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Real Estate Prices & Overview

Bridge Water At Lake Picket / The Bridge Water median real estate price is $589,133, which is more expensive than 76.8% of the neighborhoods in Florida and 76.3% of the neighborhoods in the U.S.

The average rental price in Bridge Water At Lake Picket / The Bridge Water is currently $2,083, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.1% of Florida neighborhoods.

Bridge Water At Lake Picket / The Bridge Water is a suburban neighborhood (based on population density) located in Orlando, Florida.

Bridge Water At Lake Picket / The Bridge Water real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Bridge Water At Lake Picket / The Bridge Water 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 Bridge Water At Lake Picket / The Bridge Water are 3.6%, which is lower than one will find in 76.2% of American neighborhoods. Demand for real estate in Bridge Water At Lake Picket / The Bridge Water 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

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.

People

Of note is NeighborhoodScout's research finding that the Bridge Water At Lake Picket / The Bridge Water 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 Bridge Water At Lake Picket / The Bridge Water community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Bridge Water At Lake Picket / The Bridge Water neighborhood has a greater concentration of residents currently enrolled in college than 96.1% of the neighborhoods in the U.S. With 12.4% of the population here attending college, this is very much a college-focused neighborhood.

Also, the Bridge Water At Lake Picket / The Bridge Water neighborhood stands out within Florida for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.8% of college-friendly places to live in FL. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.

Real Estate

One way that the Bridge Water At Lake Picket / The Bridge Water neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Bridge Water At Lake Picket / The Bridge Water neighborhood has more South American and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.4% of this neighborhood's residents have South American ancestry and 16.2% have Puerto Rican ancestry.

Bridge Water At Lake Picket / The Bridge Water is also pretty special linguistically. Significantly, 10.0% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.4% 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 Bridge Water At Lake Picket / The Bridge Water neighborhood in Orlando are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.1% 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.

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 Bridge Water At Lake Picket / The Bridge Water neighborhood, 52.5% 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 31.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.2%), and 8.0% 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 Bridge Water At Lake Picket / The Bridge Water neighborhood is English, spoken by 58.5% of households. Other important languages spoken here include Spanish, Vietnamese and Chinese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Bridge Water At Lake Picket / The Bridge Water neighborhood in Orlando, FL, residents most commonly identify their ethnicity or ancestry as Asian (17.6%). There are also a number of people of Puerto Rican ancestry (16.2%), and residents who report South American roots (15.4%), and some of the residents are also of Irish ancestry (5.7%), along with some German ancestry residents (5.0%), among others. In addition, 23.2% 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 Bridge Water At Lake Picket / The Bridge Water neighborhood spend between 15 and 30 minutes commuting one-way to work (42.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.0%) 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 (6.0%) . 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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