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Real Estate Prices & Overview

Fairoaks / Town Center median real estate price is $415,202, which is more expensive than 74.4% of the neighborhoods in Pennsylvania and 56.2% of the neighborhoods in the U.S.

The average rental price in Fairoaks / Town Center is currently $2,063, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.2% of the neighborhoods in Pennsylvania.

Fairoaks / Town Center is a suburban neighborhood (based on population density) located in Horsham, Pennsylvania.

Fairoaks / Town Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 Fairoaks / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.0% in Fairoaks / Town Center. NeighborhoodScout analysis shows that this rate is lower than 48.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

The Fairoaks / Town Center neighborhood stands out within Pennsylvania for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.7% of college-friendly places to live in PA.

Diversity

Did you know that the Fairoaks / Town Center neighborhood has more Lithuanian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Lithuanian ancestry and 2.2% have Ukrainian ancestry.

Fairoaks / Town Center is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Fairoaks / Town Center neighborhood in Horsham are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.8% of U.S. neighborhoods. With 12.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Fairoaks / Town Center neighborhood, 30.7% 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 29.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (28.5%), and 11.9% 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 Fairoaks / Town Center neighborhood is English, spoken by 69.7% of households. Other important languages spoken here include Spanish and Langs. of India.

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 Fairoaks / Town Center neighborhood in Horsham, PA, residents most commonly identify their ethnicity or ancestry as Irish (21.6%). There are also a number of people of German ancestry (19.5%), and residents who report Mexican roots (14.7%), and some of the residents are also of Italian ancestry (12.1%), along with some Asian ancestry residents (9.0%), among others. In addition, 17.2% 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 Fairoaks / Town Center neighborhood spend under 15 minutes commuting one-way to work (36.7% of working residents), one of the shortest commutes across America.

Here most residents (80.0%) 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 (5.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
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Educational Expenditures

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