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Real Estate Prices & Overview

Newport / Wakulla median real estate price is $265,406, which is less expensive than 77.3% of Florida neighborhoods and 64.0% of all U.S. neighborhoods.

The average rental price in Newport / Wakulla is currently $1,584, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.2% of Florida neighborhoods.

Newport / Wakulla is a rural neighborhood (based on population density) located in Crawfordville, Florida.

Newport / Wakulla real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Newport / Wakulla 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.

In Newport / Wakulla, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Newport / Wakulla is very tight compared to the demand for property here.

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 Crawfordville, the Newport / Wakulla neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

90.0% of the real estate in the Newport / Wakulla neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Newport / Wakulla neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, the Newport / Wakulla neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 84.1% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.9% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Newport / Wakulla 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, 85.9% of the residential real estate here was built in this one time period.

People

Of note is NeighborhoodScout's research finding that the Newport / Wakulla 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 Newport / Wakulla community truly stands out from the rest in this regard.

In addition, an interesting characteristic about the Newport / Wakulla neighborhood is that there are more incarcerated people living here than 99.8% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Also, the Newport / Wakulla neighborhood is unique for having just 5.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.1% of America's neighborhoods.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Newport / Wakulla neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 22.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.7% of U.S. neighborhoods.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Newport / Wakulla neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.7% of its workforce, this neighborhood has a greater concentration of government workers than 98.0% of U.S. neighborhoods.

Modes of Transportation

In the Newport / Wakulla neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 28.1% of commuters carpool here, which is more than in 98.4% of all U.S. neighborhoods.

Diversity

Did you know that the Newport / Wakulla neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Haitian ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Newport / Wakulla neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.7% 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 Newport / Wakulla neighborhood in Crawfordville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.9% of the neighborhoods in America. 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.

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 Newport / Wakulla neighborhood, 28.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.6% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (22.4%), and 16.7% in government jobs, whether they are in local, state, or federal positions.

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 Newport / Wakulla neighborhood is English, spoken by 75.8% of households. Other important languages spoken here include Spanish, Italian and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Newport / Wakulla neighborhood in Crawfordville, FL, residents most commonly identify their ethnicity or ancestry as English (5.4%). There are also a number of people of German ancestry (5.3%), and residents who report Sub-Saharan African roots (5.1%), and some of the residents are also of African ancestry (5.1%), along with some Irish ancestry residents (5.0%), among others. In addition, 10.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Newport / Wakulla neighborhood spend between 30 and 45 minutes commuting one-way to work (35.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (68.3%) 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 (28.1%) . 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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