REAL ESTATE PRICES AND OVERVIEW

Grand Park / Edward Waters College median real estate price is $79,577, which is less expensive than 95.3% of Florida neighborhoods and 89.8% of all U.S. neighborhoods.

The average rental price in Grand Park / Edward Waters College is currently $582, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of Florida neighborhoods.

Grand Park / Edward Waters College is an urban neighborhood (based on population density) located in Jacksonville, Florida.

Grand Park / Edward Waters College 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 occupied by a mixture of owners and renters. Many of the residences in the Grand Park / Edward Waters College neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Grand Park / Edward Waters College. The current real estate vacancy rate here is 27.0%. This is higher than the rate of vacancies in 92.3% 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.

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.

NOTABLE & UNIQUE: DIVERSITY

Did you know that the Grand Park / Edward Waters College neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.3% of this neighborhood's residents have African ancestry.

NOTABLE & UNIQUE: PEOPLE

One of the unique characteristics of the Grand Park / Edward Waters College neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.7% of the neighborhoods in America.

THE NEIGHBORS

THE NEIGHBORS: INCOME

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 Grand Park / Edward Waters College neighborhood in Jacksonville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.7% of U.S. neighborhoods. With 42.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.6% of U.S. neighborhoods.

THE NEIGHBORS: OCCUPATIONS

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 Grand Park / Edward Waters College neighborhood, 41.3% 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 clerical, assistant, and tech support occupations, with 25.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.0%), and 15.0% in manufacturing and laborer occupations.

THE NEIGHBORS: 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 Grand Park / Edward Waters College neighborhood in Jacksonville, FL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.3%). There are also a number of people of African ancestry (15.3%), and residents who report Jamaican roots (4.5%).

THE NEIGHBORS: LANGUAGES

The most common language spoken in the Grand Park / Edward Waters College neighborhood is English, spoken by 98.0% of households.

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 Grand Park / Edward Waters College neighborhood spend between 15 and 30 minutes commuting one-way to work (42.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.0%) and 10.2% of residents also carpool with coworkers, friends, or neighbors 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.