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Real Estate Prices & Overview

Pechin St / Ripka St median real estate price is $364,513, which is more expensive than 66.6% of the neighborhoods in Pennsylvania and 49.3% of the neighborhoods in the U.S.

The average rental price in Pechin St / Ripka St is currently $2,051, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.5% of the neighborhoods in Pennsylvania.

Pechin St / Ripka St is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Pechin St / Ripka St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes 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 Pechin St / Ripka St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.7% in Pechin St / Ripka St. NeighborhoodScout analysis shows that this rate is lower than 55.3% 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 Pechin St / Ripka St 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 Pechin St / Ripka St community truly stands out from the rest in this regard.

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 Pechin St / Ripka St neighborhood could be your paradise. With 54.9% 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 0.9% 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, 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 Pechin St / Ripka St neighborhood is one of the most walkable neighborhoods in America.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 65.6% of the residential real estate in the Pechin St / Ripka St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.0% of U.S. neighborhoods.

Diversity

Did you know that the Pechin St / Ripka St neighborhood has more Irish and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.4% of this neighborhood's residents have Irish ancestry and 22.7% have Italian ancestry.

Pechin St / Ripka St is also pretty special linguistically. Significantly, 17.7% 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 99.5% 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 Pechin St / Ripka St neighborhood in Philadelphia are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.4% 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 Pechin St / Ripka St neighborhood, 61.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 14.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.8%), and 9.7% 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 Pechin St / Ripka St neighborhood is English, spoken by 95.1% of households. Other important languages spoken here include Italian, Polish 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 Pechin St / Ripka St neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Irish (27.4%). There are also a number of people of German ancestry (22.9%), and residents who report Italian roots (22.7%), and some of the residents are also of Polish ancestry (7.8%), along with some English ancestry residents (5.8%), 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 Pechin St / Ripka St neighborhood spend between 30 and 45 minutes commuting one-way to work (39.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (54.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.0%) and 8.6% 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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