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Real Estate Prices & Overview

Portico / Ranco Eighty median real estate price is $506,113, which is more expensive than 71.1% of the neighborhoods in Florida and 72.6% of the neighborhoods in the U.S.

The average rental price in Portico / Ranco Eighty is currently $2,811, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.1% of Florida neighborhoods.

Portico / Ranco Eighty is a suburban neighborhood (based on population density) located in Alva, Florida.

Portico / Ranco Eighty real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Portico / Ranco Eighty 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 Portico / Ranco Eighty. The current real estate vacancy rate here is 16.8%. This is higher than the rate of vacancies in 80.6% 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

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.

People

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

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.2% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Portico / Ranco Eighty neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, the Portico / Ranco Eighty neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 5.1% of family-friendly neighborhoods in the state of Florida. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees.

Real Estate

Real estate in the Portico / Ranco Eighty neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.1% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

In addition, homes built from 2000 through today make up a higher proportion of the Portico / Ranco Eighty neighborhood's real estate landscape than 97.1% 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, 76.4% of the residential real estate here is classified as newer.

Diversity

Did you know that the Portico / Ranco Eighty neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Cuban 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 Portico / Ranco Eighty neighborhood in Alva are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.2% 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.

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 Portico / Ranco Eighty neighborhood, 42.4% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.8%), and 10.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Portico / Ranco Eighty neighborhood is English, spoken by 97.1% of households. Some people also speak Spanish (2.9%).

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 Portico / Ranco Eighty neighborhood in Alva, FL, residents most commonly identify their ethnicity or ancestry as Irish (15.7%). There are also a number of people of German ancestry (15.5%), and residents who report English roots (11.1%), and some of the residents are also of Italian ancestry (7.5%), along with some French ancestry residents (3.9%), among others.

Getting to Work

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 Portico / Ranco Eighty neighborhood spend between 30 and 45 minutes commuting one-way to work (45.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.9%) 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 (9.5%) . 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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Crime includes:
Neighborhood Crime Index
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Schools include:
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