Pier Point median real estate price is $1,069,906, which is more expensive than 93.4% of the neighborhoods in Florida and 90.8% of the neighborhoods in the U.S.
The average rental price in Pier Point is currently $2,481, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.0% of Florida neighborhoods.
Pier Point is an urban neighborhood (based on population density) located in Jacksonville Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Pier Point 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Pier Point neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Pier Point. The current real estate vacancy rate here is 27.9%. This is higher than the rate of vacancies in 94.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (18.3%). 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 Jacksonville Beach, the Pier Point neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Pier Point 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, Pier Point 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.
Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 82.8% of the adults living in the Pier Point neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.5% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
In addition, one of the most interesting things about the Pier Point neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 54.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.2% of the neighborhoods in America.
Also, of note, 56.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Pier Point neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.2% of its workforce, this neighborhood has a greater concentration of government workers than 97.9% of U.S. neighborhoods.
Furthermore, executives, managers and professionals make up 72.8% of the workforce in the Pier Point neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.5% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Pier Point neighborhood has more Scottish and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Scottish ancestry and 4.1% have Russian ancestry.
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 Pier Point neighborhood in Jacksonville Beach are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.9% of the neighborhoods in America. With 56.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.1% 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 Pier Point neighborhood, 72.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 17.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (16.2%), and 7.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Pier Point neighborhood is English, spoken by 88.8% of households. Some people also speak French (2.6%).
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 Pier Point neighborhood in Jacksonville Beach, FL, residents most commonly identify their ethnicity or ancestry as Irish (23.3%). There are also a number of people of German ancestry (14.1%), and residents who report Italian roots (13.1%), and some of the residents are also of English ancestry (12.1%), along with some Scottish ancestry residents (6.0%), among others. In addition, 10.7% of the residents of this neighborhood were born in another country.
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 Pier Point neighborhood spend under 15 minutes commuting one-way to work (33.4% of working residents), one of the shortest commutes across America.
Here most residents (56.1%) 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 (12.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.