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Real Estate Prices & Overview

W Flagler St / Northwest Blvd median real estate price is $834,243, which is more expensive than 88.8% of the neighborhoods in Florida and 85.5% of the neighborhoods in the U.S.

The average rental price in W Flagler St / Northwest Blvd is currently $2,936, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.9% of the neighborhoods in Florida.

W Flagler St / Northwest Blvd is an urban neighborhood (based on population density) located in Miami, Florida.

W Flagler St / Northwest Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the W Flagler St / Northwest Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in W Flagler St / Northwest Blvd are 2.9%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in W Flagler St / Northwest Blvd is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 W Flagler St / Northwest Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the W Flagler St / Northwest Blvd neighborhood than in 96.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

If you love row houses and attached homes, you will probably really like the W Flagler St / Northwest Blvd neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 28.1% of the residential real estate here is classified as row houses and attached homes.

In addition, renter-occupied real estate is dominant in the W Flagler St / Northwest Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 83.9%, which is higher than 95.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the W Flagler St / Northwest Blvd neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 68.0% of this neighborhood's residents have Cuban ancestry.

W Flagler St / Northwest Blvd is also pretty special linguistically. Significantly, 92.1% 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

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the W Flagler St / Northwest Blvd neighborhood has a greater percentage of residents born in another country (70.2%) than are found in 99.7% 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 W Flagler St / Northwest Blvd 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 82.6% of U.S. neighborhoods. With 37.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.5% of U.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 W Flagler St / Northwest Blvd neighborhood, 43.5% of the working population is employed in manufacturing and laborer 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 28.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.6%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Flagler St / Northwest Blvd neighborhood is Spanish, spoken by 92.1% of households. Some people also speak English (7.9%).

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 W Flagler St / Northwest Blvd neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (68.0%). There are also a number of people of South American ancestry (4.4%), and residents who report German roots (3.3%), and some of the residents are also of Spanish ancestry (2.0%), along with some Mexican ancestry residents (1.5%), among others. In addition, 70.2% 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 W Flagler St / Northwest Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (53.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.7%) 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 (8.6%) . 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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