Real Estate Prices and Overview
Ortona median real estate prices are $132,606, which is more expensive than 36.8% of the neighborhoods
in Florida and 38.7% of the
neighborhoods in the U.S.
Average rental prices in Ortona are currently
$895, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 78.4% of Florida neighborhoods.
Ortona is a suburban neighborhood (based on population
density) located in Daytona Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Ortona real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Ortona neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Ortona. The current real estate vacancy rate here is 39.9%.
This is higher than the rate of vacancies in 97.3% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as 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.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Daytona Beach,
the Ortona neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Ortona 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, despite all of the residential real estate here in the Ortona neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.9%, which is higher than 97.3% of all U.S. neighborhoods.
Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the
Ortona neighborhood stands out as being ranked among
the lowest 0.1% of neighborhoods affected by this global
Notable & Unique: Diversity
Did you know that the Ortona neighborhood has more
British and Romanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have British ancestry and 0.8% have Romanian ancestry.
Ortona is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 98.5% of the neighborhoods in America.
The Neighbors: Income
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 Ortona neighborhood in Daytona Beach are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 67.0% of U.S. neighborhoods.
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 99.9%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Ortona neighborhood, 31.3%
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 28.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(21.9%), and 18.5% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Ortona neighborhood in Daytona Beach, FL, residents
most commonly identify their ethnicity or ancestry as Irish
(12.2%). There are also a number of people of German ancestry (8.0%) , and residents who report Polish roots (7.8%) , and some of the residents are also of Italian ancestry (7.8%) , along with some English ancestry residents (7.0%), among others. In addition, 12.7% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Ortona
neighborhood is English, spoken by 86.7% of households.
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 Ortona neighborhood spend
between 15 and 30 minutes commuting one-way to work (47.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (82.4%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (6.1%) and 5.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.