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Real Estate Prices & Overview

Melrose Park Gardens median real estate price is $230,806, which is more expensive than 37.4% of the neighborhoods in Pennsylvania and 26.9% of the neighborhoods in the U.S.

The average rental price in Melrose Park Gardens is currently $2,366, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.4% of the neighborhoods in Pennsylvania.

Melrose Park Gardens is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Melrose Park Gardens real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Melrose Park Gardens neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Melrose Park Gardens has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.9% 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

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

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 Melrose Park Gardens neighborhood could be your paradise. With 64.8% 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 0.6% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Did you know that the Melrose Park Gardens neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.6% of this neighborhood's residents have Jamaican ancestry and 10.1% have Dominican ancestry.

Melrose Park Gardens is also pretty special linguistically. Significantly, 1.9% 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 95.8% 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 Melrose Park Gardens neighborhood in Philadelphia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.5% of U.S. neighborhoods. With 36.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.5% 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 Melrose Park Gardens neighborhood, 39.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 18.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Melrose Park Gardens neighborhood is English, spoken by 76.8% of households. Some people also speak Spanish (16.1%).

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 Melrose Park Gardens neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Jamaican (22.6%). There are also a number of people of Dominican ancestry (10.1%), and residents who report Puerto Rican roots (9.5%), and some of the residents are also of Sub-Saharan African ancestry (7.6%), along with some Haitian ancestry residents (2.9%), among others. In addition, 18.0% of the residents of this neighborhood were born in another country.

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 Melrose Park Gardens neighborhood spend between 30 and 45 minutes commuting one-way to work (33.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (65.0%) 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 (13.4%) and 8.7% 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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