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Real Estate Prices & Overview

Kensington Park median real estate price is $591,862, which is more expensive than 80.5% of the neighborhoods in Florida and 79.1% of the neighborhoods in the U.S.

The average rental price in Kensington Park is currently $2,277, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.5% of Florida neighborhoods.

Kensington Park is a suburban neighborhood (based on population density) located in Gainesville, Florida.

Kensington Park 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 occupied by a mixture of owners and renters. Many of the residences in the Kensington Park 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.

Home and apartment vacancy rates are 9.1% in Kensington Park. NeighborhoodScout analysis shows that this rate is lower than 44.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Significantly, 3.5% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.

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 Kensington Park neighborhood in Gainesville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.2% of the neighborhoods in America. In addition, 7.4% 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 58.0% 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 Kensington Park neighborhood, 60.9% 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 16.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.7%), and 8.1% 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 Kensington Park neighborhood is English, spoken by 84.2% of households. Other important languages spoken here include Spanish and Langs. of India.

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 Kensington Park neighborhood in Gainesville, FL, residents most commonly identify their ethnicity or ancestry as German (16.9%). There are also a number of people of English ancestry (10.1%), and residents who report Irish roots (8.0%), and some of the residents are also of Asian ancestry (6.9%), along with some Puerto Rican ancestry residents (4.9%), among others. In addition, 16.2% 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 Kensington Park neighborhood spend between 15 and 30 minutes commuting one-way to work (64.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.8%) 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 (8.7%) . 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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