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Real Estate Prices & Overview

49th Avenue Dr E / 8th St E median real estate price is $102,138, which is less expensive than 97.2% of Florida neighborhoods and 94.5% of all U.S. neighborhoods.

The average rental price in 49th Avenue Dr E / 8th St E is currently $2,148, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.4% of Florida neighborhoods.

49th Avenue Dr E / 8th St E is a suburban neighborhood (based on population density) located in Bradenton, Florida.

49th Avenue Dr E / 8th St E real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the 49th Avenue Dr E / 8th St E neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in 49th Avenue Dr E / 8th St E. The current real estate vacancy rate here is 32.4%. This is higher than the rate of vacancies in 95.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (27.6%). 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

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

One of the unique characteristics of the 49th Avenue Dr E / 8th St E neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.3% of the neighborhoods in America. In a nation where 1 out of every 4 children lives in poverty, the 49th Avenue Dr E / 8th St E neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 56.8%. This is a higher percent living alone than we found in 98.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

The 49th Avenue Dr E / 8th St E neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 92.2% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 100.0% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, the 49th Avenue Dr E / 8th St E 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 91.1% 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.

Furthermore, despite all of the residential real estate here in the 49th Avenue Dr E / 8th St E 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 32.4%, which is higher than 95.6% of all U.S. neighborhoods.

Modes of Transportation

In the 49th Avenue Dr E / 8th St E neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.1% of commuters carpool here, which is more than in 98.0% of all U.S. neighborhoods.

Diversity

Did you know that the 49th Avenue Dr E / 8th St E neighborhood has more Lebanese and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Lebanese ancestry and 41.2% have German ancestry.

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 49th Avenue Dr E / 8th St E neighborhood in Bradenton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.3% of U.S. neighborhoods. 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 49th Avenue Dr E / 8th St E neighborhood, 37.1% of the working population is employed in manufacturing and laborer 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 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.6%), and 7.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the 49th Avenue Dr E / 8th St E neighborhood is English, spoken by 99.4% of households.

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 49th Avenue Dr E / 8th St E neighborhood in Bradenton, FL, residents most commonly identify their ethnicity or ancestry as German (41.2%). There are also a number of people of Irish ancestry (16.8%), and residents who report English roots (8.1%), and some of the residents are also of Italian ancestry (7.8%), along with some French ancestry residents (4.7%), 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 49th Avenue Dr E / 8th St E neighborhood spend between 15 and 30 minutes commuting one-way to work (41.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.9%) 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 (27.1%) . 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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