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Real Estate Prices & Overview

Verolago / Ashley Lakes North median real estate price is $693,649, which is more expensive than 81.2% of the neighborhoods in Florida and 79.9% of the neighborhoods in the U.S.

The average rental price in Verolago / Ashley Lakes North is currently $3,465, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.1% of the neighborhoods in Florida.

Verolago / Ashley Lakes North is a rural neighborhood (based on population density) located in Vero Beach, Florida.

Verolago / Ashley Lakes North real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Verolago / Ashley Lakes North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Verolago / Ashley Lakes North has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.6%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Vero Beach, the Verolago / Ashley Lakes North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Verolago / Ashley Lakes North neighborhood. A whopping 84.8% 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 98.1% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

If you're planning where to retire, the Verolago / Ashley Lakes North neighborhood in Vero Beach is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.9% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the Verolago / Ashley Lakes North neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Haitian ancestry.

Verolago / Ashley Lakes North is also pretty special linguistically. Significantly, 4.1% 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 96.8% 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 Verolago / Ashley Lakes North neighborhood in Vero Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.9% of the neighborhoods in America. In addition, 2.2% 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 74.5% 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 Verolago / Ashley Lakes North neighborhood, 38.2% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 13.6% 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 Verolago / Ashley Lakes North neighborhood is English, spoken by 88.4% of households. Other important languages spoken here include Spanish, French and Polish.

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 Verolago / Ashley Lakes North neighborhood in Vero Beach, FL, residents most commonly identify their ethnicity or ancestry as English (16.1%). There are also a number of people of Italian ancestry (12.0%), and residents who report German roots (11.7%), and some of the residents are also of Irish ancestry (11.7%), along with some South American ancestry residents (5.2%), 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 Verolago / Ashley Lakes North neighborhood spend under 15 minutes commuting one-way to work (44.3% of working residents), one of the shortest commutes across America.

Here most residents (80.4%) 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 (10.6%) . 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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