Real Estate Prices and Overview
Eastgate median real estate prices are $129,480, which is more expensive than 34.9% of the neighborhoods
in Florida and 37.4% of the
neighborhoods in the U.S.
Average rental prices in Eastgate are currently
$917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 59.8% of Florida neighborhoods.
Eastgate is a suburban neighborhood (based on population
density) located in Venice, Florida.
Eastgate real estate 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 occupied by a mixture of owners and renters. Many of
the residences in the Eastgate 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
Eastgate. The current real estate vacancy rate here is 29.7%.
This is higher than the rate of vacancies in 94.0% 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
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.
Notable & Unique: Diversity
Did you know that the Eastgate neighborhood has more
Welsh and Lithuanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.1% of
this neighborhood's residents have Welsh ancestry and 1.2% have Lithuanian ancestry.
Notable & Unique: People
If you're nearing retirement age, or in retirement, the
Eastgate neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 9.6% of retiree-friendly
neighborhoods in Florida, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in Florida.
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 Eastgate neighborhood in Venice are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 73.5% of U.S. neighborhoods.
In addition, 12.4% 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 56.9%
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 Eastgate neighborhood, 34.8%
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 30.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.6%), and 13.8% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Eastgate neighborhood in Venice, FL, residents
most commonly identify their ethnicity or ancestry as German
(15.5%). There are also a number of people of Irish ancestry (10.4%) , and residents who report English roots (9.8%) , and some of the residents are also of Italian ancestry (5.3%) , along with some French ancestry residents (5.1%), among others.
The Neighbors: Languages
The most common language spoken in the Eastgate
neighborhood is English, spoken by 92.2% of households. Some people also speak Spanish (3.9%).
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 Eastgate neighborhood spend
under 15 minutes commuting one-way to work (46.6% of working
residents), one of the shortest commutes across America.
Here most residents (89.5%) 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 (5.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.