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Real Estate Prices & Overview

S Okeechobee Rd / W 32nd Pl median real estate price is $296,329, which is more expensive than 38.2% of the neighborhoods in Florida and 39.3% of the neighborhoods in the U.S.

The average rental price in S Okeechobee Rd / W 32nd Pl is currently $3,040, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.7% of the neighborhoods in Florida.

S Okeechobee Rd / W 32nd Pl is an urban neighborhood (based on population density) located in Hialeah, Florida.

S Okeechobee Rd / W 32nd Pl real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Okeechobee Rd / W 32nd Pl 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 S Okeechobee Rd / W 32nd Pl, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in S Okeechobee Rd / W 32nd Pl 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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the S Okeechobee Rd / W 32nd Pl neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the S Okeechobee Rd / W 32nd Pl neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 64.9% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.7% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

People

The S Okeechobee Rd / W 32nd Pl neighborhood stands out for having an average per capita income lower than 97.6% of the neighborhoods in the United States. Also of note, 76.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Occupations

NeighborhoodScout's exclusive research identifies the S Okeechobee Rd / W 32nd Pl neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.0% of its working residents employed in such fields, which is a higher proportion than 96.6% of American neighborhoods.

Diversity

Did you know that the S Okeechobee Rd / W 32nd Pl neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.1% of this neighborhood's residents have Cuban ancestry.

S Okeechobee Rd / W 32nd Pl is also pretty special linguistically. Significantly, 80.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.7% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the S Okeechobee Rd / W 32nd Pl neighborhood. What is interesting to note, is that the S Okeechobee Rd / W 32nd Pl neighborhood has a greater percentage of residents born in another country (73.5%) than are found in 99.8% 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 S Okeechobee Rd / W 32nd Pl neighborhood in Hialeah are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.6% of U.S. neighborhoods. With 76.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% of U.S. neighborhoods.

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 S Okeechobee Rd / W 32nd Pl neighborhood, 44.0% 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 26.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.5%), and 10.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Okeechobee Rd / W 32nd Pl neighborhood is Spanish, spoken by 80.6% of households. Some people also speak English (18.0%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the S Okeechobee Rd / W 32nd Pl neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (70.1%). There are also a number of people of South American ancestry (2.2%), and residents who report Italian roots (1.9%). In addition, 73.5% 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 S Okeechobee Rd / W 32nd Pl neighborhood spend between 15 and 30 minutes commuting one-way to work (46.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.5%) 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 (10.5%) . 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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