SW 107th St / SW 109th Ct median real estate price is $295,130, which is less expensive than 73.6% of Florida neighborhoods and 63.3% of all U.S. neighborhoods.
The average rental price in SW 107th St / SW 109th Ct is currently $2,345, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.2% of Florida neighborhoods.
SW 107th St / SW 109th Ct is a densely urban neighborhood (based on population density) located in Miami, Florida.
SW 107th St / SW 109th Ct 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 occupied by a mixture of owners and renters. Many of the residences in the SW 107th St / SW 109th Ct 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 SW 107th St / SW 109th Ct are 4.9%, which is lower than one will find in 65.1% of American neighborhoods. Demand for real estate in SW 107th St / SW 109th Ct 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 SW 107th St / SW 109th Ct neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really unique and interesting things about the look and setting of the SW 107th St / SW 109th Ct neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.0% of all neighborhoods in America.
In addition, the SW 107th St / SW 109th Ct 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 94.2% 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.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the SW 107th St / SW 109th Ct 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, 90.3% of the residential real estate here was built in this one time period.
Did you know that the SW 107th St / SW 109th Ct neighborhood has more Cuban and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.8% of this neighborhood's residents have Cuban ancestry and 3.8% have Brazilian ancestry.
SW 107th St / SW 109th Ct is also pretty special linguistically. Significantly, 72.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.7% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the SW 107th St / SW 109th Ct neighborhood. What is interesting to note, is that the SW 107th St / SW 109th Ct neighborhood has a greater percentage of residents born in another country (63.3%) than are found in 99.4% 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 SW 107th St / SW 109th Ct 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 92.5% of U.S. neighborhoods. With 11.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.8% 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 SW 107th St / SW 109th Ct neighborhood, 34.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (28.4%), and 7.1% in manufacturing and laborer occupations.
The most common language spoken in the SW 107th St / SW 109th Ct neighborhood is Spanish, spoken by 72.3% of households. Some people also speak English (23.6%).
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 SW 107th St / SW 109th Ct neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (35.8%). There are also a number of people of South American ancestry (18.9%), and residents who report Dominican roots (4.7%), and some of the residents are also of Brazilian ancestry (3.8%), along with some British ancestry residents (3.4%), among others. In addition, 63.3% 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 SW 107th St / SW 109th Ct neighborhood spend between 15 and 30 minutes commuting one-way to work (36.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.1%) 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 (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.