Artisan Lakes Esplanade / Fosters Creek median real estate price is $594,393, which is more expensive than 72.3% of the neighborhoods in Florida and 71.7% of the neighborhoods in the U.S.
The average rental price in Artisan Lakes Esplanade / Fosters Creek is currently $3,005, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.9% of the neighborhoods in Florida.
Artisan Lakes Esplanade / Fosters Creek is a rural neighborhood (based on population density) located in Palmetto, Florida.
Artisan Lakes Esplanade / Fosters Creek real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Artisan Lakes Esplanade / Fosters Creek neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Artisan Lakes Esplanade / Fosters Creek has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.
Of note is NeighborhoodScout's research finding that the Artisan Lakes Esplanade / Fosters Creek neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Artisan Lakes Esplanade / Fosters Creek community truly stands out from the rest in this regard.
In addition, if you're planning where to retire, the Artisan Lakes Esplanade / Fosters Creek neighborhood in Palmetto is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.5% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Artisan Lakes Esplanade / Fosters Creek neighborhood. A whopping 91.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.9% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
The Artisan Lakes Esplanade / Fosters Creek neighborhood has a greater proportion of government workers living in it than 95.5% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Did you know that the Artisan Lakes Esplanade / Fosters Creek neighborhood has more Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Hungarian ancestry.
Artisan Lakes Esplanade / Fosters Creek is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.2% 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 Artisan Lakes Esplanade / Fosters Creek neighborhood in Palmetto are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.8% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Artisan Lakes Esplanade / Fosters Creek neighborhood, 40.8% 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 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.0%), and 13.0% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Artisan Lakes Esplanade / Fosters Creek neighborhood is English, spoken by 85.7% of households. Some people also speak Spanish (8.2%).
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 Artisan Lakes Esplanade / Fosters Creek neighborhood in Palmetto, FL, residents most commonly identify their ethnicity or ancestry as German (16.3%). There are also a number of people of Italian ancestry (12.8%), and residents who report Irish roots (12.6%), and some of the residents are also of English ancestry (10.4%), along with some Hungarian ancestry residents (5.5%), 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 Artisan Lakes Esplanade / Fosters Creek neighborhood spend between 30 and 45 minutes commuting one-way to work (40.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (59.0%) 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 (13.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.