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Real Estate Prices & Overview

W 46th St / W 13th Ln median real estate price is $308,714, which is less expensive than 72.6% of Florida neighborhoods and 58.7% of all U.S. neighborhoods.

The average rental price in W 46th St / W 13th Ln is currently $3,108, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.7% of the neighborhoods in Florida.

W 46th St / W 13th Ln is a densely urban neighborhood (based on population density) located in Hialeah, Florida.

W 46th St / W 13th 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the W 46th St / W 13th 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 46th St / W 13th Ln, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.9% of all neighborhoods in the U.S. This means that the housing supply in W 46th St / W 13th Ln 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 46th St / W 13th Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Astoundingly, the W 46th St / W 13th Ln neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Hialeah neighborhood.

In addition, one of the unique characteristics of the W 46th St / W 13th Ln neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.5% of the neighborhoods in America.

Also, the W 46th St / W 13th Ln neighborhood stands out within Florida for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.9% of college-friendly places to live in FL.

Modes of Transportation

Our research shows that more people carpool to work here in the W 46th St / W 13th Ln (29.0%) than in 98.6% of the neighborhoods in America.

Real Estate

The real estate in the W 46th St / W 13th Ln neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 83.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.2% of American neighborhoods.

In addition, the W 46th St / W 13th Ln 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 82.6% 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.

Diversity

Did you know that the W 46th St / W 13th Ln neighborhood has more Cuban and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 90.7% of this neighborhood's residents have Cuban ancestry and 9.0% have Lebanese ancestry.

W 46th St / W 13th Ln is also pretty special linguistically. Significantly, 94.8% 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.

Migration / Stability

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 46th St / W 13th Ln neighborhood has a greater percentage of residents born in another country (81.1%) than are found in 100.0% of all U.S. neighborhoods.

The Neighbors

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 46th St / W 13th 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 98.5% of U.S. neighborhoods. With 11.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.2% of U.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 W 46th St / W 13th Ln neighborhood, 40.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 9.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the W 46th St / W 13th Ln neighborhood is Spanish, spoken by 94.8% of households. Some people also speak English (5.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the W 46th St / W 13th Ln neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (90.7%). There are also a number of people of Arab ancestry (9.0%), and residents who report Lebanese roots (9.0%), and some of the residents are also of South American ancestry (3.9%), along with some Puerto Rican ancestry residents (1.4%), among others. In addition, 81.1% 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 46th St / W 13th Ln neighborhood spend between 30 and 45 minutes commuting one-way to work (38.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (65.4%) 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 (29.0%) . 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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