Colonial Colony South Mhp / Carriage Cove Mhp median real estate price is $303,243, which is less expensive than 72.6% of Florida neighborhoods and 61.3% of all U.S. neighborhoods.
The average rental price in Colonial Colony South Mhp / Carriage Cove Mhp is currently $1,821, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.2% of Florida neighborhoods.
Colonial Colony South Mhp / Carriage Cove Mhp is a suburban neighborhood (based on population density) located in Daytona Beach, Florida.
Colonial Colony South Mhp / Carriage Cove Mhp real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Colonial Colony South Mhp / Carriage Cove Mhp. The current real estate vacancy rate here is 30.7%. This is higher than the rate of vacancies in 95.7% 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.
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.
The Colonial Colony South Mhp / Carriage Cove Mhp neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 58.6% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.5% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Colonial Colony South Mhp / Carriage Cove Mhp 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, 80.9% of the residential real estate here was built in this one time period.
Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 30.7% of the residential real estate vacant, the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood claims the distinction of having a higher vacancy rate than 95.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Astoundingly, the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.4% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Daytona Beach neighborhood.
With 2.5% of employed workers living in the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Portuguese ancestry.
Colonial Colony South Mhp / Carriage Cove Mhp is also pretty special linguistically. Significantly, 1.8% 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 98.9% 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 Colonial Colony South Mhp / Carriage Cove Mhp neighborhood in Daytona Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.3% of U.S. neighborhoods. With 10.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.6% 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 Colonial Colony South Mhp / Carriage Cove Mhp neighborhood, 45.0% 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 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.9%), and 10.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Colony South Mhp / Carriage Cove Mhp neighborhood is English, spoken by 82.4% of households. Other important languages spoken here include Spanish, Italian, Polish and German/Yiddish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Colonial Colony South Mhp / Carriage Cove Mhp neighborhood in Daytona Beach, FL, residents most commonly identify their ethnicity or ancestry as English (11.1%). There are also a number of people of Irish ancestry (9.4%), and residents who report German roots (8.7%), and some of the residents are also of Italian ancestry (8.0%), along with some Puerto Rican ancestry residents (4.9%), among others.
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 Colonial Colony South Mhp / Carriage Cove Mhp neighborhood spend between 15 and 30 minutes commuting one-way to work (44.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.8%) 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.