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Real Estate Prices & Overview

Laurelwood Dr / Bayberry Dr median real estate price is $295,496, which is less expensive than 75.0% of Florida neighborhoods and 62.7% of all U.S. neighborhoods.

The average rental price in Laurelwood Dr / Bayberry Dr is currently $3,549, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in Florida.

Laurelwood Dr / Bayberry Dr is a suburban neighborhood (based on population density) located in Clearwater, Florida.

Laurelwood Dr / Bayberry Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Laurelwood Dr / Bayberry Dr 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.

Laurelwood Dr / Bayberry Dr has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.5% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.6%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Clearwater, the Laurelwood Dr / Bayberry Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Laurelwood Dr / Bayberry Dr 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 Laurelwood Dr / Bayberry Dr 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, Laurelwood Dr / Bayberry Dr 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 98.8% 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 first-time home buyers.

Real Estate

The Laurelwood Dr / Bayberry Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Laurelwood Dr / Bayberry Dr neighborhood has more Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Czechoslovakian ancestry.

Laurelwood Dr / Bayberry Dr is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Laurelwood Dr / Bayberry Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Laurelwood Dr / Bayberry Dr neighborhood in Clearwater are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.2% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Laurelwood Dr / Bayberry Dr neighborhood, 51.2% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 4.3% 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 Laurelwood Dr / Bayberry Dr neighborhood is English, spoken by 76.6% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

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 Laurelwood Dr / Bayberry Dr neighborhood in Clearwater, FL, residents most commonly identify their ethnicity or ancestry as Irish (20.5%). There are also a number of people of German ancestry (17.9%), and residents who report Mexican roots (12.8%), and some of the residents are also of Italian ancestry (10.3%), along with some English ancestry residents (9.5%), among others. In addition, 17.5% 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 Laurelwood Dr / Bayberry Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (42.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.3%) drive alone in a private automobile to get to work. 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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