This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
East Palatka is a very small town located in the state of Florida. With a population of 1,573 people and just one neighborhood, East Palatka is the 401st largest community in Florida.
Occupations and Workforce
Unlike some towns, East Palatka isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in East Palatka are a mix of both white- and blue-collar jobs. Overall, East Palatka is a town of construction workers and builders, sales and office workers, and professionals. There are especially a lot of people living in East Palatka who work in sales jobs (22.12%), teaching (16.24%), and office and administrative support (6.35%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.24% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) East Palatka has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. East Palatka has few renters and college students. But the biggest reason it is quieter in East Palatka than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, East Palatka may be for you.
One downside of living in East Palatka is that it can take a long time to commute to work. In East Palatka, the average commute to work is 38.83 minutes, which is quite a bit higher than the national average.
East Palatka is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Demographics
The percentage of adults in East Palatka with college degrees is slightly lower than the national average of 21.84% for all communities. 14.04% of adults in East Palatka have a bachelor's degree or advanced degree.
The per capita income in East Palatka in 2022 was $47,900, which is upper middle income relative to Florida, and wealthy relative to the rest of the US. This equates to an annual income of $191,600 for a family of four. However, East Palatka contains both very wealthy and poor people as well.
East Palatka is an extremely ethnically-diverse town. The people who call East Palatka home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of East Palatka residents report their race to be White, followed by Black or African-American. Important ancestries of people in East Palatka include English, African, Welsh, European, and Irish.
The most common language spoken in East Palatka is English. Other important languages spoken here include Spanish and French Creole.
Notable & Unique Neighborhood Characteristics
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 Ä¢¹½ÊÓƵ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But Ä¢¹½ÊÓƵ's analysis revealed that households in the neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. Ä¢¹½ÊÓƵ's Analysis reveals that 45.0% of the households here have four, five, or more cars. That is more cars per household than in 99.2% of the neighborhoods in the nation.
People
Of particular note, 10.8% of the people in the neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, if you're planning where to retire, the neighborhood in East Palatka is a great option to consider. According to Ä¢¹½ÊÓƵ's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in FL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.7% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.
Diversity
Did you know that the neighborhood has more English and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.3% of this neighborhood's residents have English ancestry and 2.3% have Welsh 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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in East Palatka are middle-income, making it a moderate income neighborhood. Ä¢¹½ÊÓƵ's exclusive analysis reveals that this neighborhood has a higher income than 48.1% of the neighborhoods in America. With 30.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.1% 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 neighborhood, 31.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.2%), and 9.3% in clerical, assistant, and tech support occupations.
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 neighborhood is English, spoken by 95.2% of households. Other important languages spoken here include Spanish and Italian.
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 neighborhood in East Palatka, FL, residents most commonly identify their ethnicity or ancestry as English (24.3%). There are also a number of people of German ancestry (7.0%), and residents who report Sub-Saharan African roots (5.0%), and some of the residents are also of African ancestry (5.0%), along with some Irish ancestry residents (4.7%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (30.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.4%) 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 (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
