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Real Estate Prices & Overview

Ridgeway Estates / Hancock Creek South Center median real estate price is $356,938, which is less expensive than 59.9% of Florida neighborhoods and 49.7% of all U.S. neighborhoods.

The average rental price in Ridgeway Estates / Hancock Creek South Center is currently $1,595, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.9% of Florida neighborhoods.

Ridgeway Estates / Hancock Creek South Center is a suburban neighborhood (based on population density) located in Cape Coral, Florida.

Ridgeway Estates / Hancock Creek South Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Ridgeway Estates / Hancock Creek South Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Ridgeway Estates / Hancock Creek South Center has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Cape Coral, the Ridgeway Estates / Hancock Creek South Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Divorcees may find friendship and understanding in this neighborhood, as 20.9% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.6% of the neighborhoods in America.

Diversity

Did you know that the Ridgeway Estates / Hancock Creek South Center neighborhood has more Swiss and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Swiss ancestry and 9.3% have Dominican ancestry.

The Neighbors

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 Ridgeway Estates / Hancock Creek South Center neighborhood in Cape Coral are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.4% of U.S. neighborhoods. With 27.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.6% of U.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 Ridgeway Estates / Hancock Creek South Center neighborhood, 31.4% 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 31.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.9%), and 17.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Ridgeway Estates / Hancock Creek South Center neighborhood is English, spoken by 73.3% of households. Some people also speak Spanish (25.3%).

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 Ridgeway Estates / Hancock Creek South Center neighborhood in Cape Coral, FL, residents most commonly identify their ethnicity or ancestry as Italian (12.9%). There are also a number of people of German ancestry (11.9%), and residents who report English roots (9.8%), and some of the residents are also of Irish ancestry (9.7%), along with some Dominican ancestry residents (9.3%), among others. In addition, 14.1% of the residents of this neighborhood were born in another country.

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 Ridgeway Estates / Hancock Creek South Center neighborhood spend between 15 and 30 minutes commuting one-way to work (46.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.6%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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