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Real Estate Prices & Overview

Cedar Grove median real estate price is $204,422, which is less expensive than 70.0% of Pennsylvania neighborhoods and 78.2% of all U.S. neighborhoods.

The average rental price in Cedar Grove is currently $1,797, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.1% of Pennsylvania neighborhoods.

Cedar Grove is an urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Cedar Grove real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Cedar Grove neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Cedar Grove, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.8% of all neighborhoods in the U.S. This means that the housing supply in Cedar Grove is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Philadelphia, the Cedar Grove neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the Cedar Grove 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, 76.6% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.1% of U.S. neighborhoods.

People

The Cedar Grove neighborhood stands out for having an average per capita income lower than 95.4% of the neighborhoods in the United States.

Diversity

Did you know that the Cedar Grove neighborhood has more Puerto Rican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.4% of this neighborhood's residents have Puerto Rican ancestry and 5.1% have Haitian ancestry.

Cedar Grove is also pretty special linguistically. Significantly, 8.7% 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 98.9% of the neighborhoods in America.

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 Cedar Grove neighborhood in Philadelphia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.4% of U.S. neighborhoods. With 30.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.4% of U.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 Cedar Grove neighborhood, 32.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 20.8% in clerical, assistant, and tech support occupations.

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 Cedar Grove neighborhood is English, spoken by 39.8% of households. Other important languages spoken here include Spanish, Chinese, French and Vietnamese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Cedar Grove neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Asian (20.7%). There are also a number of people of Puerto Rican ancestry (14.4%), and residents who report Haitian roots (5.1%), and some of the residents are also of Mexican ancestry (2.3%), along with some Dominican ancestry residents (2.2%), among others. In addition, 34.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Cedar Grove neighborhood spend between 30 and 45 minutes commuting one-way to work (32.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (47.4%) 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 (21.9%) and 14.5% of residents also ride the bus 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.


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