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Real Estate Prices & Overview

Oakhurst Bay median real estate price is $591,464, which is more expensive than 71.0% of the neighborhoods in Florida and 73.2% of the neighborhoods in the U.S.

The average rental price in Oakhurst Bay is currently $3,551, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.2% of the neighborhoods in Florida.

Oakhurst Bay is a suburban neighborhood (based on population density) located in Seminole, Florida.

Oakhurst Bay real estate 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 Oakhurst Bay neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Oakhurst Bay has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.8%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Seminole, the Oakhurst Bay neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Oakhurst Bay neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the really interesting characteristics about the Oakhurst Bay neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.9% of college-friendly places to live in the state of Florida. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees and highly educated executives.

Diversity

Did you know that the Oakhurst Bay neighborhood has more Brazilian and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Brazilian ancestry and 1.2% have Croatian ancestry.

Oakhurst Bay is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Greek 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 Oakhurst Bay neighborhood in Seminole are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Oakhurst Bay neighborhood, 51.6% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.1%), and 7.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Oakhurst Bay neighborhood is English, spoken by 87.5% of households. Some people also speak Spanish (2.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Oakhurst Bay neighborhood in Seminole, FL, residents most commonly identify their ethnicity or ancestry as German (18.5%). There are also a number of people of English ancestry (13.2%), and residents who report Italian roots (12.2%), and some of the residents are also of Irish ancestry (11.2%), along with some Polish ancestry residents (6.7%), 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 Oakhurst Bay neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.8%) 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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