Real Estate Prices and Overview
W South St / S Parramore Ave median real estate prices are $106,150, which is less expensive than 77.6% of Florida neighborhoods
and 73.0% of all U.S. neighborhoods.
Average rental prices in W South St / S Parramore Ave are currently
$790, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 88.5% 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
American households most often have a car, and regularly they have two or
three. But households in the W South St / S Parramore Ave neighborhood buck
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.
The W South St / S Parramore Ave neighborhood also has a greater percentage
of children living in poverty (59.9%) than found in
95.3% of all U.S. neighborhoods. Children living in poverty
is one of the challenges facing America, and the world, and in this
neighborhood in particular, the problem can be considered acute.
In addition, one of the most interesting things about the W South St / S Parramore Ave
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 47.2% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
96.6% of the neighborhoods in America.
Also, neighborhoodScout's exclusive research revealed that 95.3%
of the adult residents in the W South St / S Parramore Ave neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 95.9% of the neighborhoods in America.
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, renter-occupied real estate is dominant in the W South St / S Parramore Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.1%, which is higher than 96.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
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
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 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.