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Real Estate Prices & Overview

Wister / La Salle University median real estate price is $139,878, which is less expensive than 86.0% of Pennsylvania neighborhoods and 89.5% of all U.S. neighborhoods.

The average rental price in Wister / La Salle University is currently $1,710, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.1% of Pennsylvania neighborhoods.

Wister / La Salle University is an urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Wister / La Salle University 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 renter occupied. Many of the residences in the Wister / La Salle University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Wister / La Salle University are 5.6%, which is lower than one will find in 62.4% of American neighborhoods. Demand for real estate in Wister / La Salle University is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Philadelphia, the Wister / La Salle University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Wister / La Salle University neighborhood could be your paradise. With 66.3% 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 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

People

NeighborhoodScout's analysis shows that the Wister / La Salle University neighborhood has a greater concentration of residents currently enrolled in college than 99.0% of the neighborhoods in the U.S. With 41.9% of the population here attending college, this is very much a college-focused neighborhood.

Modes of Transportation

More people in Wister / La Salle University choose to walk to work each day (21.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, more people ride the bus in this neighborhood each day to get to work than 97.6% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Wister / La Salle University neighborhood has a highly unusual pattern of car ownership. 22.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.

Diversity

Did you know that the Wister / La Salle University neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.2% of this neighborhood's residents have African ancestry and 12.2% have Sub-Saharan African ancestry.

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 Wister / La Salle University neighborhood in Philadelphia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.5% of U.S. neighborhoods. In addition, 9.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 52.1% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Wister / La Salle University neighborhood, 32.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.7%), and 12.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Wister / La Salle University neighborhood is English, spoken by 94.4% of households. Some people also speak Spanish (3.0%).

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 Wister / La Salle University neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.2%). There are also a number of people of African ancestry (12.2%), and residents who report Puerto Rican roots (5.8%), and some of the residents are also of Irish ancestry (5.0%), along with some Italian ancestry residents (3.8%), 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 Wister / La Salle University neighborhood spend under 15 minutes commuting one-way to work (33.3% of working residents), one of the shortest commutes across America.

Here most residents (33.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (21.8%) and 15.9% of residents also ride the bus 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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