Banyan Trace / Country Club Estates median real estate price is $370,446, which is less expensive than 61.3% of Florida neighborhoods and 50.0% of all U.S. neighborhoods.
The average rental price in Banyan Trace / Country Club Estates is currently $2,738, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.7% of Florida neighborhoods.
Banyan Trace / Country Club Estates is a suburban neighborhood (based on population density) located in Cape Coral, Florida.
Banyan Trace / Country Club Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Banyan Trace / Country Club Estates 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 Banyan Trace / Country Club Estates. The current real estate vacancy rate here is 26.7%. This is higher than the rate of vacancies in 93.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.7%). 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Did you know that the Banyan Trace / Country Club Estates neighborhood has more Lebanese and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Lebanese ancestry and 1.3% have Brazilian ancestry.
Banyan Trace / Country Club Estates is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.0% 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 Banyan Trace / Country Club Estates neighborhood in Cape Coral are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.8% of U.S. neighborhoods. With 12.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.2% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Banyan Trace / Country Club Estates neighborhood, 50.0% 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 19.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.3%), and 14.8% in clerical, assistant, and tech support 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 Banyan Trace / Country Club Estates neighborhood is English, spoken by 88.9% of households. Other important languages spoken here include Spanish and Polish.
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 Banyan Trace / Country Club Estates neighborhood in Cape Coral, FL, residents most commonly identify their ethnicity or ancestry as German (17.3%). There are also a number of people of English ancestry (13.7%), and residents who report Italian roots (13.4%), and some of the residents are also of Irish ancestry (12.3%), along with some Cuban ancestry residents (3.7%), among others. In addition, 11.8% of the residents of this neighborhood were born in another country.
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 Banyan Trace / Country Club Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (33.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.5%) 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 (5.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.