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Real Estate Prices & Overview

Riverview Terrace / Bayview Manor median real estate price is $536,036, which is more expensive than 58.6% of the neighborhoods in Florida and 62.0% of the neighborhoods in the U.S.

The average rental price in Riverview Terrace / Bayview Manor is currently $4,764, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in Florida.

Riverview Terrace / Bayview Manor is a suburban neighborhood (based on population density) located in Titusville, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Riverview Terrace / Bayview Manor 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 occupied by a mixture of owners and renters. Many of the residences in the Riverview Terrace / Bayview Manor neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Riverview Terrace / Bayview Manor. The current real estate vacancy rate here is 29.1%. This is higher than the rate of vacancies in 94.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Titusville, the Riverview Terrace / Bayview Manor neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Riverview Terrace / Bayview Manor is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Riverview Terrace / Bayview Manor is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

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

Modes of Transportation

Our research shows that more people carpool to work here in the Riverview Terrace / Bayview Manor (39.7%) than in 99.8% of the neighborhoods in America.

Diversity

Did you know that the Riverview Terrace / Bayview Manor neighborhood has more Slovak and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Slovak ancestry and 1.9% have Swiss ancestry.

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 Riverview Terrace / Bayview Manor neighborhood in Titusville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.7% of U.S. neighborhoods. 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 Riverview Terrace / Bayview Manor neighborhood, 27.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.4%), and 21.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Riverview Terrace / Bayview Manor neighborhood is English, spoken by 93.2% of households. Some people also speak Spanish (6.1%).

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 Riverview Terrace / Bayview Manor neighborhood in Titusville, FL, residents most commonly identify their ethnicity or ancestry as English (19.4%). There are also a number of people of German ancestry (16.7%), and residents who report Irish roots (8.8%), and some of the residents are also of Italian ancestry (5.2%), along with some Scottish ancestry residents (4.6%), among others.

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 Riverview Terrace / Bayview Manor neighborhood spend under 15 minutes commuting one-way to work (54.0% of working residents), one of the shortest commutes across America.

Here most residents (52.2%) 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 (39.7%) . 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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