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Real Estate in Allentown, Pennsylvania

Allentown is the county seat of Lehigh County in Pennsylvania. At the 2020 Census, the city had a population of 125,846. Allentown is the largest city in the Lehigh Valley area and the fastest-growing major city in the state. It is the third-largest city in Pennsylvania, behind Philadelphia and Pittsburgh. The rapid development and expansion have triggered a spike in real estate in Allentown, Pennsylvania.

History

History

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The city of Allentown was discovered in 1762. The town was laid out as Northampton Town and was run by William Allen in its early days. William Allen was a wealthy merchant and the former chief justice of Pennsylvania. He is one of the city's earliest settlers and helped discover it. Being a member of the Penn family, Allen became agitated and decided to start his own town. Allentown's original plan compromised 42 city blocks and 756 small sections. Most of the buildings were 230 feet in depth and 60 feet in width. The town center was between the present-day Tenth and Fourth Streets and Liberty and Union Streets. Most of the streets in the original town plan were named after Allen's children. After the American Revolution, Allentown continued to grow tremendously and became the region's economic hub. In 1782, the city had over 59 houses and hundreds of cows owned by city dwellers. By the mid-1960s, the city's economy had been on a rising spiral for almost a century. However, the inability to expand the city and rising taxes threatened the city's population, with a significant number migrating to other towns outside the city. This led to the establishment of major towns near the city, like Whitehall and South Whitehall. Both of these towns benefited from the migration of people from Allentown. They became prime locations for real estate projects in the area. In the early 2000s and 2010s, Allentown regained its status as a top economic hub in Pennsylvania. At this time, its economy largely consisted of manufacturing and service industries. The city's warehousing and transportation industries have also contributed significantly to its economy. This has increased the demand for real estate for sale in Allentown, Pennsylvania.

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Things to do in Allentown

Things to do in Allentown

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Allentown is the third-largest city in Pennsylvania and the biggest in Lehigh County. Once atop an industrial hub near New York and Philadelphia, Allentown has reinvented itself to become a top attraction in Pennsylvania. You can do and see many fun things in the city, making it an ideal place to settle.
One of the best places to visit is the Lehigh Valley Heritage Center. If you want to learn the region's history, this is the place to be. The facility focuses on Pennsylvania's history and serves as the city's historical society. While here, you can learn about the industries and people that impacted the state and the world at large. Whether you grew up in Pennsylvania or just bought real estate for sale in Allentown, Pennsylvania, this museum offers an excellent historical overview of the region.
The Allentown Art Museum is an excellent place for art lovers. As much as it might sound like this facility focuses only on local art, it showcases some of the best pieces from different parts of the county. The art museum only purchases pieces that meet the highest standards possible. It has a 13,000-item collection filled with unique pieces, some of them dating back thousands of years. The pieces also represent the cultures and styles of people from different parts of the world. While here, you will enjoy the great collection of Baroque and Renaissance sculptures and paintings.
The Lehigh Valley Zoo is another top attraction in Allentown, Pennsylvania. Located north of the city, this is a great place for animal lovers. The 29-acre facility is surrounded by the Trexler Nature Preserve, which was founded in 1906. The zoo is home to over 360 animals from 130 different species. Some of the animals in the zoo include crocodiles, giraffes, and kangaroos. The numerous attractions in the city make it profitable to invest in real estate in Allentown, Pennsylvania.

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Unreal real estate in Allentown, PA

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Location

Map showing Allentown

Location

According to the United States Census Bureau, Allentown covers an area of 46.7 square kilometers. Out of this area, 46.2 square kilometers are land, while 0.6 square kilometers is water. Some of the water bodies within Allentown include Little Lehigh Creek, Jordan Creek, and the Lehigh River. Lake Muhlenberg, which is on the Cedar Creek Parkway, is one of the primary water sources in Allentown. The city's central business district is known as Center City, and it includes the 7th Street residential and retail corridor and the downtown area. This area also hosts several counties and federal government offices. The neighborhoods on the south side of the city are Little Lehigh Creek and South of Center City. The neighborhoods also border Emmaus. Allentown's west end begins approximately west of 15th Street and cuts across the city. It has a mix of cultural centers, commercial corridors, and several single-family homes.

Allentown demographics

Allentown demographics

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At the 2020 U.S. Census, Allentown had a population of 106,635. There were also 25,136 families in the city. Allentown's population density was 2,320.9 inhabitants per square kilometer. The city had a total of 45,966 housing units with an average density of 1,000.5 per square kilometer. The racial makeup in Allentown was 72.45% White, 7.95% Black or African American, 2.25% Asian, 0.35% Native American, and 0.05% Pacific Islander. About 24.55% of the population were people of Latino or Hispanic origin.
Allentown had 42,034 households, out of which 28.9% had children aged under 18 years living there. About 39.5% had married couples living together, with 15.7% having female householders with no husbands present. About 40.3% of the households had non-families, with 33.2% made up of individuals. 12.9% of the households had a person aged above 65 years living there. Allentown's average family size was 3.12, and the average household size was 2.45.
Being one of the largest cities in Pennsylvania, Allentown has a thriving economy and industry. Historically, its economy has been used in manufacturing. However, recent developments saw it turn into a more service-oriented economy. This was triggered by the significant decline of the Rust Belt in the 1980s. Allentown is home to some of the most established companies in the country, including Talen Energy and Air Products & Chemicals. The presence of several companies in the city means there are many employment opportunities. The city's largest employer is Lehigh Health Network, with over 7,900 employees. The thriving local economy makes it a good idea to invest in real estate in Allentown, Pennsylvania.

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Arts in Allentown

Arts in Allentown

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Allentown has a lot to offer when it comes to arts and entertainment. The Allentown Symphony Orchestra, one of the best orchestra groups in the state, performs at the Miller Symphony Hall located within the city. Allentown is also home to the Allentown Band, one of the oldest concert bands in the country. There is also a unique blend of music traditions, with various live performances in the city venues. If you enjoy live music performances and art exhibitions, West Park is the place to be.
Some of the best musical groups regularly perform here, including the Municipal Band of Allentown, the Allentown Band, and the Pioneer Band of Allentown. Youth Education in the Arts has its headwaters in Allentown. In addition, Allentown's J.Birney Crum Stadium hosts the Drum Corps Eastern Classic, an international event that brings together some of the bugle and drum corps in the world. The event is one of the most attended in the state, attracting thousands of participants across the globe.

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Schools in Allentown

Schools in Allentown

The Allentown School District serves all public schools in the city. The Parkland School District serves a small portion of the city near Trexler Park. Allentown has two main public schools, Louis E. Dieruff High School, which serves students from the northern and eastern parts, and William Allen High School, which serves students from the western and southern parts of the city. Both of these high schools compete athletically in the East Penn Conference. In addition, both high schools play their home football matches at the J. Birney Crum Stadium. Some of the other schools in the area include the Allentown School Virtual Academy and Midway Manor. The presence of several schooling options has increased the stakes for real estate in Allentown, Pennsylvania. Furthermore, Allentown has several institutions of higher learning. Even though most of them are branches of other universities based elsewhere, they provide a great opportunity for those looking to get university degrees.

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Why Allentown?

Why Allentown?

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Allentown is one of the best places to settle in Pennsylvania. It is a good idea to invest in real estate in Allentown, Pennsylvania, given the great potential for high returns. The city's increasing population is great for real estate investment, with the demand for homes increasing. Besides, there is a lot you can do in Allentown, whether it is touring great attractions or watching live performances in theaters. Those looking for employment opportunities will have numerous opportunities from the several established companies in Allentown. You will enjoy the rich history and diverse culture in the city.

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