Wolfolk median real estate price is $210,123, which is less expensive than 88.4% of Florida neighborhoods and 79.1% of all U.S. neighborhoods.
The average rental price in Wolfolk is currently $2,321, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.2% of Florida neighborhoods.
Wolfolk is a rural neighborhood (based on population density) located in Lake Wales, Florida.
Wolfolk real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Wolfolk 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 Wolfolk. The current real estate vacancy rate here is 22.3%. This is higher than the rate of vacancies in 90.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.4%). 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 Lake Wales, the Wolfolk neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The real estate in this neighborhood consists of more mobile homes than 96.9% of all neighborhoods in America, with 35.1% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Wolfolk neighborhood is a fantastic option for bicycle commuters, as 3.6% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.8% of the neighborhoods in America.
An extraordinary 12.9% of the residents of the Wolfolk 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.
In addition, of note, 54.1% 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.
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Wolfolk neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.9% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
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 Wolfolk neighborhood in Lake Wales are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. With 54.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.5% 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 Wolfolk neighborhood, 33.4% 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.4%), and 11.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Wolfolk neighborhood is English, spoken by 83.6% of households. Some people also speak Spanish (13.1%).
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 Wolfolk neighborhood in Lake Wales, FL, residents most commonly identify their ethnicity or ancestry as Puerto Rican (6.1%). There are also a number of people of English ancestry (5.9%), and residents who report Irish roots (4.1%), and some of the residents are also of German ancestry (4.1%), along with some Italian ancestry residents (2.6%), among others.
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 Wolfolk neighborhood spend between 30 and 45 minutes commuting one-way to work (43.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (79.9%) 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 (6.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.