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
$694, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 84.7% 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
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
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
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a 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 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 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
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
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.