Nurmi Isles - Comprehensive Neighborhood Report by Julie Jones

Comprehensive NeighborhoodReport

FortLauderdale,FL(NurmiIsles)

January03,2025

NeighborhoodBoundary

REALESTATEPRICES&OVERVIEW

Nurmi Isles median real estate price is $2,899,911, which is more expensive than 99.4% of the neighborhoods in Florida and 99.3% of the neighborhoods in the U.S.

The average rental price in Nurmi Isles is currently $3,587, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.8% of the neighborhoods in Florida.

Nurmi Isles is a suburban neighborhood (based on population density) located in Fort Lauderdale, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Nurmi Isles real estate is primarily made up of 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 of the residences in the Nurmi Isles neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Nurmi Isles. The current real estate vacancy rate here is 35.3%. This is higher than the rate of vacancies in 96.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (18.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily lled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may nd that a number of buildings in your neighborhood are actually empty.

NOTABLE&UNIQUENEIGHBORHOODCHARACTERISTICS

When you see a neighborhood for the rst 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

Nurmi Isles is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less nancially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Nurmi Isles is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, vacant homes and apartments are a signicant characteristic of this neighborhood. In fact, with 35.3% of the residential real estate vacant, the Nurmi Isles neighborhood claims the distinction of having a higher vacancy rate than 96.5% 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.

People

Of note is NeighborhoodScout's research nding that the Nurmi Isles 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 Nurmi Isles community truly stands out from the rest in this regard.

In addition, the Nurmi Isles neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.4% of Florida neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees and urban sophisticates.

Diversity

Did you know that the Nurmi Isles neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Lebanese ancestry and 6.1% have Arab ancestry.

Nurmi Isles is also pretty special linguistically. Signicantly, 3.7% of its residents ve years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

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 Nurmi Isles neighborhood in Fort Lauderdale are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.9% of the neighborhoods in America. 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.

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 Nurmi Isles neighborhood, 60.4% 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 19.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.3%), and 9.9% in clerical, assistant, and tech support occupations.

THENEIGHBORS 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 Nurmi Isles neighborhood is English, spoken by 78.9% of households. Other important languages spoken here include Spanish, Arabic, French and Polish.

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.

About This Neighborhood

In the Nurmi Isles neighborhood in Fort Lauderdale, FL, residents most commonly identify their ethnicity or ancestry as German (12.1%). There are also a number of people of Irish ancestry (9.7%), and residents who report English roots (7.6%), and some of the residents are also of Italian ancestry (7.0%), along with some Mexican ancestry residents (6.7%), among others. In addition, 24.7% of the residents of this neighborhood were born in another country.

FortLauderdale,FL(NurmiIsles)|January03,2025

GETTINGTOWORK

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 nancial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a nancial 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 Nurmi Isles neighborhood spend between 15 and 30 minutes commuting one-way to work (38.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.3%) 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 (9.7%) . In a neighborhood like this, as in most of the nation, many residents nd owning a car useful for getting to work.

Neighborhood RealEstateData

FortLauderdale,FL(NurmiIsles)

44VitalStatistics|7ConditionAlerts

January03,2025

AVERAGE HOME VALUES

Neighborhood Home Prices

>$1,166,548

$874,912-$1,166,548

$583,275-$874,911

$466,912-$583,274

$350,063-$466,911

$233,213-$350,062

$116,850-$233,212

HOMEOWNERSHIP

Homeownership Rate

Vacancy Rate

Thisneighborhoodhasamongthehighestpercentageofseasonallyvacantresidencesofall neighborhoodsinAmerica,accordingtoNeighborhoodScout'sanalysis.Seasonaloccupationis commoninmanyresortorvacationareas.

Theaverageannualchangeinthevacancyrateintheneighborhoodduringthelatestfiveyears.Trendis basedonthepercentageofpropertiesthatarevacantyearround.

SeasonallyVacant

RENTAL MARKET

Median monthly rent by number of bedrooms $9,000

$3,000

$2,000

$1,000

NEIGHBORHOOD SETTING

Neighborhoodsontheoceanortidallyinfluencedrivers.

Theneighborhoodincludesshorelineonasignificant bodyoffreshwater.Thesearelakeslargeenoughto includerecreationandscenicareas.(Notethatsmaller lakesarenotincluded,orneighborhoodsthathavelittle shorelineonalake,relativetothesizeoftheentire neighborhood).

Agriculturallandusesareasignificantpartofthe neighborhoodandcontributetoitscharacter.

Neighborhood Look and Feel

Suburban: Although not necessarily outside city limits, these neighborhoods have a more generous amount of space per person with densities generally between 1,000 and 5,000 people per square mile.

HOUSING MARKET DETAILS

Types of Homes

Age of Homes

Data

Lauderdale,FL(NurmiIsles)

Neighborhood

LIFESTYLE

PercentageofneighborhoodsinAmericathatthisneighborhoodsurpasses.

Thereisn’toneneighborhoodthatisbestforeveryone.Thebestneighborhoodforyoumaynotbethebestoneforsomeone else.Similarly,whatyouwantasarst-timehomebuyermaybedifferentthanwhatyouwantwhenyouhaveschool-aged children,orwhenyouarenearingretirement.

ThelengthofthebarsindicatethepercentageofneighborhoodsinAmericathatthisneighborhoodismorefamily-friendly than,morecollegestudentfriendlythan,moreluxuriousthan,andsoforth.

SPECIAL CHARACTER

PercentageofneighborhoodsinAmericathatthisneighborhoodsurpasses.

Peoplehavepersonalities,andsodoneighborhoods.Aneighborhood’scharacterdescribesitspersonalityandthefeelingone getswhenexperiencingtheneighborhoodasatrueresident.Quietandsophisticated?Hipandwalkable?Thelengthofthebars indicatethepercentageofneighborhoodsinAmericathatthisneighborhoodismoreUrbanethan,moreHipthan,moreQuiet than,moreNauticalthan,moreWalkablethan.

AGE

Neighborhoodsthatscorehighestformixedageshavethemostequitable distributionacrossallagegroups.

MARITAL STATUS

Basedonresidentswhoare18andover.Weareunabletoincludesame-sex marriagesduetodatalimitations.

GENDER

HOUSEHOLD TYPES

MILITARY

Currentlyactiveinthemilitarylivingonorobase.

COLLEGE

Enrolledundergraduateorgraduatestudents liveingonorocampus.

EMPLOYMENT INDUSTRIES

Typesofemployersforwhomresidentswork.Neighborhoodswhereresidentsclusterintoparticularindustriesareoenfoundnearparticularemployersor institutions.

COMMUTE TO WORK

Average One-way Commute Time

Theamountoftimespentcommutingtellsalotaboutaneighborhood’saccesstojobsandthedegreeofcongestioninthearea.Thetimeiscalculatedforall residentsworkingoutsidethehome.

Means of Transport

Theshareofusingeachmodeoftransportismeasuredaspercentageofall workingadults.

Vehicles per household

Numberofvehiclesregisteredperhousehold,asapercentageofallhouseholds intheneighborhood.

MIGRATION & MOBILITY

Moved Last Year

Veryhighvaluesshowalackofstabilityinthe neighborhood.Verylowvaluesmayrepresent insularitytooutsiders.

Born Out of State

Highinneighborhoodsthatattractnewresidents fromaroundthecountry.

Foreign Born

ResidentshaveimmigratedtotheU.S.fromanother countryandmayormaynotbenaturalizedcitizens.

%ofResidents

RACE & ETHNIC DIVERSITY

"Race/Ethnicity:Self-reportedtotheUSCensus.AsianandHispanicresidentsmayidentifywithoneofthemorespecificsubcategories.".html_safe

Diversity Index 38 (100 is the most diverse)

More diverse than 38% of U.S. neighborhoods.

OCCUPATIONS

Executives,managers,&professionals

HispanicorLatino(OfAnyRace)

OtherRace/TwoorMoreRaces

ANCESTRY

Top20mostcommongroupsthatneighborhoodresidentsself-reportastheir ancestry. German

U.S.orAmerican

LANGUAGES SPOKEN

Top20mostcommonlanguagesneighborhoodresidentspreferentiallyspeak whentheyareathomewiththeirfamilies.

AVERAGE INCOME

Per Capita Income

Bestmeasureoftheaveragespendingpowerofeachpersoninthe neighborhood.

Thisneighborhoodhasoneofthehighestpercapitaincomesinthestate,accordingto NeighborhoodScout'sexclusiveanalysis.

EDUCATION

Adults with College Degree

Adultsaged25andolderthathaveattainedatleasta4yearcollegedegreelikea BA.

Thisneighborhoodhasamongthehighestpercentageofadults25andoverwithatleasta 4-yearcollegedegreeofallneighborhoodsinthisstate.

Median Household Income

Bestmeasureofthebudgetofthetypicalfamilyorothernon-familyhousehold.

Adults with Advanced Degree

Adultsaged25andolderthathaveattainedagraduateorprofessionaldegree aboveandbeyonda4yeardegree.

UNEMPLOYMENT RATE

Thepercentofneighborhoodresidentswhoareseekingemployment,butare currentlyunemployed.

CHILDRENLIVINGINPOVERTY

Thisneighborhoodhasoneofthelowestpercentagesofchildrenlivingbelowthefederal povertylineofanyneighborhoodinthisstate.

Neighborhood CrimeData

FortLauderdale,FL(NurmiIsles)

67VitalStatistics|1ConditionAlerts

January03,2025

than 60% of U.S. neighborhoods.

NeighborhoodScout®providesexclusivecrimeriskanalyticsforeveryneighborhoodinAmericawithupto98%predictive accuracy.Crimeriskindicesarenationallycomparableona1–100scale,where100meanssaferthan100%ofU.S. neighborhoods.

Crimeriskdataareupdatedannually.Rawcrimeincidentsaresourcedfromall18,000+locallawenforcementagencies–municipal,county,transit,park,port,university,tribalandmore,assignedtolocalities,thenbuiltintoNeighborhoodScout’s proprietarypredictivemodelstoprovideacomprehensivecrimeriskproleforeveryneighborhoodandaddress-vicinityin theU.S.

Neighborhood PublicSchoolData

FortLauderdale,FL(NurmiIsles)

65VitalStatistics|4ConditionAlerts

January03,2025

ZONED SCHOOL RATING INFORMATION

School Quality Rating, rates the quality of the zoned K-12 public schools that serve this address.

Better than 70% of all U.S. schools.

SCHOOLS THAT SERVE THIS NEIGHBORHOOD

Qualityratingscoresareprovidedbelowwith10beingthehighestpossiblescore.

THISNEIGHBORHOODISSERVEDBY1DISTRICT:

District Quality Compared to FL

(10 is best)

Better than 64.0% of all FL school districts.

District Quality Compared to U.S.

(10 is best)

Better than 63.5% of all US school districts.

SCHOOLDISTRICTENROLLMENTBYGROUP

Neighborhood TrendsandForecasts

FortLauderdale,FL(NurmiIsles)

Potential(3years)

1=VeryLow 2=Low 3=Moderate 4=High 5=RisingStar RISING STAR INDEX

BLUE CHIP INDEX

1 2 3 5

Forecast to appreciate between 21% and 30% over the next 3 years

Ranked in the top 35% of all neighborhoods in the nation for investment security

1=VeryLow 2=Low 3=Moderate 4=High 5=BlueChip

SCOUT VISION NEIGHBORHOOD HOME VALUE TREND & FORECAST

$3,000,000

$2,000,000

$1,000,000

Neighborhood Trends and Forecasts Data

SCOUT VISION HOME VALUE TRENDS AND FORECAST ®

Comparisonratingsareprovidedbelowwith10beingthehighestpossiblescore.

3YearForecast:

The

KEYPRICEDRIVERSATTHISLOCATION

Pros

Likelytodrivehomevaluesupwardoverthenextfewyearsor indicatorsofupwardtrendsalreadyunderway.

 Regional Housing Market Outlook

 School Performance

At least 17.5% more expensive per sq ft than other neighborhoods nearby.

1=StrongDisadvantage 2=Disadvantage 3=SimilarPrice 4=Advantage 5=StrongAdvantage

toHigh-PayingJobs

On average in the middle 20% for job accessibility. 1=Limited 2=BelowAverage 3=Average 4=VeryGood 5=Excellent

Cons

Impedimentstohomevalueappreciationoverthenextfewyearsor indicatorsofnegativetrendsalreadyunderway.

 Real Estate Values Nearby

 Vacancies

 Educated Population Trend

SCOUT VISION REAL ESTATE TRENDS (LAST 5 YEARS)

Avg. Annual Homeownership Trend

Avg. Annual Vacancy Trends

Basedonthepercentageofpropertiesthatarevacantyearround.

SCOUT VISION CRIME TRENDS AND FORECAST

SCOUT VISION EDUCATION TRENDS (LAST 5 YEARS)

Avg. Annual Change in College Graduates

Collegegraduatesaredefinedasadults25andolderwithatleasta4-yearcollege degree.

SCOUT VISION ECONOMIC TRENDS (LAST 5 YEARS)

Avg. Annual Change in K-12 School Performance

Basedonthepercentageofstudentstestingproficientoradvancedin standardizedtesting.

SCOUT VISION POPULATION TRENDS

SCOUTVISION REGIONALHOUSINGMARKETANALYSIS

HOUSINGAFFORDABILITYTRENDS

Miami-FortLauderdale-PompanoBeach,FLMetroArea

Region's Historical Low

Region's Historical High

Thenumberofyearsof incomeneededtobuyahome inthisregionhashistorically beenamongthehighestin thenation.Housinghasbeen veryunaordabletothe averagehousehold. 6.07 Current

Thenumberofyearsof incomeneededtobuyahome inthisregionisatorveryclose toitshistoricalmaximum. Housingmaybebecoming lessaordabletotheaverage household.

Neighborhood Trends and Forecasts Data

REGIONAL 1 AND 2 YEAR GROWTH TRENDS

Comparisonratingsareprovidedbelowwith10beingthehighestpossiblescore.

Forecastsofpotentialoccurrencesornon-occurrencesoffutureconditionsandeventsareinherentlyuncertain.Actualresultsmaydiermateriallyfromwhatispredicted inanyinformationprovidedbyLocationInc.NothingcontainedinorgeneratedbyaLocationInc.productorservicesis,orshouldberelieduponas,apromiseor representationastothefutureperformanceorpredictionofrealestatevalues.Norepresentationismadeastotheaccuracyofanyforecast,estimate,orprojection. LocationInc.makesnoexpressorimpliedwarrantyandallinformationandcontentisprovided"Asis"withoutanywarrantiesofanykind.LocationInc.expressly disclaimsanywarrantyofaccuracyorpredictability,andanywarrantyofmerchantabilityandfitnessforaparticularpurpose.LocationInc.furtherdisclaimsanyliability fordamages,loss,orinjuryarisingoutoftheusethissiteandthedata.Allrisksassociatedwithusingthesiteandthedataarebornebytheuseratuser'ssolecostand expense.Byusingthesiteyouagreetoour Terms of Use