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Real Estate Prices & Overview

Terrace Village West median real estate price is $207,658, which is less expensive than 67.9% of Pennsylvania neighborhoods and 77.1% of all U.S. neighborhoods.

The average rental price in Terrace Village West is currently $1,381, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.8% of Pennsylvania neighborhoods.

Terrace Village West is an urban neighborhood (based on population density) located in Pittsburgh, Pennsylvania.

Terrace Village West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Terrace Village West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.5% in Terrace Village West. NeighborhoodScout analysis shows that this rate is lower than 56.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Pittsburgh, the Terrace Village West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Terrace Village West neighborhood has more single mother households than 99.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, one of the unique characteristics of the Terrace Village West neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.3% of the neighborhoods in America. The Terrace Village West neighborhood also has a greater percentage of children living in poverty (100.0%) than found in 99.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, neighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Terrace Village West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.3% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (31.7% ride the bus) than 99.7% 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, a unique way of commuting is simply not to. And in the Terrace Village West neighborhood, analysis shows that 33.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.4% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Occupations

The Terrace Village West neighborhood has a greater proportion of government workers living in it than 99.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Furthermore, there are more people living in the Terrace Village West neighborhood employed as sales and service workers (46.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Real Estate

If you love row houses and attached homes, you will probably really like the Terrace Village West 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, 64.5% of the residential real estate here is classified as row houses and attached homes.

In addition, 100.0% of the real estate in the Terrace Village West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Terrace Village West neighborhood. A whopping 69.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.7% of the neighborhoods in the U.S. Everything here just feels new.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Terrace Village West neighborhood buck this trend. 35.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.

Diversity

Did you know that the Terrace Village West neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.4% of this neighborhood's residents have African ancestry and 18.4% have Sub-Saharan African ancestry.

Terrace Village West is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.9% 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 Terrace Village West neighborhood in Pittsburgh are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.3% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% of U.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 Terrace Village West neighborhood, 53.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (25.5%), and 15.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Terrace Village West neighborhood is English, spoken by 96.8% of households. Some people also speak Arabic (3.2%).

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 Terrace Village West neighborhood in Pittsburgh, PA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.4%). There are also a number of people of African ancestry (18.4%), and residents who report Italian roots (12.4%), and some of the residents are also of Arab ancestry (4.8%), along with some Irish ancestry residents (4.4%), 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 Terrace Village West neighborhood spend under 15 minutes commuting one-way to work (38.5% of working residents), one of the shortest commutes across America.

Here most residents (31.7%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (20.0%) and 14.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Terrace Village West neighborhood of Pittsburgh by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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