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Real Estate Prices & Overview

SW 24 Ave / Plaza Blvd median real estate price is $227,684, which is less expensive than 83.5% of Florida neighborhoods and 75.5% of all U.S. neighborhoods.

The average rental price in SW 24 Ave / Plaza Blvd is currently $1,929, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.0% of Florida neighborhoods.

SW 24 Ave / Plaza Blvd is an urban neighborhood (based on population density) located in Gainesville, Florida.

SW 24 Ave / Plaza Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the SW 24 Ave / Plaza Blvd 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.

SW 24 Ave / Plaza Blvd has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.2% 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

An extraordinary 29.0% of the residents of the SW 24 Ave / Plaza Blvd neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the most interesting things about the SW 24 Ave / Plaza Blvd neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.3% of the neighborhoods in America.

Also, one of the unique characteristics of the SW 24 Ave / Plaza Blvd neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.1% of the neighborhoods in America.

Real Estate

91.7% of the real estate in the SW 24 Ave / Plaza Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the SW 24 Ave / Plaza Blvd neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the real estate in the SW 24 Ave / Plaza Blvd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 76.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.

Diversity

Did you know that the SW 24 Ave / Plaza Blvd neighborhood has more Brazilian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Brazilian ancestry and 2.9% have Haitian ancestry.

The Neighbors

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 SW 24 Ave / Plaza Blvd neighborhood in Gainesville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.1% of U.S. neighborhoods. In addition, 5.6% 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 62.3% of America'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 SW 24 Ave / Plaza Blvd neighborhood, 33.7% 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 32.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.4%), and 14.7% in manufacturing and laborer 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 SW 24 Ave / Plaza Blvd neighborhood is English, spoken by 74.0% of households. Other important languages spoken here include Spanish and French.

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 SW 24 Ave / Plaza Blvd neighborhood in Gainesville, FL, residents most commonly identify their ethnicity or ancestry as Irish (11.7%). There are also a number of people of German ancestry (7.6%), and residents who report English roots (6.7%), and some of the residents are also of South American ancestry (5.5%), along with some Italian ancestry residents (5.0%), among others. In addition, 20.5% 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 SW 24 Ave / Plaza Blvd neighborhood spend under 15 minutes commuting one-way to work (44.6% of working residents), one of the shortest commutes across America.

Here most residents (58.6%) 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 (18.7%) and 8.4% of residents also ride the bus for their daily commute. 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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