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Real Estate Prices & Overview

Marco Shores Hammock Bay / Royal Palm Hammock median real estate price is $788,846, which is more expensive than 89.0% of the neighborhoods in Florida and 86.6% of the neighborhoods in the U.S.

The average rental price in Marco Shores Hammock Bay / Royal Palm Hammock is currently $2,886, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.4% of the neighborhoods in Florida.

Marco Shores Hammock Bay / Royal Palm Hammock is a remote neighborhood (based on population density) located in Naples, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Marco Shores Hammock Bay / Royal Palm Hammock real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Marco Shores Hammock Bay / Royal Palm Hammock 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 Marco Shores Hammock Bay / Royal Palm Hammock. The current real estate vacancy rate here is 60.5%. This is higher than the rate of vacancies in 99.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (50.7%). 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.

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 Naples, the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Marco Shores Hammock Bay / Royal Palm Hammock is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Marco Shores Hammock Bay / Royal Palm Hammock is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of. One of the notable things about Marco Shores Hammock Bay / Royal Palm Hammock is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, despite all of the residential real estate here in the Marco Shores Hammock Bay / Royal Palm Hammock 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 60.5%, which is higher than 99.4% of all U.S. neighborhoods.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood. A whopping 70.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.0% of the neighborhoods in the U.S. Everything here just feels new.

People

In a nation where 1 out of every 4 children lives in poverty, the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, 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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood may actually hold the key. 79.3% of its residents are married, which is a higher percentage than is found in 99.7% of the neighborhoods in America.

Also, if you are planning to retire in Florida, this neighborhood should be on your must-see list. For many reasons, Marco Shores Hammock Bay / Royal Palm Hammock may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.3% of neighborhoods in FL. If a Florida retirement is in your future, this neighborhood should be one of the places you visit.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 27.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.9% of all neighborhoods in America.

Diversity

Did you know that the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood has more Canadian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Canadian ancestry and 3.4% have Lebanese ancestry.

Marco Shores Hammock Bay / Royal Palm Hammock is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood in Naples are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.2% 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.

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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood, 40.3% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 8.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (3.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Marco Shores Hammock Bay / Royal Palm Hammock neighborhood in Naples, FL, residents most commonly identify their ethnicity or ancestry as Irish (22.0%). There are also a number of people of Italian ancestry (20.1%), and residents who report German roots (15.4%), and some of the residents are also of Canadian ancestry (6.7%), along with some Polish ancestry residents (6.4%), among others. In addition, 12.3% 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 Marco Shores Hammock Bay / Royal Palm Hammock neighborhood spend longer than one hour commuting one-way to work (27.4% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (54.9%) 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 (18.1%) . 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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