Living Homes Estates median real estate price is $320,267, which is more expensive than 30.8% of the neighborhoods in Florida and 42.4% of the neighborhoods in the U.S.
The average rental price in Living Homes Estates is currently $1,978, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.5% of Florida neighborhoods.
Living Homes Estates is a suburban neighborhood (based on population density) located in Melbourne, Florida.
Living Homes Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Living Homes Estates 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 Living Homes Estates are 5.9%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Living Homes Estates 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.
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 Melbourne, the Living Homes Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Living Homes Estates neighborhood has more Scottish and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Scottish ancestry and 1.2% have Finnish ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Living Homes Estates neighborhood in Melbourne are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.9% of U.S. neighborhoods. With 40.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% 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 Living Homes Estates neighborhood, 38.7% 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 34.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.8%), and 12.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Living Homes Estates neighborhood is English, spoken by 93.8% of households. Some people also speak Spanish (5.0%).
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 Living Homes Estates neighborhood in Melbourne, FL, residents most commonly identify their ethnicity or ancestry as Irish (19.1%). There are also a number of people of German ancestry (12.6%), and residents who report English roots (7.5%), and some of the residents are also of Scottish ancestry (6.0%), along with some Italian ancestry residents (5.6%), among others.
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 Living Homes Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (42.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.5%) 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 (10.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.