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Real Estate Prices & Overview

Ferndale Place median real estate price is $344,843, which is more expensive than 37.8% of the neighborhoods in Florida and 49.7% of the neighborhoods in the U.S.

The average rental price in Ferndale Place is currently $1,958, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.5% of Florida neighborhoods.

Ferndale Place is a suburban neighborhood (based on population density) located in Tallahassee, Florida.

Ferndale Place real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Ferndale Place neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Ferndale Place has a 15.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.7% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Ferndale Place neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 19.3% of its workforce, this neighborhood has a greater concentration of government workers than 98.8% of U.S. neighborhoods.

Diversity

Did you know that the Ferndale Place neighborhood has more Romanian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Romanian ancestry and 2.1% have Hungarian ancestry.

Ferndale Place is also pretty special linguistically. Significantly, 1.7% 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 98.8% 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 Ferndale Place neighborhood in Tallahassee are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.3% of U.S. neighborhoods. In addition, 3.8% 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 68.7% 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 Ferndale Place neighborhood, 55.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 19.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.1%), and 16.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Ferndale Place neighborhood is English, spoken by 93.5% of households. Other important languages spoken here include Italian, Polish and Spanish.

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 Ferndale Place neighborhood in Tallahassee, FL, residents most commonly identify their ethnicity or ancestry as Irish (20.3%). There are also a number of people of German ancestry (18.8%), and residents who report English roots (12.2%), and some of the residents are also of Italian ancestry (4.3%), along with some Asian ancestry residents (3.8%), 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 Ferndale Place neighborhood spend between 15 and 30 minutes commuting one-way to work (54.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.2%) 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 (6.4%) . 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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