Real Estate Prices and Overview
Golden Gate median real estate prices are $243,335, which is more expensive than 77.0% of the neighborhoods
in Florida and 69.9% of the
neighborhoods in the U.S.
Average rental prices in Golden Gate are currently
$1,034, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 63.6% of Florida neighborhoods.
Golden Gate is a suburban neighborhood (based on population
density) located in Stuart, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Golden Gate real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Golden Gate neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Golden Gate has a 17.3% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
79.5% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Stuart,
the Golden Gate neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Golden Gate is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
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 Golden Gate neighborhood in Stuart are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 40.0% of the neighborhoods in America.
With 42.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 86.0%
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 Golden Gate neighborhood, 35.6%
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 27.5% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(24.3%), and 11.8% in clerical, assistant, and tech support 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 Golden Gate neighborhood in Stuart, FL, residents
most commonly identify their ethnicity or ancestry as German
(14.8%). There are also a number of people of Mexican ancestry (9.9%) , and residents who report Italian roots (6.6%) , and some of the residents are also of English ancestry (6.3%) , along with some Irish ancestry residents (4.7%), among others. In addition, 21.3% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Golden Gate
neighborhood is English, spoken by 73.0% of households. Some people also speak Spanish (24.8%).
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 Golden Gate neighborhood spend
under 15 minutes commuting one-way to work (45.8% of working
residents), one of the shortest commutes across America.
Here most residents (76.2%) 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 (11.9%) and 5.4% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.