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.

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 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.


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