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Real Estate Prices & Overview

Sawmill Lakes / Palm Valley median real estate price is $911,938, which is more expensive than 92.5% of the neighborhoods in Florida and 90.3% of the neighborhoods in the U.S.

The average rental price in Sawmill Lakes / Palm Valley is currently $5,862, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6% of the neighborhoods in Florida.

Sawmill Lakes / Palm Valley is a suburban neighborhood (based on population density) located in Ponte Vedra Beach, Florida.

Sawmill Lakes / Palm Valley real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Sawmill Lakes / Palm Valley 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.

In Sawmill Lakes / Palm Valley, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.8% of all neighborhoods in the U.S. This means that the housing supply in Sawmill Lakes / Palm Valley is very tight compared to the demand for property here.

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.

People

According to NeighborhoodScout's exclusive analysis, Sawmill Lakes / Palm Valley is among the best neighborhoods for families in Florida. In fact, this neighborhood is more family-friendly than 100.0% of neighborhoods in the entire state of Florida. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Sawmill Lakes / Palm Valley neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and college students.

In addition, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Sawmill Lakes / Palm Valley neighborhood is wealthier than 98.7% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

Real Estate

One way that the Sawmill Lakes / Palm Valley neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.6% 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.

In addition, owner-occupied real estate dominates the Sawmill Lakes / Palm Valley neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.4% of neighborhoods in America.

Furthermore, the Sawmill Lakes / Palm Valley neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.8% of all neighborhoods in America.

Diversity

Did you know that the Sawmill Lakes / Palm Valley neighborhood has more British and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have British ancestry and 4.9% have Scots-Irish ancestry.

Sawmill Lakes / Palm Valley is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.

The Neighbors

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 Sawmill Lakes / Palm Valley neighborhood in Ponte Vedra Beach are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 98.7% of the neighborhoods in America. In addition, 5.9% 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 61.8% 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 Sawmill Lakes / Palm Valley neighborhood, 55.3% 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 30.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.6%), and 6.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Sawmill Lakes / Palm Valley neighborhood is English, spoken by 94.2% of households.

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 Sawmill Lakes / Palm Valley neighborhood in Ponte Vedra Beach, FL, residents most commonly identify their ethnicity or ancestry as Irish (14.6%). There are also a number of people of German ancestry (14.2%), and residents who report English roots (13.2%), and some of the residents are also of Italian ancestry (10.1%), along with some British ancestry residents (5.0%), 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 Sawmill Lakes / Palm Valley neighborhood spend under 15 minutes commuting one-way to work (27.9% of working residents), one of the shortest commutes across America.

Here most residents (77.5%) drive alone in a private automobile to get to work. 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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