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    Philadelphia, PA (Fishtown - Lower Kensington)





    Real Estate Prices & Overview

    Fishtown - Lower Kensington median real estate price is $433,034, which is more expensive than 76.0% of the neighborhoods in Pennsylvania and 57.6% of the neighborhoods in the U.S.

    The average rental price in Fishtown - Lower Kensington is currently $2,993, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.3% of the neighborhoods in Pennsylvania.

    Fishtown - Lower Kensington is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

    Fishtown - Lower Kensington real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Fishtown - Lower Kensington 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 1970 and 1999.

    Home and apartment vacancy rates are 5.9% in Fishtown - Lower Kensington. NeighborhoodScout analysis shows that this rate is lower than 59.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

    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 Fishtown - Lower Kensington neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

    Real Estate

    Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Fishtown - Lower Kensington neighborhood could be your paradise. With 88.6% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

    In addition, if you like crowded places, then you will probably enjoy the the Fishtown - Lower Kensington neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,150 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Fishtown - Lower Kensington neighborhood is one of the most walkable neighborhoods in America.

    Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Fishtown - Lower Kensington neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 78.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.5% of the neighborhoods in the United States.

    People

    Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Fishtown - Lower Kensington neighborhood: a neighborhood in which more "urban sophisticates" live than 99.4% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

    Modes of Transportation

    More people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.

    Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 10.7% of the Fishtown - Lower Kensington neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.6% of America's neighborhoods.

    Occupations

    Executives, managers and professionals make up 74.3% of the workforce in the Fishtown - Lower Kensington neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

    Diversity

    Did you know that the Fishtown - Lower Kensington neighborhood has more Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.9% of this neighborhood's residents have Irish ancestry and 2.5% have British 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 Fishtown - Lower Kensington neighborhood in Philadelphia are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.0% of the neighborhoods in America. In addition, 1.3% 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 77.7% 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 Fishtown - Lower Kensington neighborhood, 74.3% 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 9.6% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (9.1%), and 8.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

    Languages

    The most common language spoken in the Fishtown - Lower Kensington neighborhood is English, spoken by 93.9% of households. Some people also speak French (2.3%).

    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 Fishtown - Lower Kensington neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Irish (34.9%). There are also a number of people of German ancestry (23.9%), and residents who report English roots (12.8%), and some of the residents are also of Italian ancestry (9.9%), along with some Polish ancestry residents (7.1%), 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 Fishtown - Lower Kensington neighborhood spend between 45 minutes and one hour commuting one-way to work (38.6% of working residents), longer and tougher than most commutes in America.

    Here most residents (39.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.6%) and 10.7% of residents also take the train 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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