Holden Parramore median real estate price is $333,738, which is less expensive than 68.2% of Florida neighborhoods and 54.5% of all U.S. neighborhoods.
The average rental price in Holden Parramore is currently $1,214, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.4% of Florida neighborhoods.
Holden Parramore is a suburban neighborhood (based on population density) located in Orlando, Florida.
Holden Parramore real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Holden Parramore 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 Holden Parramore. The current real estate vacancy rate here is 50.7%. This is higher than the rate of vacancies in 98.7% 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.
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.
Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Holden Parramore neighborhood is a fantastic option for bicycle commuters, as 18.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 100.0% of the neighborhoods in America.
Also, more people in Holden Parramore choose to walk to work each day (25.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
People
One of the unique characteristics of the Holden Parramore neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.8% of the neighborhoods in America. The Holden Parramore neighborhood also has a greater percentage of children living in poverty (72.7%) than found in 98.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, holden Parramore has the amazing distinction of housing more same sex couples living together than 97.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Also, the Holden Parramore neighborhood is unique for having just 5.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.7% of America's neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Holden Parramore neighborhood has a highly unusual pattern of car ownership. 68.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
Real Estate
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 50.7% of the residential real estate vacant, the Holden Parramore neighborhood claims the distinction of having a higher vacancy rate than 98.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, the Holden Parramore neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Holden Parramore neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 35.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.
Diversity
Did you know that the Holden Parramore neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.4% of this neighborhood's residents have Haitian ancestry and 5.5% have Jamaican ancestry.
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 Holden Parramore neighborhood in Orlando are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 72.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.8% 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 Holden Parramore neighborhood, 37.5% 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 executive, management, and professional occupations, with 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 16.2% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Holden Parramore neighborhood is English, spoken by 96.4% of households. Some people also speak Spanish (2.5%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Holden Parramore neighborhood in Orlando, FL, residents most commonly identify their ethnicity or ancestry as Haitian (31.4%). There are also a number of people of Sub-Saharan African ancestry (5.5%), and residents who report Jamaican roots (5.5%), and some of the residents are also of African ancestry (5.5%), along with some German ancestry residents (2.7%), among others.
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 Holden Parramore neighborhood spend between 15 and 30 minutes commuting one-way to work (51.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (51.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.0%) and 18.4% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
