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Real Estate Prices & Overview

Cecil B Moore Ave / N 16th St median real estate price is $417,356, which is more expensive than 71.7% of the neighborhoods in Pennsylvania and 54.5% of the neighborhoods in the U.S.

The average rental price in Cecil B Moore Ave / N 16th St is currently $2,483, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2% of the neighborhoods in Pennsylvania.

Cecil B Moore Ave / N 16th St is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Cecil B Moore Ave / N 16th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Cecil B Moore Ave / N 16th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Cecil B Moore Ave / N 16th St has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.1% 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.

People

One of the unique characteristics of the Cecil B Moore Ave / N 16th St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.5% of the neighborhoods in America. Also of note, 100.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, an extraordinary 41.1% of the residents of the Cecil B Moore Ave / N 16th St neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, cecil B Moore Ave / N 16th St has the amazing distinction of housing more same sex couples living together than 97.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Occupations

There are more people living in the Cecil B Moore Ave / N 16th St neighborhood employed as sales and service workers (46.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 33.7% of the Cecil B Moore Ave / N 16th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

Also, more people in Cecil B Moore Ave / N 16th St choose to walk to work each day (20.6%) 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.

Finally, more people ride the bus in this neighborhood each day to get to work than 98.2% of U.S. neighborhoods.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Cecil B Moore Ave / N 16th St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 48.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.3% of America's neighborhoods.

In addition, the Cecil B Moore Ave / N 16th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,670 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Cecil B Moore Ave / N 16th St neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 87.4% of the real estate in the Cecil B Moore Ave / N 16th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Cecil B Moore Ave / N 16th St neighborhood buck this trend. 29.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.

Diversity

Did you know that the Cecil B Moore Ave / N 16th St neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lebanese ancestry and 4.2% have Arab ancestry.

Cecil B Moore Ave / N 16th St is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cecil B Moore Ave / N 16th St neighborhood. In the Cecil B Moore Ave / N 16th St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Cecil B Moore Ave / N 16th St 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 98.5% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.9% 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 Cecil B Moore Ave / N 16th St neighborhood, 53.8% 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 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 8.4% in manufacturing and laborer 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 Cecil B Moore Ave / N 16th St neighborhood is English, spoken by 83.0% of households. Other important languages spoken here include Spanish and Chinese.

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 Cecil B Moore Ave / N 16th St neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Asian (10.2%). There are also a number of people of Irish ancestry (10.2%), and residents who report German roots (9.9%), and some of the residents are also of Sub-Saharan African ancestry (7.7%), along with some African ancestry residents (7.7%), among others. In addition, 13.7% of the residents of this neighborhood were born in another country.

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 Cecil B Moore Ave / N 16th St neighborhood spend between 30 and 45 minutes commuting one-way to work (32.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (33.7%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.6%) and 17.6% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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