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Real Estate Prices & Overview

Median real estate price in the Borough Center of Norwood is $326,470, which is more expensive than 61.5% of the neighborhoods in Pennsylvania and 44.2% of the neighborhoods in the U.S.

The average rental price in Norwood Borough Center is currently $2,020, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.4% of the neighborhoods in Pennsylvania.

Norwood Borough Center is an urban neighborhood (based on population density) located in Norwood, Pennsylvania.

Real estate in the Borough Center of Norwood, PA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Borough Center 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 1940 and 1969.

Home and apartment vacancy rates are 9.3% in Norwood Borough Center. NeighborhoodScout analysis shows that this rate is lower than 41.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

If you love row houses and attached homes, you will probably really like the Norwood Borough Center 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, 29.1% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Norwood Borough Center neighborhood has more Irish and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.2% of this neighborhood's residents have Irish ancestry and 29.7% have Italian ancestry.

Norwood Borough Center is also pretty special linguistically. Significantly, 21.8% 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 99.8% 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 Borough Center neighborhood in Norwood are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.1% of the neighborhoods in America. With 14.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.9% 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 Norwood Borough Center neighborhood, 31.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.2%), and 13.8% 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 Norwood Borough Center neighborhood is English, spoken by 91.5% of households. Other important languages spoken here include Italian and Polish.

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 Borough Center neighborhood in Norwood, PA, residents most commonly identify their ethnicity or ancestry as Irish (41.2%). There are also a number of people of Italian ancestry (29.7%), and residents who report German roots (21.1%), and some of the residents are also of English ancestry (11.6%), along with some Asian ancestry residents (6.0%), 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 Norwood Borough Center neighborhood spend under 15 minutes commuting one-way to work (30.7% of working residents), one of the shortest commutes across America.

Here most residents (68.4%) 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 (14.3%) and 8.1% 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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