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Real Estate Prices & Overview

Leamington / Shelter Cove median real estate price is $1,144,318, which is more expensive than 94.9% of the neighborhoods in South Carolina and 87.9% of the neighborhoods in the U.S.

The average rental price in Leamington / Shelter Cove is currently $4,452, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.3% of the neighborhoods in South Carolina.

Leamington / Shelter Cove is a rural neighborhood (based on population density) located in Hilton Head Island, South Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Leamington / Shelter Cove 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 owner occupied. Many of the residences in the Leamington / Shelter Cove 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 Leamington / Shelter Cove. The current real estate vacancy rate here is 69.3%. This is higher than the rate of vacancies in 99.7% 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 Hilton Head Island, the Leamington / Shelter Cove neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Leamington / Shelter Cove is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Leamington / Shelter Cove 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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 69.3% of the residential real estate vacant, the Leamington / Shelter Cove neighborhood claims the distinction of having a higher vacancy rate than 99.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Leamington / Shelter Cove neighborhood may actually hold the key. 76.5% of its residents are married, which is a higher percentage than is found in 99.3% of the neighborhoods in America.

In addition, if you're nearing retirement age, or in retirement, the Leamington / Shelter Cove is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.2% of retiree-friendly neighborhoods in South Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in South Carolina. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Modes of Transportation

In the Leamington / Shelter Cove neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.1% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Leamington / Shelter Cove neighborhood has more Czechoslovakian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Czechoslovakian ancestry and 2.9% have Swiss ancestry.

Leamington / Shelter Cove is also pretty special linguistically. Significantly, 1.7% 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 95.1% 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 Leamington / Shelter Cove neighborhood in Hilton Head Island are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.7% of the neighborhoods in America. With 15.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.5% of U.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 Leamington / Shelter Cove neighborhood, 44.8% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 14.7% 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 Leamington / Shelter Cove neighborhood is English, spoken by 93.0% of households. Other important languages spoken here include Spanish and Polish.

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 Leamington / Shelter Cove neighborhood in Hilton Head Island, SC, residents most commonly identify their ethnicity or ancestry as German (22.6%). There are also a number of people of English ancestry (20.7%), and residents who report Irish roots (16.4%), and some of the residents are also of Italian ancestry (10.3%), along with some Scottish ancestry residents (5.5%), among others.

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 Leamington / Shelter Cove neighborhood spend between 15 and 30 minutes commuting one-way to work (51.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.9%) 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 (5.7%) . 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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