Real Estate Prices and Overview
Median real estate prices in the City Center of Venice are $369,733, which is more expensive than 92.4% of the neighborhoods
in Florida and 85.0% of the
neighborhoods in the U.S.
Average rental prices in Venice City Center are currently
$1,068, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 58.8% of Florida neighborhoods.
Venice City Center is a suburban neighborhood (based on population
density) located in Venice, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the City Center of Venice, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Venice
City Center. The current real estate vacancy rate here is 44.3%.
This is higher than the rate of vacancies in 98.0% 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 Venice,
the City Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Venice City Center 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.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 44.3% of the residential real estate vacant, the Venice City Center neighborhood claims the distinction of having a higher vacancy rate than 98.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Venice City Center neighborhood is a fantastic
option for bicycle commuters, as 6.3% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 98.4% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Venice City Center neighborhood has more
French Canadian and Greek ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have French Canadian ancestry and 1.8% have Greek ancestry.
Venice City Center is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 98.5% 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, Venice City Center
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 95.9% of neighborhoods in
FL. If a Florida retirement is in your future, this neighborhood
should be one of the places you visit.
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 City Center neighborhood in Venice are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 61.5% of the neighborhoods in America.
In addition, 5.0% 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 75.9%
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 Venice City Center neighborhood, 51.7%
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 19.3% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.4%), and 11.6% in manufacturing and laborer occupations.
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 City Center neighborhood in Venice, FL, residents
most commonly identify their ethnicity or ancestry as German
(14.7%). There are also a number of people of English ancestry (14.0%) , and residents who report Irish roots (13.4%) , and some of the residents are also of Italian ancestry (8.2%) , along with some Scottish ancestry residents (3.4%), among others.
The Neighbors: Languages
The most common language spoken in the Venice City Center
neighborhood is English, spoken by 95.6% of households.
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 Venice City Center neighborhood spend
under 15 minutes commuting one-way to work (41.6% of working
residents), one of the shortest commutes across America.
Here most residents (87.7%) drive alone in a private automobile to get to work.
In addition, quite a number also bicycle to get to work (6.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.