SW 203rd Ter / SW 114th Ct median real estate price is $424,255, which is more expensive than 47.3% of the neighborhoods in Florida and 55.3% of the neighborhoods in the U.S.
The average rental price in SW 203rd Ter / SW 114th Ct is currently $3,604, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.3% of the neighborhoods in Florida.
SW 203rd Ter / SW 114th Ct is an urban neighborhood (based on population density) located in Cutler Bay, Florida.
SW 203rd Ter / SW 114th Ct 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 occupied by a mixture of owners and renters. Many of the residences in the SW 203rd Ter / SW 114th Ct neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.4% in SW 203rd Ter / SW 114th Ct. NeighborhoodScout analysis shows that this rate is lower than 57.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Cutler Bay, the SW 203rd Ter / SW 114th Ct neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the SW 203rd Ter / SW 114th Ct neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the SW 203rd Ter / SW 114th Ct community truly stands out from the rest in this regard.
The SW 203rd Ter / SW 114th Ct neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.2% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Furthermore, more people work in manufacturing and as laborers here in the SW 203rd Ter / SW 114th Ct neighborhood than in 99.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Did you know that the SW 203rd Ter / SW 114th Ct neighborhood has more Cuban and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.2% of this neighborhood's residents have Cuban ancestry and 6.5% have Jamaican ancestry.
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 SW 203rd Ter / SW 114th Ct neighborhood has a greater percentage of residents born in another country (58.2%) than are found in 99.0% 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 203rd Ter / SW 114th Ct neighborhood in Cutler Bay are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.1% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 SW 203rd Ter / SW 114th Ct neighborhood, 50.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 8.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the SW 203rd Ter / SW 114th Ct neighborhood is Spanish, spoken by 54.4% of households. Some people also speak English (45.0%).
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 SW 203rd Ter / SW 114th Ct neighborhood in Cutler Bay, FL, residents most commonly identify their ethnicity or ancestry as Cuban (39.2%). There are also a number of people of Asian ancestry (13.8%), and residents who report Puerto Rican roots (8.5%), and some of the residents are also of Jamaican ancestry (6.5%), along with some South American ancestry residents (5.2%), among others. In addition, 58.2% 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 203rd Ter / SW 114th Ct neighborhood spend between 45 minutes and one hour commuting one-way to work (44.1% of working residents), longer and tougher than most commutes in America.
Here most residents (76.6%) 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 (6.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.