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
Notable & Unique: Real Estate
Terra Mar 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, Terra Mar 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.
In addition, despite all of the residential real estate here in the Terra Mar neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 49.2%, which is higher than 98.5% of all U.S. neighborhoods.
Furthermore, the real estate in the Terra Mar neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 83.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.7% of American neighborhoods.
Also of note, the Terra Mar neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Terra Mar 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
Terra Mar community truly stands out from the rest in this regard.
In addition, the types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 54.3%. This
is a higher percent living alone than we found in 98.3% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
Also, if you're planning where to retire, the Terra Mar neighborhood in
Pompano Beach is a great option to consider. According to NeighborhoodScout's
exclusive retirement dream area analysis, it's peaceful and quiet, has
above average safety ratings compared to other neighborhoods in FL,
offers a wide range of housing options, and has already attracted an
enviable mix of college educated seniors. This neighborhood ranks as better
for retirement living than 85.6% of the neighborhoods
in Florida. If you are considering retiring to Florida, this
is a good neighborhood to look at.
Notable & Unique: Diversity
Did you know that the Terra Mar neighborhood has more
Canadian and Romanian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.1% of
this neighborhood's residents have Canadian ancestry and 0.9% have Romanian ancestry.
Terra Mar is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Terra Mar neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 11.2% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 95.3% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.