Grand Palm / Myakka River Trails median real estate price is $700,855, which is more expensive than 82.0% of the neighborhoods in Florida and 80.2% of the neighborhoods in the U.S.
The average rental price in Grand Palm / Myakka River Trails is currently $3,613, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.5% of the neighborhoods in Florida.
Grand Palm / Myakka River Trails is a suburban neighborhood (based on population density) located in Venice, Florida.
Grand Palm / Myakka River Trails real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Grand Palm / Myakka River Trails neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Grand Palm / Myakka River Trails has a 14.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.4% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (13.4%), 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
In a nation where 1 out of every 4 children lives in poverty, the Grand Palm / Myakka River Trails neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Grand Palm / Myakka River Trails neighborhood may actually hold the key. 72.7% of its residents are married, which is a higher percentage than is found in 98.1% of the neighborhoods in America.
Also, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Grand Palm / Myakka River Trails 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 Florida, 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 97.8% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Grand Palm / Myakka River Trails neighborhood. A whopping 86.0% 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 98.2% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Grand Palm / Myakka River Trails neighborhood could be your paradise. With 25.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In the Grand Palm / Myakka River Trails neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Did you know that the Grand Palm / Myakka River Trails neighborhood has more Canadian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Canadian ancestry and 1.0% have Lebanese ancestry.
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 Grand Palm / Myakka River Trails neighborhood in Venice are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 86.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Grand Palm / Myakka River Trails neighborhood, 61.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (11.8%), and 8.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Grand Palm / Myakka River Trails neighborhood is English, spoken by 95.8% of households. Some people also speak Chinese (2.6%).
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 Grand Palm / Myakka River Trails neighborhood in Venice, FL, residents most commonly identify their ethnicity or ancestry as Irish (20.8%). There are also a number of people of German ancestry (16.8%), and residents who report Italian roots (16.7%), and some of the residents are also of English ancestry (13.1%), along with some Polish ancestry residents (8.8%), among others.
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 Grand Palm / Myakka River Trails neighborhood spend between 15 and 30 minutes commuting one-way to work (44.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.4%) 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.