Heritage Woods / South Beach median real estate price is $1,432,732, which is more expensive than 97.1% of the neighborhoods in South Carolina and 91.1% of the neighborhoods in the U.S.
The average rental price in Heritage Woods / South Beach is currently $6,092, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 100.0% of the neighborhoods in South Carolina.
Heritage Woods / South Beach is a rural neighborhood (based on population density) located in Hilton Head Island, South Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Heritage Woods / South Beach real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Heritage Woods / South Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Heritage Woods / South Beach. The current real estate vacancy rate here is 66.6%. This is higher than the rate of vacancies in 99.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (61.0%). 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Heritage Woods / South Beach neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Heritage Woods / South Beach is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of. One of the notable things about Heritage Woods / South Beach is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, owner-occupied real estate dominates the Heritage Woods / South Beach neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.1% of neighborhoods in America. Despite all of the residential real estate here in the Heritage Woods / South Beach neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 66.6%, which is higher than 99.6% of all U.S. neighborhoods.
Of note is NeighborhoodScout's research finding that the Heritage Woods / South Beach 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 Heritage Woods / South Beach community truly stands out from the rest in this regard.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 87.0% of the adults living in the Heritage Woods / South Beach neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, a majority of the adults in the Heritage Woods / South Beach neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for South Carolina by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.8% of the neighborhoods in South Carolina. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees and urban sophisticates.
Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.5% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Heritage Woods / South Beach neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In the Heritage Woods / South Beach neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 62.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 100.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Executives, managers and professionals make up 79.4% of the workforce in the Heritage Woods / South Beach neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Heritage Woods / South Beach neighborhood has more English and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.7% of this neighborhood's residents have English ancestry and 9.3% have Swedish ancestry.
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 Heritage Woods / South Beach neighborhood in Hilton Head Island are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.6% 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.
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 Heritage Woods / South Beach neighborhood, 79.4% 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 11.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.3%), and 4.3% in manufacturing and laborer occupations.
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 Heritage Woods / South Beach neighborhood is English, spoken by 93.3% of households. Other important languages spoken here include Spanish and Polish.
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 Heritage Woods / South Beach neighborhood in Hilton Head Island, SC, residents most commonly identify their ethnicity or ancestry as English (42.7%). There are also a number of people of German ancestry (14.5%), and residents who report Italian roots (11.1%), and some of the residents are also of Swedish ancestry (9.3%), along with some Irish ancestry residents (9.1%), among others.
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 Heritage Woods / South Beach neighborhood spend between 15 and 30 minutes commuting one-way to work (44.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (35.0%) 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.