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Real Estate Prices & Overview

Richmond South median real estate price is $293,057, which is more expensive than 48.7% of the neighborhoods in Pennsylvania and 35.9% of the neighborhoods in the U.S.

The average rental price in Richmond South is currently $1,721, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Pennsylvania neighborhoods.

Richmond South is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Richmond South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 Richmond South 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 1940 and 1969.

Home and apartment vacancy rates are 6.2% in Richmond South. NeighborhoodScout analysis shows that this rate is lower than 57.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Richmond South 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 Richmond South community truly stands out from the rest in this regard.

Real Estate

If you love row houses and attached homes, you will probably really like the Richmond South neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 78.0% of the residential real estate here is classified as row houses and attached homes.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Richmond South neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Richmond South neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 64.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.6% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (16.7% ride the bus) than 98.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Richmond South neighborhood, 14.4% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.5% of the neighborhoods in America.

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 Richmond South neighborhood has a highly unusual pattern of car ownership. 27.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.8% of U.S. neighborhoods.

Diversity

Did you know that the Richmond South neighborhood has more Polish and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.9% of this neighborhood's residents have Polish ancestry and 32.6% have Irish ancestry.

Richmond South is also pretty special linguistically. Significantly, 12.4% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Richmond South neighborhood in Philadelphia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. 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.

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 Richmond South neighborhood, 37.7% 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 25.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.5%), and 13.7% 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 Richmond South neighborhood is English, spoken by 86.8% of households. Other important languages spoken here include Polish, Spanish and Italian.

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 Richmond South neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Irish (32.6%). There are also a number of people of Polish ancestry (22.9%), and residents who report Italian roots (22.6%), and some of the residents are also of German ancestry (10.3%), along with some Puerto Rican ancestry residents (5.9%), 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 Richmond South neighborhood spend between 15 and 30 minutes commuting one-way to work (28.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (44.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.7%) and 14.4% 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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