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Real Estate Prices & Overview

Median real estate price in the Village Center of Royal Palm Beach is $499,262, which is more expensive than 59.8% of the neighborhoods in Florida and 65.7% of the neighborhoods in the U.S.

The average rental price in Royal Palm Beach Village Center is currently $3,491, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.9% of the neighborhoods in Florida.

Royal Palm Beach Village Center is a suburban neighborhood (based on population density) located in Royal Palm Beach, Florida.

Real estate in the Village Center of Royal Palm Beach, FL is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Village Center 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.

Home and apartment vacancy rates are 7.1% in Royal Palm Beach Village Center. NeighborhoodScout analysis shows that this rate is lower than 53.0% 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 Royal Palm Beach, the Village Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Royal Palm Beach Village Center neighborhood has a greater proportion of government workers living in it than 97.5% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Royal Palm Beach Village Center stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 86.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Royal Palm Beach Village Center neighborhood has more Jamaican and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.7% of this neighborhood's residents have Jamaican ancestry and 5.4% have Cuban 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 Village Center neighborhood in Royal Palm Beach are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.8% of the neighborhoods in America. In addition, 9.7% 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 51.5% of America'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 Royal Palm Beach Village Center neighborhood, 50.7% 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 25.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.0%), and 15.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Royal Palm Beach Village Center neighborhood is English, spoken by 81.2% of households. Some people also speak Spanish (18.3%).

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 Village Center neighborhood in Royal Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as Irish (21.4%). There are also a number of people of Italian ancestry (16.1%), and residents who report German roots (12.5%), and some of the residents are also of Jamaican ancestry (8.7%), along with some South American ancestry residents (7.7%), among others. In addition, 20.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Royal Palm Beach Village Center neighborhood spend between 30 and 45 minutes commuting one-way to work (31.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (80.5%) 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 (11.4%) . 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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