W 41st St / W 12th Ln median real estate price is $318,513, which is less expensive than 71.1% of Florida neighborhoods and 57.0% of all U.S. neighborhoods.
The average rental price in W 41st St / W 12th Ln is currently $3,370, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.5% of the neighborhoods in Florida.
W 41st St / W 12th Ln is a densely urban neighborhood (based on population density) located in Hialeah, Florida.
W 41st St / W 12th Ln 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 W 41st St / W 12th Ln neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In W 41st St / W 12th Ln, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.4% of all neighborhoods in the U.S. This means that the housing supply in W 41st St / W 12th Ln is very tight compared to the demand for property here.
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 41st St / W 12th Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research identifies the W 41st St / W 12th Ln 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 43.4% of its working residents employed in such fields, which is a higher proportion than 96.2% of American neighborhoods.
Most neighborhoods are composed of a mixture of ages of homes, but the W 41st St / W 12th Ln 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, 82.9% of the residential real estate here was built in this one time period.
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 W 41st St / W 12th Ln neighborhood has a greater percentage of residents born in another country (80.8%) than are found in 100.0% of all U.S. neighborhoods.
Did you know that the W 41st St / W 12th Ln neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 79.5% of this neighborhood's residents have Cuban ancestry.
W 41st St / W 12th Ln is also pretty special linguistically. Significantly, 96.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% 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 W 41st St / W 12th Ln neighborhood in Hialeah are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.9% of U.S. neighborhoods. With 34.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.8% 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 W 41st St / W 12th Ln neighborhood, 43.4% 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 20.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.5%), and 16.8% in executive, management, and professional occupations.
The most common language spoken in the W 41st St / W 12th Ln neighborhood is Spanish, spoken by 96.0% of households. Some people also speak English (4.0%).
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 W 41st St / W 12th Ln neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (79.5%). In addition, 80.8% 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 W 41st St / W 12th Ln neighborhood spend between 30 and 45 minutes commuting one-way to work (39.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (79.0%) 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 (11.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.