Silver Springs Shores South median real estate price is $286,721, which is less expensive than 76.0% of Florida neighborhoods and 62.8% of all U.S. neighborhoods.
The average rental price in Silver Springs Shores South is currently $2,081, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.2% of Florida neighborhoods.
Silver Springs Shores South is a rural neighborhood (based on population density) located in Ocala, Florida.
Silver Springs Shores South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Silver Springs Shores South 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.
Real estate vacancies in Silver Springs Shores South are 4.9%, which is lower than one will find in 67.0% of American neighborhoods. Demand for real estate in Silver Springs Shores South 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 Ocala, the Silver Springs Shores South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Silver Springs Shores South neighborhood has more Romanian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Romanian ancestry and 3.5% have Cuban ancestry.
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 Silver Springs Shores South neighborhood in Ocala are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.4% of U.S. neighborhoods. With 11.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.8% of U.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 Silver Springs Shores South neighborhood, 37.3% 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 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.6%), and 9.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Silver Springs Shores South neighborhood is English, spoken by 80.7% of households. Some people also speak Spanish (15.4%).
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 Silver Springs Shores South neighborhood in Ocala, FL, residents most commonly identify their ethnicity or ancestry as English (15.5%). There are also a number of people of German ancestry (10.9%), and residents who report Puerto Rican roots (8.2%), and some of the residents are also of Italian ancestry (6.3%), along with some Irish ancestry residents (4.9%), among others. In addition, 13.4% 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 Silver Springs Shores South neighborhood spend between 15 and 30 minutes commuting one-way to work (36.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.4%) 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 (8.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.