West Philadelphia Information
West Philadelphia is a region stepped in history and rich culture. It is generally considered to be the section of town that extends from the western part of the Schuylkill River all the way through City Avenue in the northwest corner of Philadelphia proper. It is an area that has a well-established home market, a solidly organized school system, and provides a great opportunity to raise a family.
West Philadelphia, Pennsylvania Details
West Philadelphia has been around pretty much since the founding of America. Its population began to boom during the late 19th and early 20th centuries, however, thanks to new inventions that were continually being introduced in the North. This includes horsecars and street cars, which explains the beautiful tree lined roads that residents enjoy today. One of the largest hospitals for the Union Army during the Civil War, Satterlee Hospital, was in operation here from 1862 to 1865. That location is now home to a portion of Clark Park. This alone demonstrates the history that residents of this area enjoy at every turn.
Not surprisingly, the western part of this neighborhood contains some of the most expensive homes and land value in the entire country. This is due to the Victorian-era homes that still remain in great shape. In fact, many of the houses throughout this section of Philadelphia are row homes. This preserves the look and feel of the heritage evident throughout Pennsylvania. Some of the main housing developments date back to 1850, with most row houses having been erected by 1930. Horsecars were the mode of transportation during this era. Residents today enjoy good value for their homes and a well-established infrastructure to boot.
Things to Do
Philadelphia is a family friendly city with so much to do that you should never be bored, no matter what season of the year it might be. One popular attraction has turned into quite the photo opportunity. You will want to post with your family and friends at the statue of Rocky, and run up the very steps that made the movie and this section of the city so famous. At the same time, you might as well pay a visit to the Philadelphia Museum of Art. This is an internationally famous destination, and it is located right in your backyard.
History buffs will appreciate that the Liberty Bell is still standing strong her. This is yet another great photo opportunity, and is an ideal way to give the youngsters in the family a living civics lesson. This Liberty Bell is free to visit and it is open all year long, so that is another bonus for residents and visitors alike. As you are out and about the city, you will also want to get a famous and authentic Philly cheesesteak sandwich. You will quickly discover why people the world over continue to rave about this hearty meal. There are numerous locations throughout the area to get one, so go with an appetite and enjoy!
Freedom truly did ring in America for the first time in Philadelphia, and Independence Hall is still standing as a testament to that fact. This is a great place to take a tour and experience firsthand the location that is responsible for the drafting of the Constitution of the United States. It is open year round, but guided tours to tend to book quite quickly. Plan ahead and enjoy a special day that you are sure to remember for a lifetime.
Housing Statistics and Neighborhood Information
At the present time, the median sales prices of homes in West Philadelphia stands at just under $158,000. This equates to $137 per square foot, which is a great value for the kind of homes that are available here. The median rent is also affordable at $1,200 per month. This is up slightly from where it was a year ago. With over 342 different schools in the area, one is never very far away from an educational institution.
Roughly 45 percent of the residents in the area are single, with 57 percent of them being homeowners. The median age is 34, which creates a youthful feel to the neighborhood. The median household income is just under $35,000, with 20 percent of the residents being college educated. While the employment outlook has been sketchy in recent years, various industries are making a rebound and jobs appear to be coming back. The area has numerous parks and revitalization projects continue to take place at a breakneck pace. This is, indeed, a great place to raise a family and this contributes to a healthy rental market.
If you would like a comprehensive market analysis of your rental property in West Philadelphia, call us today to go over the details. We look forward to working with you.
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