Real Estate Prices and Overview
W South St / S Parramore Ave median real estate prices are $63,024, which is less expensive than 96.5% of Florida neighborhoods
and 93.8% of all U.S. neighborhoods.
Average rental prices in W South St / S Parramore Ave are currently
$669, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 87.4% of Florida neighborhoods.
W South St / S Parramore Ave is a suburban neighborhood (based on population
density) located in Orlando, Florida.
W South St / S Parramore Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments.
Most of the residential real estate is renter occupied. Many of
the residences in the W South St / S Parramore Ave 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
W South St / S Parramore Ave. The current real estate vacancy rate here is 22.7%.
This is higher than the rate of vacancies in 88.6% 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
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.
Notable & Unique: Diversity
Did you know that the W South St / S Parramore Ave neighborhood has more
Haitian and Cuban ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.4% of
this neighborhood's residents have Haitian ancestry and 1.5% have Cuban ancestry.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the W South St / S Parramore Ave neighborhood have a highly unusual car ownership.
47.1% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.4% of U.S. neighborhoods.
Notable & Unique: People
The W South St / S Parramore Ave neighborhood stands out for having an
average per capita income lower than 97.7% of the neighborhoods
in the United States.
Also of note, 59.9% 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.
In addition, the types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 47.2%. This
is a higher percent living alone than we found in 96.6% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
Also, the W South St / S Parramore Ave neighborhood is unique for having just
4.7% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 95.9% of America's neighborhoods.
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 95.8% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, 89.1% of the real estate in the W South St / S Parramore Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The W South St / S Parramore Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 41.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.7% of America's neighborhoods.
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 W South St / S Parramore Ave neighborhood in Orlando are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 97.7% of U.S. neighborhoods.
With 59.9% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 95.3%
of U.S. neighborhoods.
The Neighbors: Occupations
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 W South St / S Parramore Ave neighborhood, 41.3%
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
manufacturing and laborer occupations, with 32.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(21.0%), and 5.4% in executive, management, and professional occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the W South St / S Parramore Ave neighborhood in Orlando, FL, residents
most commonly identify their ethnicity or ancestry as Haitia
(8.4%). There are also a number of people of Puerto Rican ancestry (3.4%) , and residents who report Norwegian roots (1.9%) , and some of the residents are also of Cuban ancestry (1.5%) . In addition, 14.4% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the W South St / S Parramore Ave
neighborhood is English, spoken by 78.7% of households. Some people also speak Spanish (11.8%).
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 W South St / S Parramore Ave neighborhood spend
between 45 minutes and one hour commuting one-way to work (49.6% of working
residents), longer and tougher than most commutes in America.
Here most residents (76.4%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (17.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.