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Real Estate Prices & Overview

Bel Aire median real estate price is $580,728, which is more expensive than 67.5% of the neighborhoods in Florida and 70.8% of the neighborhoods in the U.S.

The average rental price in Bel Aire is currently $3,669, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in Florida.

Bel Aire is a suburban neighborhood (based on population density) located in Cutler Bay, Florida.

Bel Aire 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 owner occupied. Many of the residences in the Bel Aire 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 Bel Aire are 3.6%, which is lower than one will find in 76.5% of American neighborhoods. Demand for real estate in Bel Aire 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 Cutler Bay, the Bel Aire neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Bel Aire neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.4% of commuters carpool here, which is more than in 98.9% of all U.S. neighborhoods.

Diversity

Did you know that the Bel Aire neighborhood has more Cuban and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.8% of this neighborhood's residents have Cuban ancestry and 3.5% have Haitian ancestry.

Bel Aire is also pretty special linguistically. Significantly, 6.8% 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 98.4% of the neighborhoods in America.

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 Bel Aire neighborhood in Cutler Bay are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.9% of the neighborhoods in America. With 31.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.2% of U.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 Bel Aire neighborhood, 38.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.3%), and 14.2% 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 Bel Aire neighborhood is Spanish, spoken by 45.5% of households. Other important languages spoken here include English, French and Korean.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Bel Aire neighborhood in Cutler Bay, FL, residents most commonly identify their ethnicity or ancestry as Cuban (35.8%). There are also a number of people of Irish ancestry (6.4%), and residents who report South American roots (5.8%), and some of the residents are also of German ancestry (5.2%), along with some Haitian ancestry residents (3.5%), among others. In addition, 36.8% 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 Bel Aire neighborhood spend between 30 and 45 minutes commuting one-way to work (45.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (60.8%) 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 (30.4%) . 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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