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Real Estate Prices & Overview

Vanderbilt Lakes / Bonita Shores median real estate price is $757,285, which is more expensive than 68.2% of the neighborhoods in Florida and 72.1% of the neighborhoods in the U.S.

The average rental price in Vanderbilt Lakes / Bonita Shores is currently $2,543, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.2% of Florida neighborhoods.

Vanderbilt Lakes / Bonita Shores is a suburban neighborhood (based on population density) located in Bonita Springs, Florida.

Vanderbilt Lakes / Bonita Shores real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Vanderbilt Lakes / Bonita Shores 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.

Vacant apartments or homes are a major fact of life in Vanderbilt Lakes / Bonita Shores. The current real estate vacancy rate here is 39.9%. This is higher than the rate of vacancies in 97.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (33.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 Bonita Springs, the Vanderbilt Lakes / Bonita Shores neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Vanderbilt Lakes / Bonita Shores neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Vanderbilt Lakes / Bonita Shores community truly stands out from the rest in this regard.

In addition, if you're planning where to retire, the Vanderbilt Lakes / Bonita Shores neighborhood in Bonita Springs is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.7% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.

Real Estate

Despite all of the residential real estate here in the Vanderbilt Lakes / Bonita Shores neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.9%, which is higher than 97.5% of all U.S. neighborhoods.

Diversity

Did you know that the Vanderbilt Lakes / Bonita Shores neighborhood has more Brazilian and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian ancestry and 18.3% have Italian 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 Vanderbilt Lakes / Bonita Shores neighborhood in Bonita Springs are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.9% 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 Vanderbilt Lakes / Bonita Shores neighborhood, 43.7% 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 24.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.8%), and 12.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Vanderbilt Lakes / Bonita Shores neighborhood is English, spoken by 90.0% of households. Some people also speak Spanish (6.5%).

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 Vanderbilt Lakes / Bonita Shores neighborhood in Bonita Springs, FL, residents most commonly identify their ethnicity or ancestry as German (22.2%). There are also a number of people of Italian ancestry (18.3%), and residents who report Irish roots (16.6%), and some of the residents are also of English ancestry (10.0%), along with some Polish ancestry residents (3.9%), among others. In addition, 10.5% 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 Vanderbilt Lakes / Bonita Shores neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.3%) drive alone in a private automobile to get to work. 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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