The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Real Estate
The Collins Ave / Bal Harbor Blvd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,506 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation's neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Collins Ave / Bal Harbor Blvd 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, Collins Ave / Bal Harbor Blvd 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.
In addition, the real estate in the Collins Ave / Bal Harbor Blvd 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, 97.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.7% of American neighborhoods.
Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 64.3% of the residential real estate vacant, the Collins Ave / Bal Harbor Blvd neighborhood claims the distinction of having a higher vacancy rate than 99.5% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Also of note, the Collins Ave / Bal Harbor Blvd 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 86.0% 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.
Notable & Unique: Diversity
Did you know that the Collins Ave / Bal Harbor Blvd neighborhood has more
Brazilian and Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.3% of
this neighborhood's residents have Brazilian ancestry and 3.8% have Ukrainian ancestry.
Collins Ave / Bal Harbor Blvd is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.5% of the neighborhoods in America.
Notable & Unique: 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 Collins Ave / Bal Harbor Blvd
neighborhood has a greater percentage of residents born in another country
(51.2%) than are found in 98.0% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
A unique way of commuting is simply not to. And in the Collins Ave / Bal Harbor Blvd
neighborhood, analysis shows that 12.3% of the residents work
from home, avoiding a commute altogether. This may not seem like a large number,
but it is a higher proportion of people working from home than is found in
96.6% of the neighborhoods in the United States.
One thing NeighborhoodScout's research reveals is that the wealthier and/or
more isolated the neighborhood, the greater the proportion of residents who
choose to work from home.