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Real Estate Prices & Overview

Flagami Southwest median real estate price is $678,306, which is more expensive than 80.1% of the neighborhoods in Florida and 79.3% of the neighborhoods in the U.S.

The average rental price in Flagami Southwest is currently $1,574, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.5% of Florida neighborhoods.

Flagami Southwest is a densely urban neighborhood (based on population density) located in Miami, Florida.

Flagami Southwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Flagami Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Flagami Southwest, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 92.0% of all neighborhoods in the U.S. This means that the housing supply in Flagami Southwest is very tight compared to the demand for property here.

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 Miami, the Flagami Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Flagami Southwest neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.9% of all American neighborhoods.

People

Astoundingly, the Flagami Southwest neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 95.5% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Miami neighborhood.

Diversity

Did you know that the Flagami Southwest neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.9% of this neighborhood's residents have Cuban ancestry.

Flagami Southwest is also pretty special linguistically. Significantly, 93.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.8% of all U.S. neighborhoods.

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 Flagami Southwest neighborhood has a greater percentage of residents born in another country (82.5%) than are found in 100.0% of all U.S. neighborhoods.

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 Flagami Southwest neighborhood in Miami are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.7% of U.S. neighborhoods. With 10.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.3% 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 Flagami Southwest neighborhood, 39.0% 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 27.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Flagami Southwest neighborhood is Spanish, spoken by 93.0% of households. Some people also speak English (6.7%).

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 Flagami Southwest neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (85.9%). There are also a number of people of Italian ancestry (2.2%), and residents who report Dominican roots (2.0%), and some of the residents are also of South American ancestry (1.7%), along with some French ancestry residents (1.3%), among others. In addition, 82.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Flagami Southwest neighborhood spend between 30 and 45 minutes commuting one-way to work (40.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (74.0%) 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 (11.9%) and 5.9% 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.


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