South Reach / Town Center median real estate price is $782,920, which is more expensive than 87.0% of the neighborhoods in Florida and 83.3% of the neighborhoods in the U.S.
The average rental price in South Reach / Town Center is currently $2,123, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.7% of Florida neighborhoods.
South Reach / Town Center is a suburban neighborhood (based on population density) located in Indialantic, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
South Reach / Town Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the South Reach / Town Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
South Reach / Town Center has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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.
South Reach / Town Center 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, South Reach / Town Center 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.
A majority of the adults in the South Reach / Town Center neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Florida by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.4% of the neighborhoods in Florida. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees.
Did you know that the South Reach / Town Center neighborhood has more British and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have British ancestry and 1.1% have Czechoslovakian ancestry.
South Reach / Town Center is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.4% 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 South Reach / Town Center neighborhood in Indialantic are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.0% of the neighborhoods in America. With 20.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.2% of U.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 South Reach / Town Center neighborhood, 60.2% 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 19.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.9%), and 4.7% in clerical, assistant, and tech support occupations.
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 South Reach / Town Center neighborhood is English, spoken by 92.1% of households. Other important languages spoken here include Spanish and French.
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 South Reach / Town Center neighborhood in Indialantic, FL, residents most commonly identify their ethnicity or ancestry as English (18.3%). There are also a number of people of German ancestry (16.5%), and residents who report Irish roots (11.3%), and some of the residents are also of Italian ancestry (7.1%), along with some Scottish ancestry residents (6.1%), among others. In addition, 13.2% 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 South Reach / Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (53.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.2%) 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 (8.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.