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Real Estate Prices & Overview

Median real estate price in the City Center of Marathon is $746,205, which is more expensive than 80.1% of the neighborhoods in Florida and 80.1% of the neighborhoods in the U.S.

The average rental price in Marathon City Center is currently $1,970, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.8% of Florida neighborhoods.

Marathon City Center is a rural neighborhood (based on population density) located in Marathon, Florida.

Real estate in the City Center of Marathon, FL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. 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 Marathon City Center. The current real estate vacancy rate here is 35.5%. This is higher than the rate of vacancies in 96.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.2%). 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 Marathon, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Marathon City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Marathon City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 77.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Marathon City Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.9% of all American neighborhoods.

Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Marathon City Center neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 3.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 95.3% of U.S. neighborhoods.

Modes of Transportation

In the Marathon City Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 17.0% of residents here. This is a higher proportion of walking commuters than we found in 97.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.3% of all neighborhoods in America, with 37.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 35.5% of the residential real estate vacant, the Marathon City Center neighborhood claims the distinction of having a higher vacancy rate than 96.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Diversity

Did you know that the Marathon City Center neighborhood has more Cuban and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.8% of this neighborhood's residents have Cuban ancestry and 4.7% have Haitian ancestry.

Marathon City Center is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.9% 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 Marathon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.4% of U.S. neighborhoods. With 17.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Marathon City Center neighborhood, 42.8% 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 manufacturing and laborer occupations, with 31.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.7%), and 7.7% in government jobs, whether they are in local, state, or federal positions.

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 Marathon City Center neighborhood is English, spoken by 55.1% of households. Other important languages spoken here include Spanish, Italian, French and Polish.

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 Marathon, FL, residents most commonly identify their ethnicity or ancestry as Cuban (24.8%). There are also a number of people of Mexican ancestry (10.5%), and residents who report German roots (9.7%), and some of the residents are also of Irish ancestry (7.0%), along with some Italian ancestry residents (5.3%), among others. In addition, 37.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Marathon City Center neighborhood spend under 15 minutes commuting one-way to work (77.2% of working residents), one of the shortest commutes across America.

Here most residents (54.3%) 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 (20.3%) and 17.0% of residents also hop out the door and walk to work 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.


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