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Real Estate Prices & Overview

Marco Shores Hammock Bay / Royal Palm Hammock median real estate price is $788,846, which is more expensive than 89.0% of the neighborhoods in Florida and 86.6% of the neighborhoods in the U.S.

The average rental price in Marco Shores Hammock Bay / Royal Palm Hammock is currently $2,886, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.4% of the neighborhoods in Florida.

Marco Shores Hammock Bay / Royal Palm Hammock is a remote neighborhood (based on population density) located in Naples, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Marco Shores Hammock Bay / Royal Palm Hammock real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Marco Shores Hammock Bay / Royal Palm Hammock. The current real estate vacancy rate here is 60.5%. This is higher than the rate of vacancies in 99.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (50.7%). 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

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

Marco Shores Hammock Bay / Royal Palm Hammock is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Marco Shores Hammock Bay / Royal Palm Hammock 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. One of the notable things about Marco Shores Hammock Bay / Royal Palm Hammock is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 60.5% of the residential real estate vacant, the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood claims the distinction of having a higher vacancy rate than 99.4% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Furthermore, homes built from 2000 through today make up a higher proportion of the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood's real estate landscape than 96.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 70.9% of the residential real estate here is classified as newer.

People

Of note is NeighborhoodScout's research finding that the Marco Shores Hammock Bay / Royal Palm Hammock 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 Marco Shores Hammock Bay / Royal Palm Hammock community truly stands out from the rest in this regard.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood may actually hold the key. 79.3% of its residents are married, which is a higher percentage than is found in 99.7% of the neighborhoods in America.

Also, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Marco Shores Hammock Bay / Royal Palm Hammock may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.3% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Marco Shores Hammock Bay / Royal Palm Hammock neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 27.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.9% of all neighborhoods in America.

Diversity

Did you know that the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood has more Canadian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Canadian ancestry and 3.4% have Lebanese ancestry.

Marco Shores Hammock Bay / Royal Palm Hammock is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.3% 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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood in Naples are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.2% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood, 40.3% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 8.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (3.6%).

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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood in Naples, FL, residents most commonly identify their ethnicity or ancestry as Irish (22.0%). There are also a number of people of Italian ancestry (20.1%), and residents who report German roots (15.4%), and some of the residents are also of Canadian ancestry (6.7%), along with some Polish ancestry residents (6.4%), among others. In addition, 12.3% 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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood spend longer than one hour commuting one-way to work (27.4% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (54.9%) 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 (18.1%) . 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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