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Real Estate Prices & Overview

Oakwood Terrace / Bent Tree median real estate price is $90,398, which is less expensive than 98.0% of Florida neighborhoods and 96.1% of all U.S. neighborhoods.

The average rental price in Oakwood Terrace / Bent Tree is currently $2,717, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.3% of Florida neighborhoods.

Oakwood Terrace / Bent Tree is a suburban neighborhood (based on population density) located in Valrico, Florida.

Oakwood Terrace / Bent Tree 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 Oakwood Terrace / Bent Tree 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.

Oakwood Terrace / Bent Tree has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

Real Estate

The Oakwood Terrace / Bent Tree neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 52.0% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.2% 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.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Oakwood Terrace / Bent Tree 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.

People

With more than 1.9% of residents living with a same sex partner, Oakwood Terrace / Bent Tree is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.5% of U.S. neighborhoods.

In addition, the Oakwood Terrace / Bent Tree neighborhood stands out within Florida for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.1% of college-friendly places to live in FL.

Diversity

Did you know that the Oakwood Terrace / Bent Tree neighborhood has more Dominican and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Dominican ancestry and 0.9% have Brazilian ancestry.

The Neighbors

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 Oakwood Terrace / Bent Tree neighborhood in Valrico are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.4% of U.S. neighborhoods. With 14.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.9% of U.S. neighborhoods.

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 Oakwood Terrace / Bent Tree neighborhood, 37.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.0%), and 13.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oakwood Terrace / Bent Tree neighborhood is English, spoken by 71.4% of households. Some people also speak Spanish (26.5%).

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 Oakwood Terrace / Bent Tree neighborhood in Valrico, FL, residents most commonly identify their ethnicity or ancestry as Italian (9.6%). There are also a number of people of Irish ancestry (9.4%), and residents who report German roots (9.2%), and some of the residents are also of Mexican ancestry (6.9%), along with some Puerto Rican ancestry residents (6.6%), among others. In addition, 16.4% of the residents of this neighborhood were born in another country.

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 Oakwood Terrace / Bent Tree neighborhood spend between 30 and 45 minutes commuting one-way to work (34.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.9%) 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.


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