Cutler Bay Southwest median real estate price is $617,963, which is more expensive than 76.4% of the neighborhoods in Florida and 74.9% of the neighborhoods in the U.S.
The average rental price in Cutler Bay Southwest is currently $2,847, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.2% of the neighborhoods in Florida.
Cutler Bay Southwest is a suburban neighborhood (based on population density) located in Cutler Bay, Florida.
Cutler Bay Southwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Cutler Bay Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Cutler Bay Southwest, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.6% of all neighborhoods in the U.S. This means that the housing supply in Cutler Bay Southwest is very tight compared to the demand for property here.
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 Cutler Bay Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Cutler Bay Southwest neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.5% of U.S. neighborhoods.
Homes built from 2000 through today make up a higher proportion of the Cutler Bay Southwest neighborhood's real estate landscape than 95.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 70.7% of the residential real estate here is classified as newer.
Did you know that the Cutler Bay Southwest neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.4% of this neighborhood's residents have Cuban ancestry and 20.5% have South American ancestry.
Cutler Bay Southwest is also pretty special linguistically. Significantly, 71.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% of all U.S. neighborhoods.
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 Cutler Bay Southwest neighborhood has a greater percentage of residents born in another country (44.8%) than are found in 95.9% of all U.S. neighborhoods.
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 Cutler Bay Southwest neighborhood in Cutler Bay are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.4% of the neighborhoods in America. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.2% 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 Cutler Bay Southwest neighborhood, 31.6% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.8%), and 21.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cutler Bay Southwest neighborhood is Spanish, spoken by 71.2% of households. Some people also speak English (27.9%).
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 Cutler Bay Southwest neighborhood in Cutler Bay, FL, residents most commonly identify their ethnicity or ancestry as Cuban (40.4%). There are also a number of people of South American ancestry (20.5%), and residents who report Haitian roots (4.7%), and some of the residents are also of German ancestry (3.6%), along with some Dominican ancestry residents (3.3%), among others. In addition, 44.8% of the residents of this neighborhood were born in another country.
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 Cutler Bay Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (36.3% of working residents), longer and tougher than most commutes in America.
Here most residents (78.2%) 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.