Real Estate Prices and Overview
Coopertown / Fortymile Bend median real estate prices are $317,004, which is more expensive than 88.1% of the neighborhoods
in Florida and 79.9% of the
neighborhoods in the U.S.
Average rental prices in Coopertown / Fortymile Bend are currently
$1,747, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4%
of the neighborhoods in Florida.
Coopertown / Fortymile Bend is a remote neighborhood (based on population
density) located in Homestead, Florida.
Coopertown / Fortymile Bend real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Coopertown / Fortymile Bend neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Coopertown / Fortymile Bend. The current real estate vacancy rate here is 19.5%.
This is higher than the rate of vacancies in 83.8% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Homestead,
the Coopertown / Fortymile Bend neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Coopertown / Fortymile Bend neighborhood has more
Cuban and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 37.6% of
this neighborhood's residents have Cuban ancestry and 4.4% have South American ancestry.
Notable & Unique: Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 7.08 people per square mile living here, this neighborhood is less crowded than 97.9% of America.
Notable & Unique: Occupations
It used to be that most Americans lived on the farm, or otherwise made their
living from the land, the forests, or the sea. With global trade and an
economy increasingly based on providing services to one another, fewer
people farm, fish or harvest timber now than at any time in American history.
But according to NeighborhoodScout's leading analysis, the
Coopertown / Fortymile Bend neighborhood stands apart from most American neighborhood due
to the proportion of its residents still working in these fields. With 4.0%
of the workforce so employed, this neighborhood has a greater concentration
of such workers than 95.0% of U.S. neighborhoods.
Notable & Unique: People
The Coopertown / Fortymile Bend neighborhood is a great option for families,
as revealed by NeighborhoodScout's research on this neighborhood. The
combination of top public schools, low crime rates, and owner-occupied
single family homes, make this neighborhood among the top
9.8% of family-friendly neighborhoods in the
state of Florida. Many other families also live here, making
it easy to socialize and develop a sense of community. In addition,
families here highly value education, as is reflected by the strength of
the local schools.
The Neighbors: Income
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 Coopertown / Fortymile Bend neighborhood in Homestead are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 76.0% of the neighborhoods in America.
With 19.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 58.0%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Coopertown / Fortymile Bend neighborhood, 31.6%
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
executive, management, and professional occupations, with 28.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(22.0%), and 14.0% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the Coopertown / Fortymile Bend neighborhood in Homestead, FL, residents
most commonly identify their ethnicity or ancestry as Cuban
(37.6%). There are also a number of people of Mexican ancestry (11.5%) , and residents who report German roots (4.5%) , and some of the residents are also of Puerto Rican ancestry (4.5%) , along with some South American ancestry residents (4.4%), among others. In addition, 37.7% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Coopertown / Fortymile Bend
neighborhood is Spanish, spoken by 56.3% of households. Some people also speak English (40.1%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Coopertown / Fortymile Bend neighborhood spend
between 45 minutes and one hour commuting one-way to work (36.3% of working
residents), longer and tougher than most commutes in America.
Here most residents (84.2%) 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 (12.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.