menu






Real Estate Prices & Overview

The Peninsula / Peninsula Lakes median real estate price is $432,607, which is more expensive than 62.2% of the neighborhoods in Delaware and 62.0% of the neighborhoods in the U.S.

The average rental price in The Peninsula / Peninsula Lakes is currently $1,906, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.2% of Delaware neighborhoods.

The Peninsula / Peninsula Lakes is a rural neighborhood (based on population density) located in Millsboro, Delaware. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

The Peninsula / Peninsula Lakes real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the The Peninsula / Peninsula Lakes 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 The Peninsula / Peninsula Lakes. The current real estate vacancy rate here is 26.5%. This is higher than the rate of vacancies in 92.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (23.6%). This can occur in 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. If you live here year round, 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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The The Peninsula / Peninsula Lakes 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 to being coastal, The Peninsula / Peninsula Lakes is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of. One of the notable things about The Peninsula / Peninsula Lakes is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the The Peninsula / Peninsula Lakes neighborhood. A whopping 71.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.0% of the neighborhoods in the U.S. Everything here just feels new.

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 The Peninsula / Peninsula Lakes neighborhood is a fantastic option for bicycle commuters, as 8.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.4% of the neighborhoods in America.

Diversity

Did you know that the The Peninsula / Peninsula Lakes neighborhood has more English and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.9% of this neighborhood's residents have English ancestry and 5.1% have Scottish ancestry.

The Peninsula / Peninsula Lakes is also pretty special linguistically. Significantly, 2.8% 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 99.6% of the neighborhoods in America.

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 The Peninsula / Peninsula Lakes neighborhood in Millsboro are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.3% of the neighborhoods in America. With 17.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.1% of U.S. neighborhoods.

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 The Peninsula / Peninsula Lakes neighborhood, 39.1% 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 25.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.7%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the The Peninsula / Peninsula Lakes neighborhood is English, spoken by 92.6% of households. Other important languages spoken here include Italian, Polish, Spanish and Greek.

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 The Peninsula / Peninsula Lakes neighborhood in Millsboro, DE, residents most commonly identify their ethnicity or ancestry as English (39.9%). There are also a number of people of Irish ancestry (20.9%), and residents who report German roots (14.6%), and some of the residents are also of Italian ancestry (9.4%), along with some Scottish ancestry residents (5.1%), among others.

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 The Peninsula / Peninsula Lakes neighborhood spend under 15 minutes commuting one-way to work (32.9% of working residents), one of the shortest commutes across America.

Here most residents (66.4%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (8.4%) and 5.8% 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby