Real Estate Prices and Overview
Lorida / Cornwell median real estate prices are $121,526, which is less expensive than 69.2% of Florida neighborhoods
and 65.9% of all U.S. neighborhoods.
Average rental prices in Lorida / Cornwell are currently
$698, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 93.2% of Florida neighborhoods.
Lorida / Cornwell is a rural neighborhood (based on population
density) located in Sebring, Florida.
Lorida / Cornwell real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Lorida / Cornwell 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
Lorida / Cornwell. The current real estate vacancy rate here is 33.6%.
This is higher than the rate of vacancies in 95.6% 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
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
Did you know that the Lorida / Cornwell neighborhood has more
English and Cuban ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 22.6% of
this neighborhood's residents have English ancestry and 2.2% have Cuban ancestry.
Notable & Unique: Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 39.96 residents per square mile, Lorida / Cornwell is less crowded than 91.1% of all U.S. neighborhoods. One of the notable things about Lorida / Cornwell is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, despite all of the residential real estate here in the Lorida / Cornwell 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 33.6%, which is higher than 95.6% of all U.S. neighborhoods.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Lorida / Cornwell stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.0% of the residential real estate here was built in this one time period.
Notable & Unique: Occupations
Each year, fewer and fewer Americans make their living as farmers, foresters,
or fishers. But the Lorida / Cornwell neighborhood truly stands
out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis,
this neighborhood has a greater proportion of farmers, foresters, or fishers
than 98.1% of all American neighborhoods. This is truly a unique
cultural characteristic of this neighborhood.
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 Lorida / Cornwell neighborhood in Sebring are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 68.7% of U.S. neighborhoods.
With 16.9% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 52.7%
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 Lorida / Cornwell neighborhood, 34.9%
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 27.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(16.1%), and 13.8% 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 Lorida / Cornwell neighborhood in Sebring, FL, residents
most commonly identify their ethnicity or ancestry as English
(22.6%). There are also a number of people of German ancestry (11.5%) , and residents who report Irish roots (7.7%) , and some of the residents are also of Puerto Rican ancestry (5.5%) , along with some Mexican ancestry residents (4.1%), among others.
The Neighbors: Languages
The most common language spoken in the Lorida / Cornwell
neighborhood is English, spoken by 83.5% of households. Some people also speak Spanish (15.5%).
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 Lorida / Cornwell neighborhood spend
between 15 and 30 minutes commuting one-way to work (47.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.9%) 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 (16.9%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.