SW 40th St / SW 43rd Ct median real estate price is $267,932, which is less expensive than 71.5% of Florida neighborhoods and 63.5% of all U.S. neighborhoods.
The average rental price in SW 40th St / SW 43rd Ct is currently $2,305, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.3% of Florida neighborhoods.
SW 40th St / SW 43rd Ct is a suburban neighborhood (based on population density) located in Ocala, Florida.
SW 40th St / SW 43rd Ct 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 SW 40th St / SW 43rd Ct neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in SW 40th St / SW 43rd Ct are 5.8%, which is lower than one will find in 62.9% of American neighborhoods. Demand for real estate in SW 40th St / SW 43rd Ct is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Of note is NeighborhoodScout's research finding that the SW 40th St / SW 43rd Ct 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 SW 40th St / SW 43rd Ct community truly stands out from the rest in this regard.
In addition, divorcees may find friendship and understanding in this neighborhood, as 25.6% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.1% of the neighborhoods in America.
Did you know that the SW 40th St / SW 43rd Ct neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.1% of this neighborhood's residents have Puerto Rican ancestry and 3.8% have Dominican ancestry.
SW 40th St / SW 43rd Ct is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 SW 40th St / SW 43rd Ct neighborhood in Ocala are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.1% of U.S. neighborhoods. 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 SW 40th St / SW 43rd Ct neighborhood, 50.9% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 8.6% in clerical, assistant, and tech support occupations.
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 SW 40th St / SW 43rd Ct neighborhood is English, spoken by 86.7% of households. Other important languages spoken here include Spanish and Urdu (the national language of Pakistan).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the SW 40th St / SW 43rd Ct neighborhood in Ocala, FL, residents most commonly identify their ethnicity or ancestry as Puerto Rican (15.1%). There are also a number of people of German ancestry (14.4%), and residents who report Irish roots (13.2%), and some of the residents are also of English ancestry (10.5%), along with some Italian ancestry residents (5.8%), among others.
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 SW 40th St / SW 43rd Ct neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.6%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.