Real Estate Prices and Overview
Ortona median real estate prices are $132,606, which is more expensive than 36.6% of the neighborhoods
in Florida and 38.5% 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 79.4% 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
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
Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Ortona neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
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
Of note is NeighborhoodScout's research finding that the
Ortona neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Ortona community truly stands out from the rest in this regard.
In addition, astoundingly, the Ortona neighborhood has one of the highest
concentrations of divorcees living here than of any neighborhood, a
higher concentration than NeighborhoodScout found in 99.3%
of U.S. neighborhoods. This may be because people living here divorce
more often than others, or that divorced people move here after they
become divorced. If you are divorced, you will be in good company in
this particular Daytona Beach neighborhood.
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
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 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
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 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.