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Real Estate Prices & Overview

Montague median real estate price is $445,775, which is more expensive than 61.1% of the neighborhoods in Florida and 65.8% of the neighborhoods in the U.S.

The average rental price in Montague is currently $1,848, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.5% of Florida neighborhoods.

Montague is a suburban neighborhood (based on population density) located in Ocala, Florida.

Montague real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Montague 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.

Real estate vacancies in Montague are 3.5%, which is lower than one will find in 77.9% of American neighborhoods. Demand for real estate in Montague 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

While most Americans do drive to work alone each day, the Montague neighborhood stands out by having 90.1% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.3% of all American neighborhoods.

Diversity

Did you know that the Montague neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Swiss ancestry.

Montague is also pretty special linguistically. Significantly, 9.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.8% 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 Montague neighborhood in Ocala are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.3% of the neighborhoods in America. With 14.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.3% 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 Montague neighborhood, 45.9% 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 20.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.1%), and 13.7% 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 Montague neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Italian and Spanish.

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 Montague neighborhood in Ocala, FL, residents most commonly identify their ethnicity or ancestry as German (13.2%). There are also a number of people of Italian ancestry (13.1%), and residents who report English roots (12.9%), and some of the residents are also of Irish ancestry (11.0%), along with some Mexican ancestry residents (4.4%), 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 Montague neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.1%) 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 (6.3%) . 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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