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Real Estate Prices & Overview

Colonial Estates / South End median real estate price is $844,020, which is more expensive than 90.0% of the neighborhoods in Florida and 87.5% of the neighborhoods in the U.S.

The average rental price in Colonial Estates / South End is currently $2,401, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.8% of Florida neighborhoods.

Colonial Estates / South End is a suburban neighborhood (based on population density) located in West Palm Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Colonial Estates / South End real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Colonial Estates / South End neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Colonial Estates / South End has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.0% 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

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 Colonial Estates / South End neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Colonial Estates / South End neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Colonial Estates / South End 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.

Diversity

Did you know that the Colonial Estates / South End neighborhood has more Cuban and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.5% of this neighborhood's residents have Cuban ancestry and 7.1% have Russian ancestry.

Colonial Estates / South End 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 Colonial Estates / South End neighborhood in West Palm Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.6% of the neighborhoods in America. With 25.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.5% of U.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 Colonial Estates / South End neighborhood, 41.5% 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 28.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.9%), and 6.1% in clerical, assistant, and tech support 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 Colonial Estates / South End neighborhood is English, spoken by 65.9% of households. Other important languages spoken here include Spanish and Polish.

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 Colonial Estates / South End neighborhood in West Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as English (15.3%). There are also a number of people of Cuban ancestry (14.5%), and residents who report Mexican roots (9.3%), and some of the residents are also of Irish ancestry (8.5%), along with some Russian ancestry residents (7.1%), among others. In addition, 28.4% 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 Colonial Estates / South End neighborhood spend under 15 minutes commuting one-way to work (48.5% of working residents), one of the shortest commutes across America.

Here most residents (63.7%) 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 (13.9%) . 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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