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Real Estate Prices & Overview

North Lauderdale Village median real estate price is $443,125, which is more expensive than 52.6% of the neighborhoods in Florida and 60.4% of the neighborhoods in the U.S.

The average rental price in North Lauderdale Village is currently $4,095, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.1% of the neighborhoods in Florida.

North Lauderdale Village is an urban neighborhood (based on population density) located in North Lauderdale, Florida.

North Lauderdale Village 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 North Lauderdale Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In North Lauderdale Village, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.0% of all neighborhoods in the U.S. This means that the housing supply in North Lauderdale Village is very tight compared to the demand for property here.

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 North Lauderdale, the North Lauderdale Village 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 North Lauderdale Village 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, 89.2% of the residential real estate here was built in this one time period.

People

With a nice mix of college students, safety from crime, and decent walkability, the North Lauderdale Village neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.0% of the neighborhoods in FL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the North Lauderdale Village neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.3% of this neighborhood's residents have Haitian ancestry and 18.2% have Jamaican ancestry.

North Lauderdale Village is also pretty special linguistically. Significantly, 22.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the North Lauderdale Village neighborhood. What is interesting to note, is that the North Lauderdale Village neighborhood has a greater percentage of residents born in another country (44.7%) than are found in 96.0% of all U.S. neighborhoods.

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 North Lauderdale Village neighborhood in North Lauderdale are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.0% of U.S. neighborhoods. With 32.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.5% 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 North Lauderdale Village neighborhood, 33.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.4%), and 17.0% in executive, management, and professional occupations.

Languages

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 North Lauderdale Village neighborhood is English, spoken by 57.5% of households. Other important languages spoken here include French and Spanish.

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 North Lauderdale Village neighborhood in North Lauderdale, FL, residents most commonly identify their ethnicity or ancestry as Haitian (23.3%). There are also a number of people of Jamaican ancestry (18.2%), and residents who report Dominican roots (4.3%), and some of the residents are also of Italian ancestry (3.2%), along with some Mexican ancestry residents (3.0%), among others. In addition, 44.7% 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 North Lauderdale Village neighborhood spend between 30 and 45 minutes commuting one-way to work (38.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.6%) 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 (10.2%) . 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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