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Real Estate Prices & Overview

Polk City East median real estate price is $402,529, which is more expensive than 45.8% of the neighborhoods in Florida and 54.3% of the neighborhoods in the U.S.

The average rental price in Polk City East is currently $1,829, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.9% of Florida neighborhoods.

Polk City East is a remote neighborhood (based on population density) located in Polk City, Florida.

Polk City East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Polk City East 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 Polk City East. The current real estate vacancy rate here is 30.1%. This is higher than the rate of vacancies in 95.2% 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 Polk City, the Polk City East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An interesting characteristic about the Polk City East neighborhood is that there are more incarcerated people living here than 99.7% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

In addition, the Polk City East neighborhood is unique for having just 5.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.2% of America's neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.8% of all neighborhoods in America, with 47.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 30.1% of the residential real estate vacant, the Polk City East neighborhood claims the distinction of having a higher vacancy rate than 95.2% 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.

Occupations

There are more people living in the Polk City East neighborhood employed as sales and service workers (61.5%) 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.

Diversity

Significantly, 0.7% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Polk City East neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Polk City East neighborhood in Polk City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.0% of U.S. neighborhoods. In addition, 7.8% 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 55.7% 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 Polk City East neighborhood, 38.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 10.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Polk City East neighborhood is English, spoken by 81.8% of households. Some people also speak Spanish (14.0%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Polk City East neighborhood in Polk City, FL, residents most commonly identify their ethnicity or ancestry as Irish (11.0%). There are also a number of people of German ancestry (9.8%), and residents who report Italian roots (7.8%), and some of the residents are also of Puerto Rican ancestry (7.4%), along with some English ancestry residents (6.6%), 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 Polk City East neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.5%) 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 (5.9%) . 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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