menu






Real Estate Prices & Overview

New River Estates / Lakeside Villas median real estate price is $586,426, which is more expensive than 72.4% of the neighborhoods in Florida and 73.7% of the neighborhoods in the U.S.

The average rental price in New River Estates / Lakeside Villas is currently $5,355, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.0% of the neighborhoods in Florida.

New River Estates / Lakeside Villas is a suburban neighborhood (based on population density) located in Sunrise, Florida.

New River Estates / Lakeside Villas 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 New River Estates / Lakeside Villas 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 New River Estates / Lakeside Villas, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.3% of all neighborhoods in the U.S. This means that the housing supply in New River Estates / Lakeside Villas is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the New River Estates / Lakeside Villas 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, 92.4% of the residential real estate here was built in this one time period.

In addition, if you love row houses and attached homes, you will probably really like the New River Estates / Lakeside Villas neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 28.6% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

A unique way of commuting is simply not to. And in the New River Estates / Lakeside Villas neighborhood, analysis shows that 31.6% 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 97.7% 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.

People

The New River Estates / Lakeside Villas neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 9.4% of family-friendly neighborhoods in the state of Florida. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Diversity

Did you know that the New River Estates / Lakeside Villas neighborhood has more South American and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.2% of this neighborhood's residents have South American ancestry and 9.6% have Russian ancestry.

New River Estates / Lakeside Villas is also pretty special linguistically. Significantly, 62.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.2% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the New River Estates / Lakeside Villas neighborhood. What is interesting to note, is that the New River Estates / Lakeside Villas neighborhood has a greater percentage of residents born in another country (45.0%) than are found in 96.1% of all U.S. neighborhoods.

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 New River Estates / Lakeside Villas neighborhood in Sunrise are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.2% of the neighborhoods in America. With 16.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.8% of U.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 New River Estates / Lakeside Villas neighborhood, 52.0% 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 27.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.3%), and 7.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the New River Estates / Lakeside Villas neighborhood is Spanish, spoken by 62.4% of households. Some people also speak English (31.9%).

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 New River Estates / Lakeside Villas neighborhood in Sunrise, FL, residents most commonly identify their ethnicity or ancestry as South American (34.2%). There are also a number of people of Cuban ancestry (11.2%), and residents who report Russian roots (9.6%), and some of the residents are also of Puerto Rican ancestry (8.7%), along with some Italian ancestry residents (8.1%), among others. In addition, 45.0% 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 New River Estates / Lakeside Villas neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.4%) 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 (11.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby