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Real Estate Prices & Overview

Palm Beach Gardens Estates median real estate price is $686,063, which is more expensive than 81.1% of the neighborhoods in Florida and 79.8% of the neighborhoods in the U.S.

The average rental price in Palm Beach Gardens Estates is currently $3,894, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.6% of the neighborhoods in Florida.

Palm Beach Gardens Estates is a suburban neighborhood (based on population density) located in Palm Beach Gardens, Florida.

Palm Beach Gardens Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Palm Beach Gardens Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Palm Beach Gardens Estates, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.3% of all neighborhoods in the U.S. This means that the housing supply in Palm Beach Gardens Estates 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 Palm Beach Gardens, the Palm Beach Gardens Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Palm Beach Gardens Estates neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Palm Beach Gardens Estates neighborhood has more French and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.2% of this neighborhood's residents have French ancestry and 16.9% have Italian ancestry.

Palm Beach Gardens Estates is also pretty special linguistically. Significantly, 7.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.1% 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 Palm Beach Gardens Estates neighborhood in Palm Beach Gardens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.1% 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 Palm Beach Gardens Estates neighborhood, 42.8% 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 30.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 10.9% in clerical, assistant, and tech support 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 Palm Beach Gardens Estates neighborhood is English, spoken by 85.2% of households. Other important languages spoken here include Spanish and Italian.

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 Palm Beach Gardens Estates neighborhood in Palm Beach Gardens, FL, residents most commonly identify their ethnicity or ancestry as Italian (16.9%). There are also a number of people of Irish ancestry (14.6%), and residents who report French roots (11.2%), and some of the residents are also of German ancestry (11.1%), along with some English ancestry residents (8.4%), among others.

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 Palm Beach Gardens Estates neighborhood spend under 15 minutes commuting one-way to work (40.4% of working residents), one of the shortest commutes across America.

Here most residents (81.5%) 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 (9.0%) . 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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