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Real Estate Prices & Overview

W Flagler St / Northwest Blvd median real estate price is $566,788, which is more expensive than 70.0% of the neighborhoods in Florida and 72.1% of the neighborhoods in the U.S.

The average rental price in W Flagler St / Northwest Blvd is currently $3,291, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.7% of the neighborhoods in Florida.

W Flagler St / Northwest Blvd is an urban neighborhood (based on population density) located in Miami, Florida.

W Flagler St / Northwest Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the W Flagler St / Northwest Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in W Flagler St / Northwest Blvd are 3.1%, which is lower than one will find in 79.6% of American neighborhoods. Demand for real estate in W Flagler St / Northwest Blvd 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

NeighborhoodScout's exclusive research identifies the W Flagler St / Northwest Blvd neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.0% of its working residents employed in such fields, which is a higher proportion than 98.1% of American neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the W Flagler St / Northwest Blvd neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 31.7% of the residential real estate here is classified as row houses and attached homes.

In addition, 83.9% of the real estate in the W Flagler St / Northwest Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the W Flagler St / Northwest Blvd neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.9% of this neighborhood's residents have Cuban ancestry.

W Flagler St / Northwest Blvd is also pretty special linguistically. Significantly, 93.8% 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

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 W Flagler St / Northwest Blvd neighborhood has a greater percentage of residents born in another country (69.2%) than are found in 99.7% of all U.S. neighborhoods.

The Neighbors

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 W Flagler St / Northwest Blvd 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 76.3% of U.S. neighborhoods. With 31.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the W Flagler St / Northwest Blvd neighborhood, 47.0% of the working population is employed in manufacturing and laborer 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 29.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.9%).

Languages

The most common language spoken in the W Flagler St / Northwest Blvd neighborhood is Spanish, spoken by 93.8% of households. Some people also speak English (6.2%).

Ethnicity / Ancestry

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 W Flagler St / Northwest Blvd neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (61.9%). There are also a number of people of South American ancestry (3.3%), and residents who report Spanish roots (2.9%), and some of the residents are also of German ancestry (2.4%), along with some Mexican ancestry residents (1.4%), among others. In addition, 69.2% 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 W Flagler St / Northwest Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (52.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.5%) 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 (10.8%) . 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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