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Real Estate Prices & Overview

Palms of Archer / Finley Woods median real estate price is $479,369, which is more expensive than 58.3% of the neighborhoods in Florida and 64.4% of the neighborhoods in the U.S.

The average rental price in Palms of Archer / Finley Woods is currently $2,000, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.8% of Florida neighborhoods.

Palms of Archer / Finley Woods is a rural neighborhood (based on population density) located in Gainesville, Florida.

Palms of Archer / Finley Woods real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Palms of Archer / Finley Woods 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 Palms of Archer / Finley Woods. The current real estate vacancy rate here is 17.8%. This is higher than the rate of vacancies in 83.4% 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 Gainesville, the Palms of Archer / Finley Woods neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Palms of Archer / Finley Woods neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Palms of Archer / Finley Woods community truly stands out from the rest in this regard.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.8% of all neighborhoods in America, with 32.1% 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.

Diversity

Did you know that the Palms of Archer / Finley Woods neighborhood has more Brazilian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Brazilian ancestry and 1.8% have Lebanese 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 Palms of Archer / Finley Woods neighborhood in Gainesville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.8% of the neighborhoods in America. 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.

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 Palms of Archer / Finley Woods neighborhood, 56.0% 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 19.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.3%), and 5.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Palms of Archer / Finley Woods neighborhood is English, spoken by 84.0% of households. Some people also speak Spanish (9.2%).

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 Palms of Archer / Finley Woods neighborhood in Gainesville, FL, residents most commonly identify their ethnicity or ancestry as German (14.8%). There are also a number of people of Irish ancestry (10.8%), and residents who report English roots (10.1%), and some of the residents are also of French ancestry (5.0%), along with some Asian ancestry residents (4.3%), among others. In addition, 16.2% of the residents of this neighborhood were born in another country.

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 Palms of Archer / Finley Woods neighborhood spend between 15 and 30 minutes commuting one-way to work (58.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.9%) 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 (19.7%) . 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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