Real Estate Prices and Overview
54th Ave N / Park St N median real estate prices are $60,138, which is less expensive than 97.1% of Florida neighborhoods
and 94.9% of all U.S. neighborhoods.
Average rental prices in 54th Ave N / Park St N are currently
$972, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 71.7% of Florida neighborhoods.
54th Ave N / Park St N is an urban neighborhood (based on population
density) located in St. Petersburg, Florida.
54th Ave N / Park St N real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes.
Most of the residential real estate is owner occupied. Many of
the residences in the 54th Ave N / Park St N neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
54th Ave N / Park St N. The current real estate vacancy rate here is 28.0%.
This is higher than the rate of vacancies in 93.0% 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 St. Petersburg,
the 54th Ave N / Park St N neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the 54th Ave N / Park St N neighborhood has more
Canadian and French Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.5% of
this neighborhood's residents have Canadian ancestry and 3.2% have French Canadian ancestry.
54th Ave N / Park St N is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 98.4% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
Our research reveals that 95.0% of commuters who live in the
54th Ave N / Park St N neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
98.1% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, the 54th Ave N / Park St N neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 60.0% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.6% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
Furthermore, the 54th Ave N / Park St N neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 86.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
The Neighbors: Income
There are two complementary 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 54th Ave N / Park St N neighborhood in St. Petersburg are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 83.5% of U.S. neighborhoods.
In addition, 8.4% 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 66.6%
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 54th Ave N / Park St N neighborhood, 31.7%
of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is
executive, management, and professional occupations, with 27.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(22.8%), and 17.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 54th Ave N / Park St N neighborhood in St. Petersburg, FL, residents
most commonly identify their ethnicity or ancestry as Irish
(17.6%). There are also a number of people of German ancestry (14.1%) , and residents who report English roots (9.2%) , and some of the residents are also of Canadian ancestry (3.5%) , along with some French Canadian ancestry residents (3.2%), among others. In addition, 11.3% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the 54th Ave N / Park St N
neighborhood is English, spoken by 86.5% of households. Other important languages spoken here include Spanish and French.
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 54th Ave N / Park St N neighborhood spend
between 15 and 30 minutes commuting one-way to work (50.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (95.0%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.