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.
In a nation where 1 out of every 4 children lives in poverty, the SW 203rd Ter / SW 114th Ct neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
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.
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 203rd Ter / SW 114th Ct neighborhood. 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.
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 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%).
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 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.
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 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.