Woodland Terrace / University of the Sciences median real estate price is $504,900, which is more expensive than 81.1% of the neighborhoods in Pennsylvania and 64.6% of the neighborhoods in the U.S.
The average rental price in Woodland Terrace / University of the Sciences is currently $2,015, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.0% of the neighborhoods in Pennsylvania.
Woodland Terrace / University of the Sciences is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.
Woodland Terrace / University of the Sciences real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Woodland Terrace / University of the Sciences 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.
Woodland Terrace / University of the Sciences has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.6% 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.
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.
Modes of Transportation
In the Woodland Terrace / University of the Sciences 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 32.3% of residents here. This is a higher proportion of walking commuters than we found in 99.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Woodland Terrace / University of the Sciences neighborhood is a fantastic option for bicycle commuters, as 6.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.1% of the neighborhoods in America.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 15.8% of the Woodland Terrace / University of the Sciences neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.
People
NeighborhoodScout's analysis shows that the Woodland Terrace / University of the Sciences neighborhood has a greater concentration of residents currently enrolled in college than 98.9% of the neighborhoods in the U.S. With 36.6% of the population here attending college, this is very much a college-focused neighborhood.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Woodland Terrace / University of the Sciences neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.8% of the neighborhoods in PA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Real Estate
Renter-occupied real estate is dominant in the Woodland Terrace / University of the Sciences neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.7%, which is higher than 97.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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 Woodland Terrace / University of the Sciences neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, if you love row houses and attached homes, you will probably really like the Woodland Terrace / University of the Sciences 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, 24.4% of the residential real estate here is classified as row houses and attached homes.
Also of note, 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 Woodland Terrace / University of the Sciences neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 55.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.3% of the neighborhoods in the United States.
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 Woodland Terrace / University of the Sciences neighborhood has a highly unusual pattern of car ownership. 30.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Woodland Terrace / University of the Sciences neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Significantly, 0.4% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.
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 Woodland Terrace / University of the Sciences 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 81.5% of U.S. neighborhoods. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.4% 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 Woodland Terrace / University of the Sciences neighborhood, 61.0% 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 16.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.4%), and 8.7% 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 Woodland Terrace / University of the Sciences neighborhood is English, spoken by 79.9% of households. Other important languages spoken here include Langs. of India, Spanish and Chinese.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Woodland Terrace / University of the Sciences neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Asian (14.7%). There are also a number of people of German ancestry (11.6%), and residents who report Irish roots (7.8%), and some of the residents are also of Italian ancestry (7.4%), along with some Sub-Saharan African ancestry residents (5.0%), among others. In addition, 15.3% of the residents of this neighborhood were born in another country.
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 Woodland Terrace / University of the Sciences neighborhood spend between 15 and 30 minutes commuting one-way to work (35.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (32.3%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.1%) and 15.8% of residents also take the train for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
