Real Estate Prices and Overview
Rotonda median real estate prices are $165,094, which is more expensive than 54.4% of the neighborhoods
in Florida and 51.5% of the
neighborhoods in the U.S.
Average rental prices in Rotonda are currently
$776, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 89.7% of Florida neighborhoods.
Rotonda is a suburban neighborhood (based on population
density) located in Rotonda West, Florida.
Rotonda real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Rotonda 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.
Vacant apartments or homes are a major fact of life in
Rotonda. The current real estate vacancy rate here is 45.6%.
This is higher than the rate of vacancies in 98.1% 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
Significantly, 4.9% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: People
If you are planning to retire in Florida, this neighborhood
should be on your must-see list. For many reasons, Rotonda
may be considered a retiree's dream neighborhood. According to NeighborhoodScout's
exclusive analysis and metrics, it's peaceful and quiet, has above
average safety from crime compared to other neighborhoods in Florida,
while also offering a diverse range of housing options. This, along with
the vibrant mix of very educated seniors and other age groups who choose
to live here, makes the neighborhood more
retiree-friendly than 97.3% of neighborhoods in
FL. If a Florida retirement is in your future, this neighborhood
should be one of the places you visit.
Notable & Unique: Real Estate
In addition, despite all of the residential real estate here in the Rotonda 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 45.6%, which is higher than 98.1% of all U.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 Rotonda neighborhood in Rotonda West are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 64.4% of U.S. neighborhoods.
In addition, 2.5% 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 83.3%
of America'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 Rotonda neighborhood, 39.7%
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 30.6% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(16.2%), and 12.5% in manufacturing and laborer 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 Rotonda neighborhood in Rotonda West, FL, residents
most commonly identify their ethnicity or ancestry as German
(15.1%). There are also a number of people of Irish ancestry (14.9%) , and residents who report English roots (11.2%) , and some of the residents are also of Italian ancestry (3.9%) , along with some French ancestry residents (3.4%), among others.
The Neighbors: Languages
The most common language spoken in the Rotonda
neighborhood is English, spoken by 92.5% of households. Some people also speak German (4.9%).
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 Rotonda neighborhood spend
under 15 minutes commuting one-way to work (36.6% of working
residents), one of the shortest commutes across America.
Here most residents (79.6%) 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 (13.9%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.