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Real Estate Prices & Overview

Purdy Ln / Haverhill Rd S median real estate price is $474,774, which is more expensive than 56.4% of the neighborhoods in Florida and 62.8% of the neighborhoods in the U.S.

The average rental price in Purdy Ln / Haverhill Rd S is currently $2,857, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.7% of Florida neighborhoods.

Purdy Ln / Haverhill Rd S is an urban neighborhood (based on population density) located in West Palm Beach, Florida.

Purdy Ln / Haverhill Rd S real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings 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 Purdy Ln / Haverhill Rd S neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Purdy Ln / Haverhill Rd S are 4.5%, which is lower than one will find in 70.1% of American neighborhoods. Demand for real estate in Purdy Ln / Haverhill Rd S is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 West Palm Beach, the Purdy Ln / Haverhill Rd S neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Purdy Ln / Haverhill Rd S neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 41.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.2% of America's neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the Purdy Ln / Haverhill Rd S neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.1% of the neighborhoods in FL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Purdy Ln / Haverhill Rd S neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.4% of this neighborhood's residents have Cuban ancestry and 13.3% have South American ancestry.

Purdy Ln / Haverhill Rd S is also pretty special linguistically. Significantly, 62.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% of all U.S. neighborhoods.

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 Purdy Ln / Haverhill Rd S neighborhood in West Palm Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.5% of U.S. neighborhoods. In addition, 9.6% 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 51.8% 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 Purdy Ln / Haverhill Rd S neighborhood, 32.2% 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 28.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.2%), and 15.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Purdy Ln / Haverhill Rd S neighborhood is Spanish, spoken by 62.9% of households. Some people also speak English (35.7%).

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 Purdy Ln / Haverhill Rd S neighborhood in West Palm Beach, FL, residents most commonly identify their ethnicity or ancestry as Cuban (23.4%). There are also a number of people of South American ancestry (13.3%), and residents who report Mexican roots (8.8%), and some of the residents are also of Puerto Rican ancestry (5.9%), along with some German ancestry residents (4.3%), among others. In addition, 41.1% of the residents of this neighborhood were born in another country.

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 Purdy Ln / Haverhill Rd S neighborhood spend between 30 and 45 minutes commuting one-way to work (35.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.6%) 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 (15.3%) . 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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