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Real Estate Prices & Overview

Median real estate price in the Borough Center of Punxsutawney is $150,119, which is less expensive than 83.0% of Pennsylvania neighborhoods and 87.4% of all U.S. neighborhoods.

The average rental price in Punxsutawney Borough Center is currently $1,124, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.9% of Pennsylvania neighborhoods.

Punxsutawney Borough Center is a suburban neighborhood (based on population density) located in Punxsutawney, Pennsylvania.

Real estate in the Borough Center of Punxsutawney, PA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. 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 older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Punxsutawney Borough Center has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.3% 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

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 Punxsutawney, the Borough Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Punxsutawney Borough Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 10.4% of residents here. This is a higher proportion of walking commuters than we found in 95.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Significantly, 8.4% 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 97.1% 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 Punxsutawney are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.9% of U.S. neighborhoods. With 34.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.1% 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 Punxsutawney Borough Center neighborhood, 31.4% of the working population is employed in manufacturing and laborer 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 30.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.4%), and 14.3% 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 Punxsutawney Borough Center neighborhood is English, spoken by 97.3% 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 Punxsutawney, PA, residents most commonly identify their ethnicity or ancestry as German (17.0%). There are also a number of people of Irish ancestry (15.8%), and residents who report Italian roots (7.7%), and some of the residents are also of English ancestry (6.0%), along with some Polish ancestry residents (4.1%), 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 Punxsutawney Borough Center neighborhood spend under 15 minutes commuting one-way to work (33.6% of working residents), one of the shortest commutes across America.

Here most residents (73.9%) 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 (10.4%) and 7.8% of residents also carpool with coworkers, friends, or neighbors 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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