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Real Estate Prices & Overview

Somerton Southwest median real estate price is $372,733, which is more expensive than 70.0% of the neighborhoods in Pennsylvania and 51.4% of the neighborhoods in the U.S.

The average rental price in Somerton Southwest is currently $2,013, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.8% of the neighborhoods in Pennsylvania.

Somerton Southwest is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Somerton Southwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Somerton Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Somerton Southwest, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.2% of all neighborhoods in the U.S. This means that the housing supply in Somerton Southwest is very tight compared to the demand for property here.

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.

Modes of Transportation

In the Somerton Southwest neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 29.9% of commuters carpool here, which is more than in 98.8% of all U.S. neighborhoods.

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 Somerton Southwest neighborhood could be your paradise. With 27.7% 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 3.8% 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 Somerton Southwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,917 people per square mile living here.

Diversity

Did you know that the Somerton Southwest neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Ukrainian ancestry and 5.5% have Russian ancestry.

Somerton Southwest is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Somerton Southwest neighborhood has a greater percentage of residents born in another country (66.4%) than are found in 99.6% of all U.S. neighborhoods.

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 Somerton Southwest 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 67.5% of U.S. neighborhoods. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.5% 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 Somerton Southwest neighborhood, 35.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 13.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Somerton Southwest neighborhood is English, spoken by 25.7% of households. Other important languages spoken here include Chinese, Russian, Langs. of India and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Somerton Southwest neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Asian (33.1%). There are also a number of people of Ukrainian ancestry (8.2%), and residents who report Russian roots (5.5%), and some of the residents are also of Irish ancestry (4.2%), along with some Sub-Saharan African ancestry residents (3.8%), among others. In addition, 66.4% 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 Somerton Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (40.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.3%) 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 (29.9%) and 6.9% 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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