Cypress Lakes median real estate price is $376,860, which is more expensive than 41.4% of the neighborhoods in Florida and 48.8% of the neighborhoods in the U.S.
The average rental price in Cypress Lakes is currently $2,993, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.5% of the neighborhoods in Florida.
Cypress Lakes is a suburban neighborhood (based on population density) located in West Palm Beach, Florida.
Cypress Lakes real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Cypress Lakes 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.
Cypress Lakes has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.4% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you love row houses and attached homes, you will probably really like the Cypress Lakes neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 26.3% of the residential real estate here is classified as row houses and attached homes.
Astoundingly, the Cypress Lakes neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 95.6% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular West Palm Beach neighborhood.
Did you know that the Cypress Lakes neighborhood has more Haitian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.8% of this neighborhood's residents have Haitian ancestry and 5.2% have Hungarian ancestry.
Cypress Lakes is also pretty special linguistically. Significantly, 16.9% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.7% 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 Cypress Lakes neighborhood in West Palm Beach are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.8% of the neighborhoods in America. With 15.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.9% 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 Cypress Lakes neighborhood, 33.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.2%), and 18.7% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Cypress Lakes neighborhood is English, spoken by 62.4% of households. Other important languages spoken here include French, Spanish and Polish.
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 Cypress Lakes neighborhood in West Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as Haitian (16.8%). There are also a number of people of Italian ancestry (13.5%), and residents who report Jamaican roots (10.9%), and some of the residents are also of Puerto Rican ancestry (5.6%), along with some German ancestry residents (5.5%), among others. In addition, 33.5% of the residents of this neighborhood were born in another country.
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 Cypress Lakes neighborhood spend between 15 and 30 minutes commuting one-way to work (55.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.5%) 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 (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.