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Real Estate Prices & Overview

W 84th St / Palmetto Expy median real estate price is $375,654, which is more expensive than 48.8% of the neighborhoods in Florida and 57.7% of the neighborhoods in the U.S.

The average rental price in W 84th St / Palmetto Expy is currently $3,566, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.9% of the neighborhoods in Florida.

W 84th St / Palmetto Expy is an urban neighborhood (based on population density) located in Hialeah, Florida.

W 84th St / Palmetto Expy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the W 84th St / Palmetto Expy 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 W 84th St / Palmetto Expy, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 81.7% of all neighborhoods in the U.S. This means that the housing supply in W 84th St / Palmetto Expy is very tight compared to the demand for property here.

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 NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the W 84th St / Palmetto Expy 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, 87.0% of the residential real estate here was built in this one time period.

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 W 84th St / Palmetto Expy neighborhood. What is interesting to note, is that the W 84th St / Palmetto Expy neighborhood has a greater percentage of residents born in another country (81.8%) than are found in 100.0% of all U.S. neighborhoods.

Diversity

Did you know that the W 84th St / Palmetto Expy neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 80.3% of this neighborhood's residents have Cuban ancestry.

W 84th St / Palmetto Expy is also pretty special linguistically. Significantly, 97.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 100.0% 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 84th St / Palmetto Expy neighborhood in Hialeah are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.2% of U.S. neighborhoods. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.9% 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 W 84th St / Palmetto Expy neighborhood, 28.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.6%), and 23.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the W 84th St / Palmetto Expy neighborhood is Spanish, spoken by 97.1% of households. Some people also speak English (2.9%).

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 84th St / Palmetto Expy neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (80.3%). There are also a number of people of South American ancestry (3.0%), and residents who report Puerto Rican roots (2.3%), and some of the residents are also of Dominican ancestry (1.1%). In addition, 81.8% 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 84th St / Palmetto Expy neighborhood spend between 15 and 30 minutes commuting one-way to work (37.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.4%) 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 (6.3%) . 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:
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Economics & Demographics include:
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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
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Schools include:
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