Silverlake median real estate price is $450,602, which is more expensive than 53.1% of the neighborhoods in Florida and 60.8% of the neighborhoods in the U.S.
The average rental price in Silverlake is currently $2,474, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.8% of Florida neighborhoods.
Silverlake is a suburban neighborhood (based on population density) located in Bradenton, Florida.
Silverlake 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 Silverlake 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 Silverlake. The current real estate vacancy rate here is 20.7%. This is higher than the rate of vacancies in 87.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (18.6%). 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.
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 Bradenton, the Silverlake neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The real estate in this neighborhood consists of more mobile homes than 98.9% of all neighborhoods in America, with 48.0% 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.
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 Silverlake neighborhood may actually hold the key. 73.2% of its residents are married, which is a higher percentage than is found in 98.3% of the neighborhoods in America.
In addition, if you're planning where to retire, the Silverlake neighborhood in Bradenton 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 86.5% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for first-time home buyers.
Did you know that the Silverlake neighborhood has more French Canadian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have French Canadian ancestry and 0.6% have Belgian ancestry.
Silverlake is also pretty special linguistically. Significantly, 6.1% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Silverlake neighborhood in Bradenton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.0% of the neighborhoods in America. With 37.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.3% 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 Silverlake neighborhood, 36.9% 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 33.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 13.7% in manufacturing and laborer occupations.
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 Silverlake neighborhood is English, spoken by 80.3% of households. Other important languages spoken here include Spanish, Vietnamese and Chinese.
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 Silverlake neighborhood in Bradenton, FL, residents most commonly identify their ethnicity or ancestry as English (14.0%). There are also a number of people of German ancestry (13.9%), and residents who report Asian roots (9.5%), and some of the residents are also of Italian ancestry (8.6%), along with some Irish ancestry residents (8.6%), among others. In addition, 14.7% of the residents of this neighborhood were born in another country.
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 Silverlake neighborhood spend between 15 and 30 minutes commuting one-way to work (49.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.6%) 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 (8.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.