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Real Estate Prices & Overview

W Flagler St / Northwest Blvd median real estate price is $834,243, which is more expensive than 88.8% of the neighborhoods in Florida and 85.5% of the neighborhoods in the U.S.

The average rental price in W Flagler St / Northwest Blvd is currently $2,936, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.9% of the neighborhoods in Florida.

W Flagler St / Northwest Blvd is an urban neighborhood (based on population density) located in Miami, Florida.

W Flagler St / Northwest Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the W Flagler St / Northwest Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in W Flagler St / Northwest Blvd are 2.9%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in W Flagler St / Northwest Blvd is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Occupations

More people work in manufacturing and as laborers here in the W Flagler St / Northwest Blvd neighborhood than in 96.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

If you love row houses and attached homes, you will probably really like the W Flagler St / Northwest Blvd 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, 28.1% of the residential real estate here is classified as row houses and attached homes.

In addition, 83.9% of the real estate in the W Flagler St / Northwest Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the W Flagler St / Northwest Blvd neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 68.0% of this neighborhood's residents have Cuban ancestry.

W Flagler St / Northwest Blvd is also pretty special linguistically. Significantly, 92.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.7% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the W Flagler St / Northwest Blvd neighborhood has a greater percentage of residents born in another country (70.2%) than are found in 99.7% of all U.S. neighborhoods.

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 W Flagler St / Northwest Blvd neighborhood in Miami are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.6% of U.S. neighborhoods. With 37.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.5% 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 W Flagler St / Northwest Blvd neighborhood, 43.5% of the working population is employed in manufacturing and laborer 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 28.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.6%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Flagler St / Northwest Blvd neighborhood is Spanish, spoken by 92.1% of households. Some people also speak English (7.9%).

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 W Flagler St / Northwest Blvd neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (68.0%). There are also a number of people of South American ancestry (4.4%), and residents who report German roots (3.3%), and some of the residents are also of Spanish ancestry (2.0%), along with some Mexican ancestry residents (1.5%), among others. In addition, 70.2% of the residents of this neighborhood were born in another country.

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 W Flagler St / Northwest Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (53.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.7%) 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 (8.6%) . 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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