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Real Estate Prices & Overview

Median real estate price in the City Center of Coconut Creek is $158,442, which is less expensive than 93.0% of Florida neighborhoods and 86.3% of all U.S. neighborhoods.

The average rental price in Coconut Creek City Center is currently $2,992, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.9% of the neighborhoods in Florida.

Coconut Creek City Center is an urban neighborhood (based on population density) located in Coconut Creek, Florida.

Real estate in the City Center of Coconut Creek, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Coconut Creek City Center. The current real estate vacancy rate here is 30.5%. This is higher than the rate of vacancies in 94.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Coconut Creek, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Coconut Creek City Center neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Coconut Creek City Center community truly stands out from the rest in this regard.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 72.2%. This is a higher percent living alone than we found in 99.8% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

The Coconut Creek City Center 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 99.1% 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.

In addition, the real estate in the Coconut Creek City Center neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 95.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.2% of American neighborhoods.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Coconut Creek City Center stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 92.7% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Coconut Creek City Center neighborhood has more Russian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Russian ancestry and 1.8% have Armenian ancestry.

Coconut Creek City Center is also pretty special linguistically. Significantly, 6.4% 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 98.2% of the neighborhoods in America.

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 City Center neighborhood in Coconut Creek are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.5% of U.S. neighborhoods. 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 Coconut Creek City Center neighborhood, 31.1% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.7%), and 18.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Coconut Creek City Center neighborhood is English, spoken by 74.9% of households. Other important languages spoken here include Spanish and French.

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 City Center neighborhood in Coconut Creek, FL, residents most commonly identify their ethnicity or ancestry as Italian (16.7%). There are also a number of people of Russian ancestry (8.2%), and residents who report German roots (7.7%), and some of the residents are also of Polish ancestry (7.5%), along with some Jamaican ancestry residents (5.3%), among others. In addition, 32.1% of the residents of this neighborhood were born in another country.

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 Coconut Creek City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.9%) drive alone in a private automobile to get to work. 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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