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Real Estate Prices & Overview

Heritage Isles / K Bar Ranch median real estate price is $530,471, which is more expensive than 70.1% of the neighborhoods in Florida and 71.8% of the neighborhoods in the U.S.

The average rental price in Heritage Isles / K Bar Ranch is currently $3,331, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.6% of the neighborhoods in Florida.

Heritage Isles / K Bar Ranch is a suburban neighborhood (based on population density) located in Tampa, Florida.

Heritage Isles / K Bar Ranch real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Heritage Isles / K Bar Ranch neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Heritage Isles / K Bar Ranch are 5.4%, which is lower than one will find in 63.8% of American neighborhoods. Demand for real estate in Heritage Isles / K Bar Ranch 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

Homes built from 2000 through today make up a higher proportion of the Heritage Isles / K Bar Ranch neighborhood's real estate landscape than 99.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 96.0% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, one way that the Heritage Isles / K Bar Ranch neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, owner-occupied real estate dominates the Heritage Isles / K Bar Ranch neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.7% of neighborhoods in America.

People

A majority of the adults in the Heritage Isles / K Bar Ranch neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Florida by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.5% of the neighborhoods in Florida. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Heritage Isles / K Bar Ranch neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Diversity

Did you know that the Heritage Isles / K Bar Ranch neighborhood has more Arab and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.2% of this neighborhood's residents have Arab ancestry and 1.9% have Brazilian ancestry.

Heritage Isles / K Bar Ranch is also pretty special linguistically. Significantly, 6.9% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.1% 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 Heritage Isles / K Bar Ranch neighborhood in Tampa are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.4% of the neighborhoods in America. In addition, 3.7% 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 68.9% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Heritage Isles / K Bar Ranch neighborhood, 62.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 13.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 11.4% 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 Heritage Isles / K Bar Ranch neighborhood is English, spoken by 57.7% of households. Other important languages spoken here include Spanish, Arabic, French and Langs. of India.

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 Heritage Isles / K Bar Ranch neighborhood in Tampa, FL, residents most commonly identify their ethnicity or ancestry as Asian (21.6%). There are also a number of people of Arab ancestry (11.2%), and residents who report German roots (5.7%), and some of the residents are also of South American ancestry (5.3%), along with some Puerto Rican ancestry residents (4.8%), among others. In addition, 36.7% 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 Heritage Isles / K Bar Ranch neighborhood spend between 15 and 30 minutes commuting one-way to work (38.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.9%) 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 (15.5%) . 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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