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Real Estate Prices & Overview

Riverside / Lorain median real estate price is $115,898, which is less expensive than 91.2% of Pennsylvania neighborhoods and 93.2% of all U.S. neighborhoods.

The average rental price in Riverside / Lorain is currently $1,395, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.8% of Pennsylvania neighborhoods.

Riverside / Lorain is a rural neighborhood (based on population density) located in Johnstown, Pennsylvania.

Riverside / Lorain real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Riverside / Lorain neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Riverside / Lorain has a 15.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 80.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Johnstown, the Riverside / Lorain neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Riverside / Lorain neighborhood has more Slovak and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Slovak ancestry and 1.7% have Austrian ancestry.

Riverside / Lorain is also pretty special linguistically. Significantly, 10.1% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.9% 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 Riverside / Lorain neighborhood in Johnstown are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.7% of U.S. neighborhoods. With 26.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.0% 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 Riverside / Lorain neighborhood, 32.3% 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 executive, management, and professional occupations, with 27.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.7%), and 16.4% 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 Riverside / Lorain neighborhood is English, spoken by 94.6% of households. Other important languages spoken here include Italian, Polish and Spanish.

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 Riverside / Lorain neighborhood in Johnstown, PA, residents most commonly identify their ethnicity or ancestry as German (30.2%). There are also a number of people of Irish ancestry (12.9%), and residents who report English roots (9.5%), and some of the residents are also of Italian ancestry (6.4%), along with some Slovak ancestry residents (5.0%), among others.

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 Riverside / Lorain neighborhood spend under 15 minutes commuting one-way to work (49.2% of working residents), one of the shortest commutes across America.

Here most residents (84.4%) 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 (6.5%) . 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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