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Real Estate Prices & Overview

SW 280th St / SW 164th Ave median real estate price is $765,511, which is more expensive than 86.9% of the neighborhoods in Florida and 84.6% of the neighborhoods in the U.S.

The average rental price in SW 280th St / SW 164th Ave is currently $3,267, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.7% of the neighborhoods in Florida.

SW 280th St / SW 164th Ave is a suburban neighborhood (based on population density) located in Homestead, Florida.

SW 280th St / SW 164th Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the SW 280th St / SW 164th Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In SW 280th St / SW 164th Ave, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.9% of all neighborhoods in the U.S. This means that the housing supply in SW 280th St / SW 164th Ave is very tight compared to the demand for property here.

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 Homestead, the SW 280th St / SW 164th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The SW 280th St / SW 164th Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the SW 280th St / SW 164th Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.6% of all neighborhoods in America.

Real Estate

One way that the SW 280th St / SW 164th Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

NeighborhoodScout's analysis shows that the SW 280th St / SW 164th Ave neighborhood has a greater concentration of residents currently enrolled in college than 95.7% of the neighborhoods in the U.S. With 11.8% of the population here attending college, this is very much a college-focused neighborhood.

In addition, the SW 280th St / SW 164th Ave neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 93.2% of Florida neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the SW 280th St / SW 164th Ave neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.4% of this neighborhood's residents have Cuban ancestry and 7.3% have South American ancestry.

SW 280th St / SW 164th Ave is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

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 280th St / SW 164th Ave neighborhood in Homestead are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.5% of the neighborhoods in America. With 16.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.4% 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 SW 280th St / SW 164th Ave neighborhood, 43.4% 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 24.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.3%), and 14.7% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the SW 280th St / SW 164th Ave neighborhood is Spanish, spoken by 57.6% of households. Other important languages spoken here include English and Native American languages.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the SW 280th St / SW 164th Ave neighborhood in Homestead, FL, residents most commonly identify their ethnicity or ancestry as Mexican (22.3%). There are also a number of people of Cuban ancestry (21.4%), and residents who report South American roots (7.3%), and some of the residents are also of Irish ancestry (6.2%), along with some English ancestry residents (5.6%), among others. In addition, 30.0% 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 SW 280th St / SW 164th Ave neighborhood spend under 15 minutes commuting one-way to work (25.0% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (15.0%) who commute over an hour in each direction.

Here most residents (67.7%) 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 (15.2%) . 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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