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 S Ocean Blvd / E Palmetto Park Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
S Ocean Blvd / E Palmetto Park Rd 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 to being coastal, S Ocean Blvd / E Palmetto Park Rd 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.
In addition, despite all of the residential real estate here in the S Ocean Blvd / E Palmetto Park Rd 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 49.9%, which is higher than 98.6% of all U.S. neighborhoods.
Furthermore, the real estate in the S Ocean Blvd / E Palmetto Park Rd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 88.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.3% of American neighborhoods.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
S Ocean Blvd / E Palmetto Park Rd neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
S Ocean Blvd / E Palmetto Park Rd community truly stands out from the rest in this regard.
In addition, if you are planning to retire in Florida, this neighborhood
should be on your must-see list. For many reasons, S Ocean Blvd / E Palmetto Park Rd
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 97.0% of neighborhoods in
FL. If a Florida retirement is in your future, this neighborhood
should be one of the places you visit.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Also, with more than 2.1% of residents living with a same sex partner,
S Ocean Blvd / E Palmetto Park Rd is truly a neighborhood that stands out from the rest in
this regard. In fact, exclusive analysis by NeighborhoodScout reveals that
this neighborhood has a greater concentration of same sex couples than
95.6% of U.S. neighborhoods.
Finally, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the S Ocean Blvd / E Palmetto Park Rd neighborhood, where 31.3% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 95.3%
of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the S Ocean Blvd / E Palmetto Park Rd neighborhood has more
Austrian and Brazilian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.9% of
this neighborhood's residents have Austrian ancestry and 1.5% have Brazilian ancestry.
S Ocean Blvd / E Palmetto Park Rd is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.3% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the S Ocean Blvd / E Palmetto Park Rd neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 18.8% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 99.3% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Occupations
The S Ocean Blvd / E Palmetto Park Rd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.0% of the neighborhoods in American. In fact, 67.1%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.