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Real Estate Prices & Overview

Crestwood / Madison Green median real estate price is $437,970, which is more expensive than 48.8% of the neighborhoods in Florida and 56.6% of the neighborhoods in the U.S.

The average rental price in Crestwood / Madison Green is currently $3,619, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.7% of the neighborhoods in Florida.

Crestwood / Madison Green is a suburban neighborhood (based on population density) located in Royal Palm Beach, Florida.

Crestwood / Madison Green 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 Crestwood / Madison Green 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.

Real estate vacancies in Crestwood / Madison Green are 4.0%, which is lower than one will find in 73.8% of American neighborhoods. Demand for real estate in Crestwood / Madison Green is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

If you love row houses and attached homes, you will probably really like the Crestwood / Madison Green neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.2% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Crestwood / Madison Green neighborhood has more Canadian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Canadian ancestry and 4.6% have Haitian ancestry.

Crestwood / Madison Green is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.1% 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 Crestwood / Madison Green neighborhood in Royal Palm Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.6% of the neighborhoods in America. In addition, 1.5% 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 76.9% 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 Crestwood / Madison Green neighborhood, 40.0% 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 23.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.3%), and 12.6% 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 Crestwood / Madison Green neighborhood is English, spoken by 70.8% of households. Other important languages spoken here include Spanish and Vietnamese.

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 Crestwood / Madison Green neighborhood in Royal Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as Asian (12.2%). There are also a number of people of Puerto Rican ancestry (12.0%), and residents who report Italian roots (8.2%), and some of the residents are also of Irish ancestry (7.2%), along with some South American ancestry residents (5.4%), among others. In addition, 24.9% 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 Crestwood / Madison Green neighborhood spend between 30 and 45 minutes commuting one-way to work (46.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.2%) and 6.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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