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Real Estate Prices & Overview

Craft Farms median real estate price is $606,124, which is more expensive than 93.7% of the neighborhoods in Alabama and 72.8% of the neighborhoods in the U.S.

The average rental price in Craft Farms is currently $2,551, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.7% of the neighborhoods in Alabama.

Craft Farms is a rural neighborhood (based on population density) located in Gulf Shores, Alabama. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Craft Farms real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Craft Farms neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Craft Farms. The current real estate vacancy rate here is 22.8%. This is higher than the rate of vacancies in 90.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Craft Farms is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Craft Farms is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Craft Farms neighborhood. A whopping 68.8% 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 95.6% of the neighborhoods in the U.S. Everything here just feels new.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Craft Farms neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.0% of all American neighborhoods.

People

If you're planning where to retire, the Craft Farms neighborhood in Gulf Shores is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in AL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.1% of the neighborhoods in Alabama. If you are considering retiring to Alabama, this is a good neighborhood to look at.

Diversity

Did you know that the Craft Farms neighborhood has more Brazilian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Brazilian ancestry and 5.2% have Scottish ancestry.

Craft Farms is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.6% 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 Craft Farms neighborhood in Gulf Shores are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.6% of U.S. neighborhoods. With 11.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.1% 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 Craft Farms neighborhood, 40.8% 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 executive, management, and professional occupations, with 40.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.1%), and 6.5% in clerical, assistant, and tech support 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 Craft Farms neighborhood is English, spoken by 89.7% of households. Other important languages spoken here include Japanese, Italian and Spanish.

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 Craft Farms neighborhood in Gulf Shores, AL, residents most commonly identify their ethnicity or ancestry as German (19.6%). There are also a number of people of Irish ancestry (12.5%), and residents who report Italian roots (8.5%), and some of the residents are also of English ancestry (5.9%), along with some French ancestry residents (5.6%), 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 Craft Farms neighborhood spend under 15 minutes commuting one-way to work (52.9% of working residents), one of the shortest commutes across America.

Here most residents (85.8%) drive alone in a private automobile to get to work. 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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