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Real Estate Prices & Overview

SW 102nd Ave / SW 128th St median real estate price is $1,186,403, which is more expensive than 95.4% of the neighborhoods in Florida and 93.9% of the neighborhoods in the U.S.

The average rental price in SW 102nd Ave / SW 128th St is currently $3,847, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.9% of the neighborhoods in Florida.

SW 102nd Ave / SW 128th St is a suburban neighborhood (based on population density) located in Miami, Florida.

SW 102nd Ave / SW 128th St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the SW 102nd Ave / SW 128th St 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 SW 102nd Ave / SW 128th St, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.4% of all neighborhoods in the U.S. This means that the housing supply in SW 102nd Ave / SW 128th St 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.

People

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 SW 102nd Ave / SW 128th St neighborhood is wealthier than 98.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer 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. As one would expect in a considerably wealthy neighborhood such as this, SW 102nd Ave / SW 128th St also has one of the lowest ratings of child poverty in the nation.

In addition, a majority of the adults in the SW 102nd Ave / SW 128th St 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 98.7% 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 families with school-aged children and urban sophisticates.

Real Estate

Owner-occupied real estate dominates the SW 102nd Ave / SW 128th St neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.4% of neighborhoods in America.

In addition, one way that the SW 102nd Ave / SW 128th St neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.5% 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.

Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the SW 102nd Ave / SW 128th St neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.4% of all American neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the SW 102nd Ave / SW 128th St neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.6% of the households here have four, five, or more cars. That is more cars per household than in 97.7% of the neighborhoods in the nation.

Diversity

Did you know that the SW 102nd Ave / SW 128th St neighborhood has more Cuban and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.7% of this neighborhood's residents have Cuban ancestry and 2.8% have Lebanese ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the SW 102nd Ave / SW 128th St neighborhood in Miami 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 98.1% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 SW 102nd Ave / SW 128th St neighborhood, 63.2% 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 14.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 11.0% 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 102nd Ave / SW 128th St neighborhood is Spanish, spoken by 54.5% of households. Other important languages spoken here include English and Polish.

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 SW 102nd Ave / SW 128th St neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (39.7%). There are also a number of people of South American ancestry (7.2%), and residents who report English roots (4.8%), and some of the residents are also of Italian ancestry (3.9%), along with some German ancestry residents (3.5%), among others. In addition, 19.8% 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 SW 102nd Ave / SW 128th St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.9%) 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 (11.0%) . 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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