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Real Estate Prices & Overview

SW Archer Rd / SW 40th Blvd median real estate price is $413,087, which is more expensive than 49.0% of the neighborhoods in Florida and 55.0% of the neighborhoods in the U.S.

The average rental price in SW Archer Rd / SW 40th Blvd is currently $1,959, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.0% of Florida neighborhoods.

SW Archer Rd / SW 40th Blvd is a suburban neighborhood (based on population density) located in Gainesville, Florida.

SW Archer Rd / SW 40th Blvd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the SW Archer Rd / SW 40th Blvd 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.

SW Archer Rd / SW 40th Blvd has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.8% 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 Gainesville, the SW Archer Rd / SW 40th Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (28.4% ride the bus) than 99.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

People

An extraordinary 26.6% of the residents of the SW Archer Rd / SW 40th Blvd neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Real Estate

Renter-occupied real estate is dominant in the SW Archer Rd / SW 40th Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.6%, which is higher than 98.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, one of the really unique and interesting things about the look and setting of the SW Archer Rd / SW 40th Blvd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 79.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.6% of all neighborhoods in America.

Occupations

There are more people living in the SW Archer Rd / SW 40th Blvd neighborhood employed as sales and service workers (59.1%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the SW Archer Rd / SW 40th Blvd neighborhood have a highly unusual car ownership. 23.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the SW Archer Rd / SW 40th Blvd neighborhood. In the SW Archer Rd / SW 40th Blvd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the SW Archer Rd / SW 40th Blvd neighborhood has a greater percentage of residents born in another country (44.1%) than are found in 95.5% of all U.S. neighborhoods.

Diversity

Did you know that the SW Archer Rd / SW 40th Blvd neighborhood has more Arab and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Arab ancestry and 30.3% have Asian ancestry.

SW Archer Rd / SW 40th Blvd is also pretty special linguistically. Significantly, 8.7% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.0% 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 SW Archer Rd / SW 40th Blvd neighborhood in Gainesville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.6% of U.S. neighborhoods. With 15.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.0% 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 SW Archer Rd / SW 40th Blvd neighborhood, 40.9% 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 40.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 6.1% in government jobs, whether they are in local, state, or federal positions.

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 SW Archer Rd / SW 40th Blvd neighborhood is English, spoken by 48.5% of households. Other important languages spoken here include Spanish, Langs. of India, Arabic and Polish.

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 SW Archer Rd / SW 40th Blvd neighborhood in Gainesville, FL, residents most commonly identify their ethnicity or ancestry as Asian (30.3%). There are also a number of people of Arab ancestry (5.5%), and residents who report South American roots (5.5%), and some of the residents are also of German ancestry (5.0%), along with some English ancestry residents (4.3%), among others. In addition, 44.1% 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 SW Archer Rd / SW 40th Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (28.4%) and 8.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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