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Real Estate Prices & Overview

Sumterville median real estate price is $318,262, which is less expensive than 69.8% of Florida neighborhoods and 60.3% of all U.S. neighborhoods.

The average rental price in Sumterville is currently $1,278, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.6% of Florida neighborhoods.

Sumterville is a remote neighborhood (based on population density) located in Lake Panasoffkee, Florida.

Sumterville real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Sumterville 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 Sumterville. The current real estate vacancy rate here is 15.7%. This is higher than the rate of vacancies in 81.5% 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.

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 Lake Panasoffkee, the Sumterville neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of particular note, 6.6% of the people in the Sumterville neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're looking for a great spot to raise a family, then look no further than the Sumterville neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 13.5% of family-friendly neighborhoods across the state of Florida. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

The Neighbors

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 Sumterville neighborhood in Lake Panasoffkee are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.3% of the neighborhoods in America. With 20.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.2% 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 Sumterville neighborhood, 30.5% 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 29.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.8%), and 13.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Sumterville neighborhood is English, spoken by 89.0% of households. Some people also speak Spanish (9.5%).

Ethnicity / Ancestry

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 Sumterville neighborhood in Lake Panasoffkee, FL, residents most commonly identify their ethnicity or ancestry as English (11.2%). There are also a number of people of Italian ancestry (10.6%), and residents who report Irish roots (8.6%), and some of the residents are also of Mexican ancestry (6.6%), along with some French ancestry residents (4.7%), among others.

Getting to Work

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 Sumterville neighborhood spend between 30 and 45 minutes commuting one-way to work (34.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.1%) 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 (19.4%) . 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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Crime includes:
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Schools include:
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