NW 2nd St / NW 14th Ave median real estate price is $538,132, which is more expensive than 66.6% of the neighborhoods in Florida and 69.8% of the neighborhoods in the U.S.
The average rental price in NW 2nd St / NW 14th Ave is currently $2,534, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.0% of Florida neighborhoods.
NW 2nd St / NW 14th Ave is a densely urban neighborhood (based on population density) located in Miami, Florida.
NW 2nd St / NW 14th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the NW 2nd St / NW 14th Ave 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 NW 2nd St / NW 14th Ave are 3.1%, which is lower than one will find in 79.3% of American neighborhoods. Demand for real estate in NW 2nd St / NW 14th Ave 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.
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 NW 2nd St / NW 14th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The NW 2nd St / NW 14th Ave 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 95.8% 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.
In addition, renter-occupied real estate is dominant in the NW 2nd St / NW 14th Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.7%, which is higher than 97.2% 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.
Furthermore, the real estate in the NW 2nd St / NW 14th Ave 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, 82.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.1% of American neighborhoods.
Also of note, if you like crowded places, then you will probably enjoy the the NW 2nd St / NW 14th Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,981 people per square mile living here.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (16.5% ride the bus) than 97.8% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, in the NW 2nd St / NW 14th Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.9% of commuters carpool here, which is more than in 96.5% of all U.S. neighborhoods.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the NW 2nd St / NW 14th Ave neighborhood buck this trend. 21.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.6% of U.S. neighborhoods.
Occupations
There are more people living in the NW 2nd St / NW 14th Ave neighborhood employed as sales and service workers (61.7%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the NW 2nd St / NW 14th Ave neighborhood has a greater percentage of residents born in another country (79.2%) than are found in 100.0% of all U.S. neighborhoods.
Diversity
Did you know that the NW 2nd St / NW 14th Ave neighborhood has more Cuban and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.0% of this neighborhood's residents have Cuban ancestry and 6.0% have Dominican ancestry.
NW 2nd St / NW 14th Ave is also pretty special linguistically. Significantly, 97.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
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 NW 2nd St / NW 14th Ave neighborhood in Miami are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.1% of U.S. neighborhoods. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.8% 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 NW 2nd St / NW 14th Ave neighborhood, 38.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 10.4% in executive, management, and professional occupations.
Languages
The most common language spoken in the NW 2nd St / NW 14th Ave neighborhood is Spanish, spoken by 97.0% of households. Some people also speak English (2.6%).
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 NW 2nd St / NW 14th Ave neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (32.0%). There are also a number of people of South American ancestry (8.6%), and residents who report Dominican roots (6.0%), and some of the residents are also of Puerto Rican ancestry (2.1%), along with some Mexican ancestry residents (1.6%), among others. In addition, 79.2% 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 NW 2nd St / NW 14th Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (40.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (54.5%) 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 (23.9%) and 16.5% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
