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.
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.
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 99.5%
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 , college students and families with school-aged children.
In addition, the rate of college educated adults in the Coconut Grove neighborhood
is a unique characteristic of the neighborhood. 75.3% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
98.1% of all U.S. neighborhoods.
Also, Coconut Grove has the amazing distinction of housing more same
sex couples living together than 97.8% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
Finally, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Coconut Grove neighborhood is wealthier than 97.5%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Notable & Unique: Diversity
Did you know that the Coconut Grove neighborhood has more
Cuban and British ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 11.7% of
this neighborhood's residents have Cuban ancestry and 2.4% have British ancestry.
Coconut Grove is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 97.6% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 69.0% of the workforce
in the Coconut Grove neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 97.9% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Coconut Grove
neighborhood, analysis shows that 12.5% 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
96.7% 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.