menu






Real Estate Prices & Overview

North Ponce de Leon median real estate price is $736,299, which is more expensive than 81.4% of the neighborhoods in Florida and 81.1% of the neighborhoods in the U.S.

The average rental price in North Ponce de Leon is currently $3,259, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.5% of the neighborhoods in Florida.

North Ponce de Leon is a densely urban neighborhood (based on population density) located in Coral Gables, Florida.

North Ponce de Leon 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 North Ponce de Leon neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.2% in North Ponce de Leon. NeighborhoodScout analysis shows that this rate is lower than 42.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Coral Gables, the North Ponce de Leon neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The North Ponce de Leon 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 97.0% 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, the real estate in the North Ponce de Leon 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, 80.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.8% of American neighborhoods.

People

One of the most interesting things about the North Ponce de Leon neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.2% of the neighborhoods in America.

Diversity

Did you know that the North Ponce de Leon neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.1% of this neighborhood's residents have South American ancestry and 31.3% have Cuban ancestry.

North Ponce de Leon is also pretty special linguistically. Significantly, 77.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.4% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the North Ponce de Leon neighborhood has a greater percentage of residents born in another country (64.6%) than are found in 99.5% 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 North Ponce de Leon neighborhood in Coral Gables are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.4% of the neighborhoods in America. With 14.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.2% 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 North Ponce de Leon neighborhood, 39.8% of the working population is employed in executive, management, and professional 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 13.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the North Ponce de Leon neighborhood is Spanish, spoken by 77.9% of households. Some people also speak English (12.8%).

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 North Ponce de Leon neighborhood in Coral Gables, FL, residents most commonly identify their ethnicity or ancestry as Cuban (31.3%). There are also a number of people of South American ancestry (30.1%), and residents who report German roots (5.3%), and some of the residents are also of Portuguese ancestry (5.0%), along with some Dominican ancestry residents (3.6%), among others. In addition, 64.6% 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 North Ponce de Leon neighborhood spend between 15 and 30 minutes commuting one-way to work (41.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.8%) 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 (10.9%) and 5.9% of residents also hop out the door and walk to work 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
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
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby