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Real Estate Prices & Overview

Silver Beach Acres / Inlet Shores median real estate price is $390,491, which is more expensive than 47.1% of the neighborhoods in Florida and 55.4% of the neighborhoods in the U.S.

The average rental price in Silver Beach Acres / Inlet Shores is currently $2,197, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.2% of Florida neighborhoods.

Silver Beach Acres / Inlet Shores is an urban neighborhood (based on population density) located in Riviera Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Silver Beach Acres / Inlet Shores real estate is primarily made up of small (studio to two 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 Silver Beach Acres / Inlet Shores neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Silver Beach Acres / Inlet Shores has a 15.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

Real Estate

Silver Beach Acres / Inlet Shores 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, Silver Beach Acres / Inlet Shores 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.

People

Astoundingly, the Silver Beach Acres / Inlet Shores neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 95.5% 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 Riviera Beach neighborhood.

Diversity

Did you know that the Silver Beach Acres / Inlet Shores neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.3% of this neighborhood's residents have Jamaican ancestry and 13.1% have African ancestry.

Silver Beach Acres / Inlet Shores is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.7% 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 Silver Beach Acres / Inlet Shores neighborhood in Riviera Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.8% of U.S. neighborhoods. With 30.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.7% 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 Silver Beach Acres / Inlet Shores neighborhood, 32.7% 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 30.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.7%), and 17.3% 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 Silver Beach Acres / Inlet Shores neighborhood is English, spoken by 82.3% of households. Other important languages spoken here include Spanish and French.

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 Silver Beach Acres / Inlet Shores neighborhood in Riviera Beach, FL, residents most commonly identify their ethnicity or ancestry as Jamaican (13.3%). There are also a number of people of Sub-Saharan African ancestry (13.1%), and residents who report African roots (13.1%), and some of the residents are also of Haitian ancestry (7.2%), along with some German ancestry residents (4.7%), among others. In addition, 25.1% 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 Silver Beach Acres / Inlet Shores neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.7%) 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 (9.5%) . 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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