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Real Estate Prices & Overview

SW 7th St / SW 9th Ave median real estate price is $656,402, which is more expensive than 82.8% of the neighborhoods in Florida and 80.5% of the neighborhoods in the U.S.

The average rental price in SW 7th St / SW 9th Ave is currently $2,507, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.7% of Florida neighborhoods.

SW 7th St / SW 9th Ave is a densely urban neighborhood (based on population density) located in Miami, Florida.

SW 7th St / SW 9th Ave 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 renter occupied. Many of the residences in the SW 7th St / SW 9th Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In SW 7th St / SW 9th Ave, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 85.9% of all neighborhoods in the U.S. This means that the housing supply in SW 7th St / SW 9th Ave 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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (23.7% ride the bus) than 99.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the SW 7th St / SW 9th Ave neighborhood is a fantastic option for bicycle commuters, as 6.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.9% of the neighborhoods in America.

Finally, in the SW 7th St / SW 9th Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.2% of commuters carpool here, which is more than in 96.7% of all U.S. neighborhoods.

People

The SW 7th St / SW 9th Ave neighborhood stands out for having an average per capita income lower than 98.5% of the neighborhoods in the United States.

Real Estate

The SW 7th St / SW 9th Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, 95.6% of the real estate in the SW 7th St / SW 9th Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the SW 7th St / SW 9th Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,892 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods.

Also of note, the real estate in the SW 7th St / SW 9th Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 80.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.7% of American neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the SW 7th St / SW 9th Ave neighborhood buck this trend. 24.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.3% of 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 SW 7th St / SW 9th Ave neighborhood has a greater percentage of residents born in another country (72.8%) than are found in 99.8% of all U.S. neighborhoods.

Diversity

Did you know that the SW 7th St / SW 9th Ave neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.9% of this neighborhood's residents have Cuban ancestry and 12.4% have South American ancestry.

SW 7th St / SW 9th Ave is also pretty special linguistically. Significantly, 88.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.

The Neighbors

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 SW 7th St / SW 9th Ave neighborhood in Miami are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 22.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.2% 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 SW 7th St / SW 9th Ave neighborhood, 36.0% 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 32.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (27.1%), and 11.2% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the SW 7th St / SW 9th Ave neighborhood is Spanish, spoken by 88.2% of households. Some people also speak English (10.7%).

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 SW 7th St / SW 9th Ave neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (27.9%). There are also a number of people of South American ancestry (12.4%), and residents who report Puerto Rican roots (5.6%), and some of the residents are also of Mexican ancestry (4.7%). In addition, 72.8% of the residents of this neighborhood were born in another country.

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 SW 7th St / SW 9th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (30.4% of working residents), longer and tougher than most commutes in America.

Here most residents (42.4%) 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 (24.2%) and 23.7% of residents also ride the bus for their daily commute. 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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