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Real Estate Prices & Overview

Town River Estates / Riverside Yacht Club Estates median real estate price is $627,462, which is more expensive than 72.3% of the neighborhoods in Florida and 74.5% of the neighborhoods in the U.S.

The average rental price in Town River Estates / Riverside Yacht Club Estates is currently $2,144, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.5% of Florida neighborhoods.

Town River Estates / Riverside Yacht Club Estates is a suburban neighborhood (based on population density) located in Fort Myers, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Town River Estates / Riverside Yacht Club Estates 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 owner occupied. Many of the residences in the Town River Estates / Riverside Yacht Club Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Town River Estates / Riverside Yacht Club Estates. The current real estate vacancy rate here is 27.9%. This is higher than the rate of vacancies in 93.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (21.2%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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 Fort Myers, the Town River Estates / Riverside Yacht Club Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Town River Estates / Riverside Yacht Club Estates neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Town River Estates / Riverside Yacht Club Estates 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, most neighborhoods are composed of a mixture of ages of homes, but the Town River Estates / Riverside Yacht Club Estates 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, 94.6% of the residential real estate here was built in this one time period.

People

Of note is NeighborhoodScout's research finding that the Town River Estates / Riverside Yacht Club Estates 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 Town River Estates / Riverside Yacht Club Estates community truly stands out from the rest in this regard.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.7% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Town River Estates / Riverside Yacht Club Estates neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, 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 Town River Estates / Riverside Yacht Club Estates neighborhood, where 35.8% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% 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 95.4% of the neighborhoods in America.

Diversity

Did you know that the Town River Estates / Riverside Yacht Club Estates neighborhood has more British and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have British ancestry and 4.5% have Russian ancestry.

Town River Estates / Riverside Yacht Club Estates is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

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 Town River Estates / Riverside Yacht Club Estates neighborhood in Fort Myers are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.1% 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.

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 Town River Estates / Riverside Yacht Club Estates neighborhood, 49.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.6%), and 5.9% 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 Town River Estates / Riverside Yacht Club Estates neighborhood is English, spoken by 94.3% of households. Other important languages spoken here include Polish, Spanish and German/Yiddish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Town River Estates / Riverside Yacht Club Estates neighborhood in Fort Myers, FL, residents most commonly identify their ethnicity or ancestry as German (31.8%). There are also a number of people of Irish ancestry (20.1%), and residents who report English roots (19.1%), and some of the residents are also of Italian ancestry (6.3%), along with some Russian ancestry residents (4.5%), among others.

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 Town River Estates / Riverside Yacht Club Estates neighborhood spend under 15 minutes commuting one-way to work (40.0% of working residents), one of the shortest commutes across America.

Here most residents (78.1%) 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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