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Real Estate Prices & Overview

Highland Ave / E Holly St median real estate price is $303,508, which is more expensive than 29.8% of the neighborhoods in Florida and 43.0% of the neighborhoods in the U.S.

The average rental price in Highland Ave / E Holly St is currently $1,862, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.9% of Florida neighborhoods.

Highland Ave / E Holly St is a suburban neighborhood (based on population density) located in Inverness, Florida.

Highland Ave / E Holly St 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 Highland Ave / E Holly St 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 7.7% in Highland Ave / E Holly St. NeighborhoodScout analysis shows that this rate is lower than 49.9% 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.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Highland Ave / E Holly St 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, 87.2% of the residential real estate here was built in this one time period.

In addition, the Highland Ave / E Holly St neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.1% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.3% of all neighborhoods in America.

People

Divorcees may find friendship and understanding in this neighborhood, as 21.4% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.1% of the neighborhoods in America.

Diversity

Did you know that the Highland Ave / E Holly St neighborhood has more Lithuanian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Lithuanian ancestry and 0.9% have Czechoslovakian ancestry.

Highland Ave / E Holly St is also pretty special linguistically. Significantly, 2.6% 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 95.0% 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 Highland Ave / E Holly St neighborhood in Inverness are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.9% of U.S. neighborhoods. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% of U.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 Highland Ave / E Holly St neighborhood, 32.7% 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 clerical, assistant, and tech support occupations, with 23.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.4%), and 18.9% in manufacturing and laborer 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 Highland Ave / E Holly St neighborhood is English, spoken by 82.5% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Polish.

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 Highland Ave / E Holly St neighborhood in Inverness, FL, residents most commonly identify their ethnicity or ancestry as German (16.2%). There are also a number of people of Italian ancestry (13.1%), and residents who report English roots (11.4%), and some of the residents are also of Irish ancestry (7.6%), along with some Cuban ancestry residents (5.1%), 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 Highland Ave / E Holly St neighborhood spend between 30 and 45 minutes commuting one-way to work (41.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.6%) 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 (13.5%) . 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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