Century Village median real estate price is $135,204, which is less expensive than 94.6% of Florida neighborhoods and 90.0% of all U.S. neighborhoods.
The average rental price in Century Village is currently $1,805, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.0% of Florida neighborhoods.
Century Village is an urban neighborhood (based on population density) located in West Palm Beach, Florida.
Century Village 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 owner occupied. Many of the residences in the Century Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Century Village. The current real estate vacancy rate here is 30.9%. This is higher than the rate of vacancies in 95.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (30.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 West Palm Beach, the Century Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Century Village neighborhood stands out for having an average per capita income lower than 98.1% of the neighborhoods in the United States. The Century Village neighborhood also has a greater percentage of children living in poverty (100.0%) than found in 99.9% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 57.4%. This is a higher percent living alone than we found in 98.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
The Century Village neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, the real estate in the Century Village neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.4% of American neighborhoods.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Century Village 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, 84.4% of the residential real estate here was built in this one time period.
Also of note, despite all of the residential real estate here in the Century Village neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 30.9%, which is higher than 95.5% of all U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Century Village neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.8% of all American neighborhoods.
Our research reveals that 90.5% of commuters who live in the Century Village neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.7% of U.S. neighborhoods.
Did you know that the Century Village neighborhood has more Greek and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Greek ancestry and 1.2% have Canadian ancestry.
Century Village is also pretty special linguistically. Significantly, 5.0% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
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 Century Village neighborhood in West Palm Beach are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.9% of U.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 Century Village neighborhood, 45.4% 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 clerical, assistant, and tech support occupations, with 18.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.5%), and 17.4% in executive, management, and professional occupations.
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 Century Village neighborhood is English, spoken by 72.7% of households. Other important languages spoken here include Spanish, German/Yiddish, French and Portuguese.
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 Century Village neighborhood in West Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as English (13.4%). There are also a number of people of Italian ancestry (13.3%), and residents who report Irish roots (9.1%), and some of the residents are also of Polish ancestry (6.4%), along with some Norwegian ancestry residents (5.6%), among others. In addition, 23.3% of the residents of this neighborhood were born in another country.
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 Century Village neighborhood spend between 15 and 30 minutes commuting one-way to work (53.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (9.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
