Rio Vista’s median real estate price is $1,995,386, which is more expensive than 99.3% of the neighborhoods in Florida and 99.2% of the U.S.
The average rental price in Rio Vista is currently $3,556, based on exclusive analysis. The average rental cost in this neighborhood is higher than 78.8% of the neighborhoods in Florida.
Rio Vista is an urban neighborhood (based on population density) located in Fort Lauderdale, Florida.
Rio Vista real estate comprises medium-sized (three or four-bedroom) to small (studio to two-bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner-occupied. Many Rio Vista neighborhood residences are older, well-established, and built between 1940 and 1969. However, several residences were also built before 1940.
Rio Vista has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.3% of American neighborhoods). However, most vacant housing here is vacant year-round. This could signal a weak demand for real estate in the neighborhood or that much new housing has been built and is yet to be occupied. Either way, you may find many homes or apartments empty if you live here. Pristine Water Damage Restoration
The neighbors in the Rio Vista neighborhood in Fort Lauderdale are wealthy, making it among the 15% highest income neighborhoods in America. An exclusive analysis reveals that this neighborhood has a higher income than 99.6% of the neighborhoods in America. In addition, 4.3% of the children seventeen and under living in this neighborhood live below the federal poverty line, a lower rate of childhood poverty than in 67.4% of America’s communities.
In the Rio Vista neighborhood, 68.7% 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 18.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.4%) and 3.5% in clerical, assistant, and tech support occupations.
In the Rio Vista neighborhood in Fort Lauderdale, FL, residents most commonly identify their ethnicity or ancestry as Irish (19.4%). However, there are also several people of German ancestry (18.6%) and residents who report English roots (16.5%), and some of the residents are also of Italian ancestry (8.0%), along with some Asian ancestry residents (3.7%), among others. In addition, 12.2% of the residents of this neighborhood were born in another country.
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