Real Estate Prices and Overview
Palmetto Bluff median real estate prices are $150,542, which is more expensive than 72.5% of the neighborhoods
in South Carolina and 46.1% of the
neighborhoods in the U.S.
Average rental prices in Palmetto Bluff are currently
unreported, based on NeighborhoodScout's exclusive analysis.
Palmetto Bluff is a rural neighborhood (based on population
density) located in Bluffton, South Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Palmetto Bluff real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Palmetto Bluff neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Palmetto Bluff. The current real estate vacancy rate here is 37.0%.
This is higher than the rate of vacancies in 96.7% 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 Bluffton,
the Palmetto Bluff neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Unpopulated, and rural, the Palmetto Bluff neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 94.0% of the neighborhoods in America. Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Palmetto Bluff neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
In addition, homes built from 2000 through today make up a higher proportion of the Palmetto Bluff neighborhood's real estate landscape than 98.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 66.1% of the residential real estate here is classified as newer.
Furthermore, owner-occupied real estate dominates the Palmetto Bluff neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.0% of neighborhoods in America. Despite all of the residential real estate here in the Palmetto Bluff neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 37.0%, which is higher than 96.7% of all U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Palmetto Bluff neighborhood has more
English and Sub-Saharan African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 22.2% of
this neighborhood's residents have English ancestry and 11.6% have Sub-Saharan African ancestry.
Palmetto Bluff is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 95.5% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
More people in Palmetto Bluff choose to walk to work each day
(12.7%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
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 Palmetto Bluff neighborhood in Bluffton are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 55.2% of the neighborhoods in America.
In addition, 9.0% 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 65.1%
of America's neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Palmetto Bluff neighborhood, 45.2%
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 34.8% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(16.2%), and 3.8% 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 Palmetto Bluff neighborhood in Bluffton, SC, residents
most commonly identify their ethnicity or ancestry as English
(22.2%). There are also a number of people of Sub-Saharan African ancestry (11.6%) , and residents who report Mexican roots (8.1%) , and some of the residents are also of German ancestry (4.2%) , along with some Irish ancestry residents (3.1%), among others.
The Neighbors: Languages
The most common language spoken in the Palmetto Bluff
neighborhood is English, spoken by 90.4% of households. Some people also speak Spanish (7.3%).
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 Palmetto Bluff neighborhood spend
between 30 and 45 minutes commuting one-way to work (32.7% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (80.7%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (12.7%) and 6.5% of residents also carpool with coworkers, friends, or neighbors 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.