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.
Notable & Unique: Diversity
Did you know that the Riverside Dr / Coral Ridge Dr neighborhood has more
Eastern European and Haitian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.5% of
this neighborhood's residents have Eastern European ancestry and 4.0% have Haitian ancestry.
Riverside Dr / Coral Ridge Dr is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 97.9% of the neighborhoods in America.
Notable & Unique: People
A majority of the adults in the Riverside Dr / Coral Ridge Dr 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 97.4%
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.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Riverside Dr / Coral Ridge Dr neighborhood stands out by having 93.9% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 96.1% of all American
Notable & Unique: Real Estate
In addition, real estate in the Riverside Dr / Coral Ridge Dr neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.4% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Riverside Dr / Coral Ridge Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Riverside Dr / Coral Ridge Dr 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, 96.0% of the residential real estate here was built in this one time period.
Also of note, one way that the Riverside Dr / Coral Ridge Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.3% 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.