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Real Estate Prices & Overview

Treasure Coast North median real estate price is $175,177, which is less expensive than 91.3% of Florida neighborhoods and 83.5% of all U.S. neighborhoods.

The average rental price in Treasure Coast North is currently $1,811, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.6% of Florida neighborhoods.

Treasure Coast North is a suburban neighborhood (based on population density) located in Sebastian, Florida.

Treasure Coast North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Treasure Coast North 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 Treasure Coast North. The current real estate vacancy rate here is 31.0%. This is higher than the rate of vacancies in 95.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (21.0%). 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.

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 Sebastian, the Treasure Coast North 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 Treasure Coast North 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 Treasure Coast North community truly stands out from the rest in this regard.

Real Estate

The Treasure Coast North neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 77.0% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.9% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, owner-occupied real estate dominates the Treasure Coast North neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.8% of neighborhoods in America. Despite all of the residential real estate here in the Treasure Coast North 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 31.0%, which is higher than 95.1% of all U.S. neighborhoods.

Furthermore, the Treasure Coast North 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 86.0% 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.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Treasure Coast North 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, 80.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Treasure Coast North neighborhood has more Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Canadian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Treasure Coast North neighborhood in Sebastian are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.0% 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.

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 Treasure Coast North neighborhood, 49.4% 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 22.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.3%), and 12.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Treasure Coast North neighborhood is English, spoken by 98.7% of households. Some people also speak Polish (4.6%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Treasure Coast North neighborhood in Sebastian, FL, residents most commonly identify their ethnicity or ancestry as German (27.5%). There are also a number of people of English ancestry (13.3%), and residents who report Irish roots (11.8%), and some of the residents are also of Polish ancestry (7.6%), along with some Italian ancestry residents (7.2%), among others.

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 Treasure Coast North neighborhood spend between 30 and 45 minutes commuting one-way to work (40.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.7%) 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 (18.3%) . 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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