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 Miami,
the Coconut Grove neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Coconut Grove 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 financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, Coconut Grove 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.
Notable & Unique: Diversity
Did you know that the Coconut Grove neighborhood has more
Cuban and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 11.9% of
this neighborhood's residents have Cuban ancestry and 15.2% have South American ancestry.
Coconut Grove is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily
speak Italian at home. While this may seem like a small percentage, it is higher
than 98.2% of the neighborhoods in America.
Notable & Unique: People
A majority of the adults in the Coconut Grove neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Florida by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.2%
of the neighborhoods in Florida.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates, families with school-aged children and college students.
In addition, if you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 1.9% of America's neighborhoods are wealthier than the
Coconut Grove neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Also, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 74.9% of the adults living in the
Coconut Grove neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 97.9%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Notable & Unique: Occupations
The Coconut Grove neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.1% of the neighborhoods in American. In fact, 69.8%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Coconut Grove
neighborhood, analysis shows that 13.7% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
97.7% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.