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Real Estate Prices & Overview

W 35th Ave / W 72nd St median real estate price is $417,891, which is more expensive than 48.6% of the neighborhoods in Florida and 54.9% of the neighborhoods in the U.S.

The average rental price in W 35th Ave / W 72nd St is currently $3,255, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.3% of the neighborhoods in Florida.

W 35th Ave / W 72nd St is a densely urban neighborhood (based on population density) located in Hialeah, Florida.

W 35th Ave / W 72nd St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the W 35th Ave / W 72nd St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In W 35th Ave / W 72nd St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in W 35th Ave / W 72nd St 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 Hialeah, the W 35th Ave / W 72nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the W 35th Ave / W 72nd St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the W 35th Ave / W 72nd St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.2% of the residential real estate here was built in this one time period.

Modes of Transportation

While most Americans do drive to work alone each day, the W 35th Ave / W 72nd St neighborhood stands out by having 87.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.8% of all American neighborhoods.

Diversity

Did you know that the W 35th Ave / W 72nd St neighborhood has more Cuban and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.1% of this neighborhood's residents have Cuban ancestry and 4.1% have Dominican ancestry.

W 35th Ave / W 72nd St is also pretty special linguistically. Significantly, 93.1% 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 35th Ave / W 72nd St neighborhood has a greater percentage of residents born in another country (70.2%) than are found in 99.8% 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 W 35th Ave / W 72nd St neighborhood in Hialeah are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.1% of the neighborhoods in America. In addition, 1.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 76.9% of America'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 W 35th Ave / W 72nd St neighborhood, 30.2% 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 26.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.2%), and 18.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W 35th Ave / W 72nd St neighborhood is Spanish, spoken by 93.1% of households. Some people also speak English (5.9%).

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 35th Ave / W 72nd St neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (66.1%). There are also a number of people of South American ancestry (7.0%), and residents who report Dominican roots (4.1%), and some of the residents are also of Puerto Rican ancestry (3.2%). In addition, 70.2% 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 W 35th Ave / W 72nd St neighborhood spend between 30 and 45 minutes commuting one-way to work (28.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (87.9%) drive alone in a private automobile to get to work. 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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