Malabar Rd NE / Emerson Dr NE median real estate price is $318,560, which is more expensive than 40.4% of the neighborhoods in Florida and 51.5% of the neighborhoods in the U.S.
The average rental price in Malabar Rd NE / Emerson Dr NE is currently $2,787, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of Florida neighborhoods.
Malabar Rd NE / Emerson Dr NE is a suburban neighborhood (based on population density) located in Palm Bay, Florida.
Malabar Rd NE / Emerson Dr NE real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Malabar Rd NE / Emerson Dr NE 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.
Malabar Rd NE / Emerson Dr NE has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.8% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (10.1%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Palm Bay, the Malabar Rd NE / Emerson Dr NE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Owner-occupied real estate dominates the Malabar Rd NE / Emerson Dr NE neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.9% of neighborhoods in America.
Did you know that the Malabar Rd NE / Emerson Dr NE neighborhood has more British and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have British ancestry and 3.8% have Hungarian ancestry.
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 Malabar Rd NE / Emerson Dr NE neighborhood in Palm Bay are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.3% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.7% 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 Malabar Rd NE / Emerson Dr NE neighborhood, 32.5% 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 executive, management, and professional occupations, with 29.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.4%), and 16.7% in manufacturing and laborer 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 Malabar Rd NE / Emerson Dr NE neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include Spanish and Polish.
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 Malabar Rd NE / Emerson Dr NE neighborhood in Palm Bay, FL, residents most commonly identify their ethnicity or ancestry as German (12.5%). There are also a number of people of Irish ancestry (11.8%), and residents who report Italian roots (9.2%), and some of the residents are also of English ancestry (8.3%), along with some British ancestry residents (4.6%), among others. In addition, 17.1% of the residents of this neighborhood were born in another country.
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 Malabar Rd NE / Emerson Dr NE neighborhood spend between 15 and 30 minutes commuting one-way to work (69.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.8%) 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 (16.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.