Brickell median real estate price is $672,916, which is more expensive than 80.7% of the neighborhoods in Florida and 79.6% of the neighborhoods in the U.S.
The average rental price in Brickell is currently $2,858, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.5% of the neighborhoods in Florida.
Brickell is a densely urban neighborhood (based on population density) located in Miami, Florida.
Brickell 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Brickell neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.5% in Brickell. NeighborhoodScout analysis shows that this rate is lower than 45.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Real Estate
97.1% of the real estate in the Brickell neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Brickell neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,723 persons per square mile in the neighborhood, it is more packed with people than 97.9% of the nation's neighborhoods.
Furthermore, the Brickell 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 89.8% 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.
Also of note, the real estate in the Brickell 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, 86.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.6% of American neighborhoods.
Finally, homes built from 2000 through today make up a higher proportion of the Brickell neighborhood's real estate landscape than 95.2% 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, 66.8% of the residential real estate here is classified as newer.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Brickell neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.8% of all American neighborhoods.
Furthermore, with 2.8% of employed workers living in the Brickell neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
People
One of the unique characteristics of the Brickell neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.0% of the neighborhoods in America. Also of note, 55.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 95.4% of U.S. neighborhoods.
Diversity
Did you know that the Brickell neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.6% of this neighborhood's residents have South American ancestry and 33.8% have Cuban ancestry.
Brickell is also pretty special linguistically. Significantly, 66.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% 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 Brickell neighborhood has a greater percentage of residents born in another country (64.5%) than are found in 99.5% 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 Brickell 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 95.0% of U.S. neighborhoods. With 55.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.8% 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 Brickell neighborhood, 42.6% 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 executive, management, and professional occupations, with 34.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 11.2% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Brickell neighborhood is Spanish, spoken by 66.1% of households. Some people also speak English (29.6%).
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 Brickell neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (33.8%). There are also a number of people of South American ancestry (27.6%), and residents who report Puerto Rican roots (5.4%), and some of the residents are also of German ancestry (5.3%), along with some Polish ancestry residents (4.5%), among others. In addition, 64.5% of the residents of this neighborhood were born in another country.
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 Brickell neighborhood spend between 15 and 30 minutes commuting one-way to work (46.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.6%) 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 (14.3%) and 11.1% 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.
