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Real Estate Prices & Overview

Peninsula Dr / State Rte 832 median real estate price is $272,657, which is more expensive than 49.1% of the neighborhoods in Pennsylvania and 34.9% of the neighborhoods in the U.S.

The average rental price in Peninsula Dr / State Rte 832 is currently $1,318, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.5% of Pennsylvania neighborhoods.

Peninsula Dr / State Rte 832 is a rural neighborhood (based on population density) located in Erie, Pennsylvania.

Peninsula Dr / State Rte 832 real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Peninsula Dr / State Rte 832 neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Peninsula Dr / State Rte 832 has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.7% 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.

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.

Modes of Transportation

In the Peninsula Dr / State Rte 832 neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 36.3% of commuters carpool here, which is more than in 99.6% of all U.S. neighborhoods.

People

If you are planning to retire in Pennsylvania, this neighborhood should be on your must-see list. For many reasons, Peninsula Dr / State Rte 832 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 99.0% of neighborhoods in PA. If a Pennsylvania retirement is in your future, this neighborhood should be one of the places you visit.

In addition, one of the most interesting things about the Peninsula Dr / State Rte 832 neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.6% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Peninsula Dr / State Rte 832 neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.5% of its working residents employed in such fields, which is a higher proportion than 97.4% of American neighborhoods.

Diversity

Did you know that the Peninsula Dr / State Rte 832 neighborhood has more Slovak and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Slovak ancestry and 3.2% have Scots-Irish ancestry.

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 Peninsula Dr / State Rte 832 neighborhood in Erie are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.4% of U.S. neighborhoods. With 13.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.5% 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 Peninsula Dr / State Rte 832 neighborhood, 45.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 38.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.4%), and 6.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Peninsula Dr / State Rte 832 neighborhood is English, spoken by 98.1% 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 Peninsula Dr / State Rte 832 neighborhood in Erie, PA, residents most commonly identify their ethnicity or ancestry as German (32.2%). There are also a number of people of Irish ancestry (20.6%), and residents who report English roots (17.2%), and some of the residents are also of Italian ancestry (14.3%), along with some Polish ancestry residents (6.7%), among others.

Getting to Work

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 Peninsula Dr / State Rte 832 neighborhood spend between 15 and 30 minutes commuting one-way to work (64.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (36.3%) . 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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