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Real Estate Prices & Overview

Morningside / Upper Eastside median real estate price is $2,777,803, which is more expensive than 98.9% of the neighborhoods in Florida and 98.6% of the neighborhoods in the U.S.

The average rental price in Morningside / Upper Eastside is currently $4,011, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.5% of the neighborhoods in Florida.

Morningside / Upper Eastside is a suburban neighborhood (based on population density) located in Miami, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Morningside / Upper Eastside 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Morningside / Upper Eastside neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Morningside / Upper Eastside. The current real estate vacancy rate here is 19.4%. This is higher than the rate of vacancies in 86.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Morningside / Upper Eastside neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Morningside / Upper Eastside neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Morningside / Upper Eastside is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

Morningside / Upper Eastside has the amazing distinction of housing more same sex couples living together than 97.9% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, the Morningside / Upper Eastside neighborhood stands out within Florida for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.7% of college-friendly places to live in FL. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.

Modes of Transportation

In the Morningside / Upper Eastside neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Morningside / Upper Eastside neighborhood has more Brazilian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Brazilian ancestry and 18.3% have South American ancestry.

Morningside / Upper Eastside is also pretty special linguistically. Significantly, 7.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.

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 Morningside / Upper Eastside neighborhood. What is interesting to note, is that the Morningside / Upper Eastside neighborhood has a greater percentage of residents born in another country (46.4%) than are found in 96.6% 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 Morningside / Upper Eastside neighborhood in Miami are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.5% of the neighborhoods in America. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.8% of U.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 Morningside / Upper Eastside neighborhood, 66.5% 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 16.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.9%), and 8.0% in clerical, assistant, and tech support 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 Morningside / Upper Eastside neighborhood is Spanish, spoken by 47.5% of households. Other important languages spoken here include English and French.

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 Morningside / Upper Eastside neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as South American (18.3%). There are also a number of people of Cuban ancestry (12.9%), and residents who report Haitian roots (7.2%), and some of the residents are also of Italian ancestry (6.6%), along with some Spanish ancestry residents (5.1%), among others. In addition, 46.4% 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 Morningside / Upper Eastside neighborhood spend between 15 and 30 minutes commuting one-way to work (36.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (49.6%) 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 (11.8%) . 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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