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Real Estate Prices & Overview

Springfield median real estate price is $299,599, which is less expensive than 74.1% of Florida neighborhoods and 60.3% of all U.S. neighborhoods.

The average rental price in Springfield is currently $2,033, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.4% of Florida neighborhoods.

Springfield is a suburban neighborhood (based on population density) located in Pensacola, Florida.

Springfield real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Springfield neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Springfield are 4.6%, which is lower than one will find in 69.5% of American neighborhoods. Demand for real estate in Springfield is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Springfield neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 12.7% of its workforce, this neighborhood has a greater concentration of government workers than 95.1% of U.S. neighborhoods.

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 Springfield neighborhood in Pensacola are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.5% of the neighborhoods in America. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.4% 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 Springfield neighborhood, 38.5% 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 28.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.0%), and 12.7% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Springfield neighborhood is English, spoken by 94.3% of households. Some people also speak Spanish (2.1%).

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 Springfield neighborhood in Pensacola, FL, residents most commonly identify their ethnicity or ancestry as English (12.2%). There are also a number of people of Irish ancestry (8.8%), and residents who report German roots (7.9%), and some of the residents are also of Italian ancestry (2.7%), along with some Polish ancestry residents (2.7%), among others.

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 Springfield neighborhood spend between 15 and 30 minutes commuting one-way to work (65.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.9%) 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 (6.5%) . 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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