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Real Estate Prices & Overview

Beacon On Third / Charles Court median real estate price is $698,475, which is more expensive than 64.6% of the neighborhoods in Florida and 66.8% of the neighborhoods in the U.S.

The average rental price in Beacon On Third / Charles Court is currently $3,392, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.0% of the neighborhoods in Florida.

Beacon On Third / Charles Court is a suburban neighborhood (based on population density) located in St. Petersburg, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Beacon On Third / Charles Court 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Beacon On Third / Charles Court neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Beacon On Third / Charles Court. The current real estate vacancy rate here is 28.9%. This is higher than the rate of vacancies in 94.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 St. Petersburg, the Beacon On Third / Charles Court neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Beacon On Third / Charles Court neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Beacon On Third / Charles Court is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in the Beacon On Third / Charles Court 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, 91.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.4% of American neighborhoods.

Furthermore, the Beacon On Third / Charles Court 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 90.8% 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.

Also of note, homes built from 2000 through today make up a higher proportion of the Beacon On Third / Charles Court neighborhood's real estate landscape than 96.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 73.9% of the residential real estate here is classified as newer.

People

In a nation where 1 out of every 4 children lives in poverty, the Beacon On Third / Charles Court neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's analysis shows that the Beacon On Third / Charles Court neighborhood has a greater concentration of residents currently enrolled in college than 98.7% of the neighborhoods in the U.S. With 32.6% of the population here attending college, this is very much a college-focused neighborhood.

Modes of Transportation

In the Beacon On Third / Charles Court neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.6% of residents here. This is a higher proportion of walking commuters than we found in 97.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Occupations

There are more people living in the Beacon On Third / Charles Court neighborhood employed as sales and service workers (61.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Furthermore, the Beacon On Third / Charles Court neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.2% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Beacon On Third / Charles Court neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Beacon On Third / Charles Court neighborhood has more Russian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Russian ancestry and 11.4% have Polish ancestry.

Beacon On Third / Charles Court is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

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 Beacon On Third / Charles Court neighborhood in St. Petersburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Beacon On Third / Charles Court neighborhood, 54.1% 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 38.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (4.1%), and 3.4% 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 Beacon On Third / Charles Court neighborhood is English, spoken by 89.6% of households. Other important languages spoken here include German/Yiddish and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Beacon On Third / Charles Court neighborhood in St. Petersburg, FL, residents most commonly identify their ethnicity or ancestry as German (18.5%). There are also a number of people of Irish ancestry (17.2%), and residents who report Polish roots (11.4%), and some of the residents are also of English ancestry (8.4%), along with some Italian ancestry residents (6.0%), among others. In addition, 12.4% 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 Beacon On Third / Charles Court neighborhood spend under 15 minutes commuting one-way to work (47.1% of working residents), one of the shortest commutes across America.

Here most residents (57.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (14.6%) . 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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