Real Estate Prices and Overview
Rotonda median real estate prices are $165,094, which is more expensive than 54.6% of the neighborhoods
in Florida and 51.6% 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 88.6% 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
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Rotonda West,
the Rotonda neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 45.6% of the residential real estate vacant, the Rotonda neighborhood claims the distinction of having a higher vacancy rate than 98.1% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
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
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 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
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 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.