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Real Estate Prices & Overview

NW 35th Ct / Broad Manor Rd median real estate price is $313,088, which is less expensive than 68.6% of Florida neighborhoods and 55.1% of all U.S. neighborhoods.

The average rental price in NW 35th Ct / Broad Manor Rd is currently $2,661, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.9% of Florida neighborhoods.

NW 35th Ct / Broad Manor Rd is an urban neighborhood (based on population density) located in Miami, Florida.

NW 35th Ct / Broad Manor Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 NW 35th Ct / Broad Manor Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In NW 35th Ct / Broad Manor Rd, 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 NW 35th Ct / Broad Manor Rd 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 Miami, the NW 35th Ct / Broad Manor Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 NW 35th Ct / Broad Manor Rd 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.

Diversity

Did you know that the NW 35th Ct / Broad Manor Rd neighborhood has more Cuban and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.0% of this neighborhood's residents have Cuban ancestry and 3.1% have Brazilian ancestry.

NW 35th Ct / Broad Manor Rd is also pretty special linguistically. Significantly, 74.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.0% 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. More residents of the NW 35th Ct / Broad Manor Rd neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the NW 35th Ct / Broad Manor Rd neighborhood has a greater percentage of residents born in another country (60.8%) than are found in 99.3% 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 NW 35th Ct / Broad Manor Rd neighborhood in Miami are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.9% of U.S. neighborhoods. In addition, 1.8% 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 75.8% of America'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 NW 35th Ct / Broad Manor Rd neighborhood, 39.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 36.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.0%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the NW 35th Ct / Broad Manor Rd neighborhood is Spanish, spoken by 74.8% of households. Some people also speak English (23.4%).

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 NW 35th Ct / Broad Manor Rd neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (37.0%). There are also a number of people of Mexican ancestry (5.6%), and residents who report Sub-Saharan African roots (5.3%), and some of the residents are also of African ancestry (5.3%), along with some Haitian ancestry residents (3.7%), among others. In addition, 60.8% 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 NW 35th Ct / Broad Manor Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (55.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.9%) drive alone in a private automobile to get to work. 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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