Colonnade At Glen Oaks / Lynn University median real estate price is $997,537, which is more expensive than 94.8% of the neighborhoods in Florida and 93.4% of the neighborhoods in the U.S.
The average rental price in Colonnade At Glen Oaks / Lynn University is currently $5,191, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.3% of the neighborhoods in Florida.
Colonnade At Glen Oaks / Lynn University is a suburban neighborhood (based on population density) located in Boca Raton, Florida.
Colonnade At Glen Oaks / Lynn University real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Colonnade At Glen Oaks / Lynn University neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Colonnade At Glen Oaks / Lynn University, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Colonnade At Glen Oaks / Lynn University is very tight compared to the demand for property here.
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 Boca Raton, the Colonnade At Glen Oaks / Lynn University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Most neighborhoods are composed of a mixture of ages of homes, but the Colonnade At Glen Oaks / Lynn University stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 97.8% of the residential real estate here was built in this one time period.
In addition, one way that the Colonnade At Glen Oaks / Lynn University neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
A majority of the adults in the Colonnade At Glen Oaks / Lynn University neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Florida by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.4% of the neighborhoods in Florida. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 43.0% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.0% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Also, there is an especially high percentage of incarcerated people (1.0%) living in the Colonnade At Glen Oaks / Lynn University neighborhood.
Did you know that the Colonnade At Glen Oaks / Lynn University neighborhood has more Canadian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Canadian ancestry and 4.1% have Hungarian ancestry.
Colonnade At Glen Oaks / Lynn University is also pretty special linguistically. Significantly, 4.6% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
There are two complementary 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 Colonnade At Glen Oaks / Lynn University neighborhood in Boca Raton are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.6% of the neighborhoods in America. In addition, 3.1% 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 71.7% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Colonnade At Glen Oaks / Lynn University neighborhood, 61.5% 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 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.5%), and 5.2% in manufacturing and laborer occupations.
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 Colonnade At Glen Oaks / Lynn University neighborhood is English, spoken by 72.9% of households. Other important languages spoken here include Spanish, Persian and French.
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 Colonnade At Glen Oaks / Lynn University neighborhood in Boca Raton, FL, residents most commonly identify their ethnicity or ancestry as Italian (14.2%). There are also a number of people of Irish ancestry (11.1%), and residents who report German roots (10.4%), and some of the residents are also of South American ancestry (8.5%), along with some Polish ancestry residents (8.4%), among others. In addition, 19.0% of the residents of this neighborhood were born in another country.
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 Colonnade At Glen Oaks / Lynn University neighborhood spend under 15 minutes commuting one-way to work (39.4% of working residents), one of the shortest commutes across America.
Here most residents (76.5%) 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.