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Real Estate Prices & Overview

Palm Terrace Estates / Johnson Heights median real estate price is $152,943, which is less expensive than 93.6% of Florida neighborhoods and 87.3% of all U.S. neighborhoods.

The average rental price in Palm Terrace Estates / Johnson Heights is currently $1,552, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.6% of Florida neighborhoods.

Palm Terrace Estates / Johnson Heights is a suburban neighborhood (based on population density) located in Port Richey, Florida.

Palm Terrace Estates / Johnson Heights 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 occupied by a mixture of owners and renters. Many of the residences in the Palm Terrace Estates / Johnson Heights neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.2% in Palm Terrace Estates / Johnson Heights. NeighborhoodScout analysis shows that this rate is lower than 52.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

One of the unique characteristics of the Palm Terrace Estates / Johnson Heights neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.9% of the neighborhoods in America. The Palm Terrace Estates / Johnson Heights neighborhood also has a greater percentage of children living in poverty (69.0%) than found in 98.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, divorcees may find friendship and understanding in this neighborhood, as 21.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.2% of the neighborhoods in America.

Diversity

Did you know that the Palm Terrace Estates / Johnson Heights neighborhood has more Lithuanian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lithuanian ancestry and 10.2% have Puerto Rican ancestry.

The Neighbors

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 Palm Terrace Estates / Johnson Heights neighborhood in Port Richey are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 69.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% of U.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 Palm Terrace Estates / Johnson Heights neighborhood, 31.9% of the working population is employed in manufacturing and laborer 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 26.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Palm Terrace Estates / Johnson Heights neighborhood is English, spoken by 86.2% of households. Some people also speak Spanish (10.7%).

Ethnicity / Ancestry

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 Palm Terrace Estates / Johnson Heights neighborhood in Port Richey, FL, residents most commonly identify their ethnicity or ancestry as Irish (15.4%). There are also a number of people of German ancestry (11.1%), and residents who report Puerto Rican roots (10.2%), and some of the residents are also of Italian ancestry (7.9%), along with some English ancestry residents (7.0%), among others.

Getting to Work

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 Palm Terrace Estates / Johnson Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (37.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.0%) 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 (15.0%) . 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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