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Real Estate Prices & Overview

Flagami West median real estate price is $557,344, which is more expensive than 73.1% of the neighborhoods in Florida and 73.8% of the neighborhoods in the U.S.

The average rental price in Flagami West is currently $2,668, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.5% of Florida neighborhoods.

Flagami West is an urban neighborhood (based on population density) located in Miami, Florida.

Flagami West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Flagami West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Flagami West, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.6% of all neighborhoods in the U.S. This means that the housing supply in Flagami West 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 Flagami West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Flagami West neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 84.2% of this neighborhood's residents have Cuban ancestry and 6.0% have South American ancestry.

Flagami West is also pretty special linguistically. Significantly, 92.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.7% 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 Flagami West neighborhood. What is interesting to note, is that the Flagami West neighborhood has a greater percentage of residents born in another country (71.4%) than are found in 99.8% 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 Flagami West 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 74.7% of U.S. neighborhoods. In addition, 9.9% 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 51.1% 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 Flagami West neighborhood, 37.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 14.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Flagami West neighborhood is Spanish, spoken by 92.3% of households. Some people also speak English (7.4%).

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 Flagami West neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (84.2%). There are also a number of people of South American ancestry (6.0%), and residents who report Spanish roots (2.0%), and some of the residents are also of Dominican ancestry (1.6%), along with some Arab ancestry residents (1.1%), among others. In addition, 71.4% 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 Flagami West neighborhood spend between 15 and 30 minutes commuting one-way to work (35.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.0%) 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 (8.9%) . 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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