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Real Estate Prices & Overview

Palm Terrace Estates / Johnson Heights median real estate price is $141,370, which is less expensive than 94.2% of Florida neighborhoods and 88.2% of all U.S. neighborhoods.

The average rental price in Palm Terrace Estates / Johnson Heights is currently $1,539, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.5% of Florida neighborhoods.

Palm Terrace Estates / Johnson Heights is a suburban neighborhood (based on population density) located in Port Richey, Florida.

Palm Terrace Estates / Johnson Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Palm Terrace Estates / Johnson Heights neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.2% in Palm Terrace Estates / Johnson Heights. NeighborhoodScout analysis shows that this rate is lower than 52.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Port Richey, the Palm Terrace Estates / Johnson Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Palm Terrace Estates / Johnson Heights neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.9% of the neighborhoods in America. The Palm Terrace Estates / Johnson Heights neighborhood also has a greater percentage of children living in poverty (69.0%) than found in 98.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, astoundingly, the Palm Terrace Estates / Johnson Heights neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.2% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Port Richey neighborhood.

Diversity

Did you know that the Palm Terrace Estates / Johnson Heights neighborhood has more Lithuanian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lithuanian ancestry and 10.2% have Puerto Rican ancestry.

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 Palm Terrace Estates / Johnson Heights neighborhood in Port Richey are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 69.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Palm Terrace Estates / Johnson Heights neighborhood, 31.9% of the working population is employed in manufacturing and laborer 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 26.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Palm Terrace Estates / Johnson Heights neighborhood is English, spoken by 86.2% of households. Some people also speak Spanish (10.7%).

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 Palm Terrace Estates / Johnson Heights neighborhood in Port Richey, FL, residents most commonly identify their ethnicity or ancestry as Irish (15.4%). There are also a number of people of German ancestry (11.1%), and residents who report Puerto Rican roots (10.2%), and some of the residents are also of Italian ancestry (7.9%), along with some English ancestry residents (7.0%), 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 Palm Terrace Estates / Johnson Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (37.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.0%) 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 (15.0%) . 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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