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Real Estate Prices & Overview

SW 107th St / SW 109th Ct median real estate price is $365,508, which is less expensive than 64.0% of Florida neighborhoods and 54.8% of all U.S. neighborhoods.

The average rental price in SW 107th St / SW 109th Ct is currently $2,777, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.8% of Florida neighborhoods.

SW 107th St / SW 109th Ct is a densely urban neighborhood (based on population density) located in Miami, Florida.

SW 107th St / SW 109th Ct 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 mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the SW 107th St / SW 109th Ct neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.6% in SW 107th St / SW 109th Ct. NeighborhoodScout analysis shows that this rate is lower than 50.4% 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 Miami, the SW 107th St / SW 109th Ct neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the SW 107th St / SW 109th Ct neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.7% of the neighborhoods in America. In a nation where 1 out of every 4 children lives in poverty, the SW 107th St / SW 109th Ct neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the SW 107th St / SW 109th Ct neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.6% of the neighborhoods in FL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

The real estate in the SW 107th St / SW 109th Ct 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, 96.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.

In addition, the SW 107th St / SW 109th Ct 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 93.2% 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.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the SW 107th St / SW 109th Ct stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.5% of the residential real estate here was built in this one time period.

Diversity

Did you know that the SW 107th St / SW 109th Ct neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.4% of this neighborhood's residents have Cuban ancestry and 19.7% have South American ancestry.

SW 107th St / SW 109th Ct is also pretty special linguistically. Significantly, 70.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.4% 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 SW 107th St / SW 109th Ct neighborhood. What is interesting to note, is that the SW 107th St / SW 109th Ct neighborhood has a greater percentage of residents born in another country (64.0%) than are found in 99.5% of all U.S. neighborhoods.

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 107th St / SW 109th Ct neighborhood in Miami are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.7% of U.S. neighborhoods. 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the SW 107th St / SW 109th Ct neighborhood, 37.1% 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 33.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.4%), and 6.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the SW 107th St / SW 109th Ct neighborhood is Spanish, spoken by 70.4% of households. Some people also speak English (24.9%).

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 107th St / SW 109th Ct neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (29.4%). There are also a number of people of South American ancestry (19.7%), and residents who report Dominican roots (3.5%), and some of the residents are also of British ancestry (3.5%), along with some Puerto Rican ancestry residents (3.0%), among others. In addition, 64.0% 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 107th St / SW 109th Ct neighborhood spend between 30 and 45 minutes commuting one-way to work (36.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.8%) 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 (5.9%) . 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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