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Real Estate Prices & Overview

Shady Oak Farms median real estate price is $800,421, which is more expensive than 79.2% of the neighborhoods in Florida and 80.4% of the neighborhoods in the U.S.

The average rental price in Shady Oak Farms is currently $3,571, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.5% of the neighborhoods in Florida.

Shady Oak Farms is a suburban neighborhood (based on population density) located in Clearwater, Florida.

Shady Oak Farms real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Shady Oak Farms 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.

Real estate vacancies in Shady Oak Farms are 4.7%, which is lower than one will find in 68.6% of American neighborhoods. Demand for real estate in Shady Oak Farms is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Clearwater, the Shady Oak Farms neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Shady Oak Farms stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.9% of the residential real estate here was built in this one time period.

People

Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Shady Oak Farms neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Shady Oak Farms neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.7% executive lifestyle neighborhoods in the state of Florida.

Diversity

Did you know that the Shady Oak Farms neighborhood has more Brazilian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Brazilian ancestry and 2.8% have Greek ancestry.

Shady Oak Farms is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.5% 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 Shady Oak Farms neighborhood in Clearwater are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.9% of the neighborhoods in America. With 40.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.1% 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 Shady Oak Farms neighborhood, 55.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.4%), and 2.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Shady Oak Farms neighborhood is English, spoken by 78.0% of households. Some people also speak Spanish (8.8%).

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 Shady Oak Farms neighborhood in Clearwater, FL, residents most commonly identify their ethnicity or ancestry as English (15.2%). There are also a number of people of German ancestry (12.6%), and residents who report Irish roots (10.1%), and some of the residents are also of Italian ancestry (7.0%), along with some Mexican ancestry residents (5.5%), among others. In addition, 15.3% of the residents of this neighborhood were born in another country.

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 Shady Oak Farms neighborhood spend between 30 and 45 minutes commuting one-way to work (40.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.6%) 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 (6.1%) . 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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