Real Estate Prices and Overview
Playland Estates median real estate prices are $59,051, which is less expensive than 97.2% of Florida neighborhoods
and 95.2% of all U.S. neighborhoods.
Average rental prices in Playland Estates are currently
$1,316, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.0%
of the neighborhoods in Florida.
Playland Estates is an urban neighborhood (based on population
density) located in Hollywood, Florida.
Playland Estates real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile 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 Playland Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Playland Estates. The current real estate vacancy rate here is 31.0%.
This is higher than the rate of vacancies in 94.6% 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: Diversity
Did you know that the Playland Estates neighborhood has more
Cuban and Jamaican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.8% of
this neighborhood's residents have Cuban ancestry and 5.2% have Jamaican ancestry.
Playland Estates is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, the real estate in this neighborhood consists of more mobile homes than 98.9% of all neighborhoods in America, with 47.1% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
The Neighbors: Income
There are two complimentary 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 Playland Estates neighborhood in Hollywood are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 74.7% of U.S. neighborhoods.
In addition, 14.9% 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 51.4%
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 Playland Estates neighborhood, 40.3%
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 31.3% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(15.4%), and 13.0% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Playland Estates neighborhood in Hollywood, FL, residents
most commonly identify their ethnicity or ancestry as South American
(10.1%). There are also a number of people of Puerto Rican ancestry (8.5%) , and residents who report Italian roots (8.3%) , and some of the residents are also of Cuban ancestry (5.8%) , along with some Irish ancestry residents (5.4%), among others. In addition, 32.7% of the residents of this neighborhood were born in another country.
The Neighbors: 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 Playland Estates
neighborhood is English, spoken by 67.2% of households. Other important languages spoken here include Spanish and French.
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 Playland Estates neighborhood spend
between 15 and 30 minutes commuting one-way to work (36.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.2%) 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 (8.0%) and 5.9% 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.