Viera, FL
Featured Community Listings
ABOUT MELBOURNE, FL (VIERA EAST)
Viera, Florida median real estate price is $395,303, which is more expensive than 59.1% of the neighborhoods in Florida and 63.8% of the neighborhoods in the U.S.
The average rental price in Viera East is currently $3,168, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 86.1% of the neighborhoods in Florida.
Viera, Florida is a suburban neighborhood (based on population density) located in Melbourne, Florida.
Viera, Florida 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 Viera East 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.
In Viera East, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 91.1% of all neighborhoods in the U.S. This means that the housing supply in Viera East is very tight compared to the demand for property here.
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.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Viera, Florida neighborhood, analysis shows that 21.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.4% of the neighborhoods in the United States. One thing NeighborhoodScout’s research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Notable & Unique: People
The Viera East neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout’s analysis ranks it as better than 93.8% of Florida neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.
Notable & Unique: Diversity
Did you know that the Viera East neighborhood has more British and Cuban ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 2.5% of this neighborhood’s residents have British ancestry and 2.3% have Cuban ancestry.
Viera East is also pretty special linguistically. Significantly, 9.4% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
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 Viera East neighborhood in Melbourne are upper-middle income, making it an above average income neighborhood. NeighborhoodScout’s exclusive analysis reveals that this neighborhood has a higher income than 76.0% of the neighborhoods in America. In addition, 2.1% 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 75.7% 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 Viera East neighborhood, 52.9% 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 20.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.4%), and 9.3% in clerical, assistant, and tech support 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 Viera East neighborhood is English, spoken by 94.2% of households. Other important languages spoken here include Italian and Spanish.
this information was found on neighborhoodscout.com