Mandarin Club Estates / Markham Meadows median real estate price is $808,708, which is more expensive than 88.9% of the neighborhoods in Florida and 85.1% of the neighborhoods in the U.S.
The average rental price in Mandarin Club Estates / Markham Meadows is currently $3,086, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.3% of the neighborhoods in Florida.
Mandarin Club Estates / Markham Meadows is a suburban neighborhood (based on population density) located in Lake Mary, Florida.
Mandarin Club Estates / Markham Meadows real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Mandarin Club Estates / Markham Meadows 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 Mandarin Club Estates / Markham Meadows. The current real estate vacancy rate here is 17.0%. This is higher than the rate of vacancies in 83.9% 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.
If you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Mandarin Club Estates / Markham Meadows may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.6% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.
Did you know that the Mandarin Club Estates / Markham Meadows neighborhood has more Haitian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Haitian ancestry and 4.1% have Swedish ancestry.
Mandarin Club Estates / Markham Meadows is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
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 Mandarin Club Estates / Markham Meadows neighborhood in Lake Mary 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 87.7% of the neighborhoods in America. In addition, 2.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.6% of America'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 Mandarin Club Estates / Markham Meadows neighborhood, 49.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 12.1% in manufacturing and laborer 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 Mandarin Club Estates / Markham Meadows neighborhood is English, spoken by 82.0% of households. Other important languages spoken here include Spanish, Persian, French and Langs. of India.
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 Mandarin Club Estates / Markham Meadows neighborhood in Lake Mary, FL, residents most commonly identify their ethnicity or ancestry as German (11.9%). There are also a number of people of Italian ancestry (9.5%), and residents who report Irish roots (7.1%), and some of the residents are also of English ancestry (6.8%), along with some Puerto Rican ancestry residents (6.3%), among others. In addition, 13.7% 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 Mandarin Club Estates / Markham Meadows neighborhood spend between 15 and 30 minutes commuting one-way to work (53.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.