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Real Estate Prices & Overview

Silver Springs Shores Southeast median real estate price is $191,570, which is less expensive than 85.4% of Florida neighborhoods and 80.5% of all U.S. neighborhoods.

The average rental price in Silver Springs Shores Southeast is currently $1,710, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.9% of Florida neighborhoods.

Silver Springs Shores Southeast is a rural neighborhood (based on population density) located in Ocala, Florida.

Silver Springs Shores Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Silver Springs Shores Southeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Silver Springs Shores Southeast has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.0% 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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Silver Springs Shores Southeast neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.5% of all neighborhoods in America, with 31.3% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

If you're nearing retirement age, or in retirement, the Silver Springs Shores Southeast is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.9% of retiree-friendly neighborhoods in Florida, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Florida.

Diversity

Did you know that the Silver Springs Shores Southeast neighborhood has more Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Lithuanian ancestry.

The Neighbors

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 Silver Springs Shores Southeast neighborhood in Ocala are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.6% of U.S. neighborhoods. With 14.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.8% 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 Silver Springs Shores Southeast neighborhood, 41.2% 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 executive, management, and professional occupations, with 38.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.8%), and 6.1% 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 Silver Springs Shores Southeast neighborhood is English, spoken by 87.4% of households. Other important languages spoken here include Italian, Chinese and Spanish.

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 Silver Springs Shores Southeast neighborhood in Ocala, FL, residents most commonly identify their ethnicity or ancestry as English (17.3%). There are also a number of people of German ancestry (16.9%), and residents who report Irish roots (12.9%), and some of the residents are also of Italian ancestry (9.3%), along with some Asian ancestry residents (5.7%), among others. In addition, 10.1% of the residents of this neighborhood were born in another country.

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 Silver Springs Shores Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (63.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.7%) 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 (9.2%) . 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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