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Real Estate Prices & Overview

Norvell Rd / Elwood Rd median real estate price is $303,323, which is less expensive than 72.9% of Florida neighborhoods and 59.2% of all U.S. neighborhoods.

The average rental price in Norvell Rd / Elwood Rd is currently $2,366, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.0% of Florida neighborhoods.

Norvell Rd / Elwood Rd is a suburban neighborhood (based on population density) located in Spring Hill, Florida.

Norvell Rd / Elwood Rd 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 Norvell Rd / Elwood Rd 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 Norvell Rd / Elwood Rd are 3.7%, which is lower than one will find in 75.3% of American neighborhoods. Demand for real estate in Norvell Rd / Elwood Rd 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

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.

Real Estate

Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Norvell Rd / Elwood Rd neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.0% of all American neighborhoods.

Diversity

Did you know that the Norvell Rd / Elwood Rd neighborhood has more Scottish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Scottish ancestry and 3.2% have Welsh ancestry.

Norvell Rd / Elwood Rd is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

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 Norvell Rd / Elwood Rd neighborhood in Spring Hill are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.7% of U.S. neighborhoods. In addition, 5.0% 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 64.6% 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 Norvell Rd / Elwood Rd neighborhood, 37.3% 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 27.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 13.4% in clerical, assistant, and tech support occupations.

Languages

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 Norvell Rd / Elwood Rd neighborhood is English, spoken by 88.2% of households. Other important languages spoken here include Spanish, Polish and Portuguese.

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 Norvell Rd / Elwood Rd neighborhood in Spring Hill, FL, residents most commonly identify their ethnicity or ancestry as Italian (16.7%). There are also a number of people of Irish ancestry (14.6%), and residents who report German roots (12.2%), and some of the residents are also of Puerto Rican ancestry (7.8%), along with some English ancestry residents (7.0%), among others. In addition, 10.0% 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 Norvell Rd / Elwood Rd neighborhood spend under 15 minutes commuting one-way to work (28.7% of working residents), one of the shortest commutes across America.

Here most residents (68.6%) 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 (21.0%) . 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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