The Glades / Miracle Strip Business Plaza median real estate price is $530,419, which is more expensive than 68.2% of the neighborhoods in Florida and 68.5% of the neighborhoods in the U.S.
The average rental price in The Glades / Miracle Strip Business Plaza is currently $2,746, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in Florida.
The Glades / Miracle Strip Business Plaza is a suburban neighborhood (based on population density) located in Panama City Beach, Florida.
The Glades / Miracle Strip Business Plaza 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the The Glades / Miracle Strip Business Plaza neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
The Glades / Miracle Strip Business Plaza has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.8% 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.
In a nation where 1 out of every 4 children lives in poverty, the The Glades / Miracle Strip Business Plaza neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the The Glades / Miracle Strip Business Plaza neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.7% of all American neighborhoods.
Furthermore, 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 The Glades / Miracle Strip Business Plaza neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.3% of its workforce, this neighborhood has a greater concentration of government workers than 98.3% of U.S. neighborhoods.
Did you know that the The Glades / Miracle Strip Business Plaza neighborhood has more Jamaican and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have Jamaican ancestry and 1.3% have Canadian ancestry.
The Glades / Miracle Strip Business Plaza is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 95.7% 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 The Glades / Miracle Strip Business Plaza neighborhood in Panama City Beach are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.5% 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the The Glades / Miracle Strip Business Plaza neighborhood, 44.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 37.7% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (17.3%), and 8.9% in manufacturing and laborer occupations.
The most common language spoken in the The Glades / Miracle Strip Business Plaza neighborhood is English, spoken by 90.2% of households. Some people also speak Spanish (5.9%).
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 The Glades / Miracle Strip Business Plaza neighborhood in Panama City Beach, FL, residents most commonly identify their ethnicity or ancestry as English (15.2%). There are also a number of people of Irish ancestry (12.4%), and residents who report Jamaican roots (6.3%), and some of the residents are also of Asian ancestry (5.5%), along with some Italian ancestry residents (4.6%), among others. In addition, 13.5% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in The Glades / Miracle Strip Business Plaza neighborhood spend under 15 minutes commuting one-way to work (41.4% of working residents), one of the shortest commutes across America.
Here most residents (70.6%) 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 (10.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.