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Real Estate Prices & Overview

Buenaventura Lakes median real estate price is $329,090, which is less expensive than 65.2% of Florida neighborhoods and 52.9% of all U.S. neighborhoods.

The average rental price in Buenaventura Lakes is currently $2,746, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.3% of Florida neighborhoods.

Buenaventura Lakes is an urban neighborhood (based on population density) located in Kissimmee, Florida.

Buenaventura Lakes 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 Buenaventura Lakes neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Buenaventura Lakes has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.5%), 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.

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 get around.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Buenaventura Lakes stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.7% of the residential real estate here was built in this one time period.

People

Of note, 61.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Buenaventura Lakes neighborhood has more Puerto Rican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.1% of this neighborhood's residents have Puerto Rican ancestry and 15.4% have South American ancestry.

Buenaventura Lakes is also pretty special linguistically. Significantly, 66.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.9% of all U.S. neighborhoods.

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 Buenaventura Lakes neighborhood in Kissimmee are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.2% of U.S. neighborhoods. With 61.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.2% of U.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 Buenaventura Lakes neighborhood, 34.4% of the working population is employed in manufacturing and laborer 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 33.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.4%), and 6.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Buenaventura Lakes neighborhood is Spanish, spoken by 66.6% of households. Some people also speak English (31.8%).

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 Buenaventura Lakes neighborhood in Kissimmee, FL, residents most commonly identify their ethnicity or ancestry as Puerto Rican (46.1%). There are also a number of people of South American ancestry (15.4%), and residents who report Dominican roots (5.9%), and some of the residents are also of Italian ancestry (5.0%), along with some Irish ancestry residents (4.2%), among others. In addition, 22.9% of the residents of this neighborhood were born in another country.

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 Buenaventura Lakes neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.0%) 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 (11.8%) . 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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