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Real Estate Prices & Overview

Forest Oaks East median real estate price is $279,336, which is less expensive than 77.4% of Florida neighborhoods and 63.9% of all U.S. neighborhoods.

The average rental price in Forest Oaks East is currently $2,567, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.4% of Florida neighborhoods.

Forest Oaks East is a suburban neighborhood (based on population density) located in Spring Hill, Florida.

Forest Oaks East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Forest Oaks East 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.

Forest Oaks East has a 10.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.8% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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.

Diversity

Did you know that the Forest Oaks East neighborhood has more Greek and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Greek ancestry and 15.8% have Puerto Rican 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 Forest Oaks East neighborhood in Spring Hill are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.6% 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 59.9% 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 Forest Oaks East neighborhood, 27.7% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.3%), and 19.5% 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 Forest Oaks East neighborhood is English, spoken by 78.7% of households. Other important languages spoken here include Spanish and Polish.

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 Forest Oaks East neighborhood in Spring Hill, FL, residents most commonly identify their ethnicity or ancestry as Puerto Rican (15.8%). There are also a number of people of Irish ancestry (14.7%), and residents who report German roots (11.4%), and some of the residents are also of Italian ancestry (9.1%), along with some English ancestry residents (7.0%), 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 Forest Oaks East neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.9%) 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 (21.3%) . 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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