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Real Estate Prices & Overview

Lima median real estate price is $629,989, which is more expensive than 89.3% of the neighborhoods in Pennsylvania and 75.6% of the neighborhoods in the U.S.

The average rental price in Lima is currently $4,035, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.7% of the neighborhoods in Pennsylvania.

Lima is a rural neighborhood (based on population density) located in Media, Pennsylvania.

Lima real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lima 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.

Home and apartment vacancy rates are 9.2% in Lima. NeighborhoodScout analysis shows that this rate is lower than 42.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Of note is NeighborhoodScout's research finding that the Lima neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Lima community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Pennsylvania, this neighborhood should be on your must-see list. For many reasons, Lima may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Pennsylvania, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.9% of neighborhoods in PA. If a Pennsylvania retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Lima neighborhood has more Hungarian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Hungarian ancestry and 23.8% have Irish 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 Lima neighborhood in Media are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Lima neighborhood, 65.2% 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 13.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 10.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lima neighborhood is English, spoken by 92.9% of households.

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 Lima neighborhood in Media, PA, residents most commonly identify their ethnicity or ancestry as Irish (23.8%). There are also a number of people of Italian ancestry (16.1%), and residents who report English roots (14.7%), and some of the residents are also of German ancestry (12.0%), along with some Polish ancestry residents (4.5%), among others.

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 Lima 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 (63.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (5.6%) and 5.2% 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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