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Real Estate Prices & Overview

Little Havana West median real estate price is $470,623, which is more expensive than 55.8% of the neighborhoods in Florida and 61.0% of the neighborhoods in the U.S.

The average rental price in Little Havana West is currently $1,971, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.3% of Florida neighborhoods.

Little Havana West is a densely urban neighborhood (based on population density) located in Miami, Florida.

Little Havana West 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 renter occupied. Many of the residences in the Little Havana West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Little Havana West are 3.5%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Little Havana West 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.

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 Miami, the Little Havana West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Little Havana West neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States. Also of note, 59.7% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.3%. This is a higher percent living alone than we found in 95.6% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

The Little Havana West 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 94.0% 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.

In addition, renter-occupied real estate is dominant in the Little Havana West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.4%, which is higher than 97.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, if you like crowded places, then you will probably enjoy the the Little Havana West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,406 people per square mile living here.

Also of note, one of the really unique and interesting things about the look and setting of the Little Havana West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 80.0% 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 96.7% of all neighborhoods in America.

Occupations

More people work in manufacturing and as laborers here in the Little Havana West neighborhood than in 98.6% 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.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Little Havana West neighborhood has a greater percentage of residents born in another country (84.7%) than are found in 100.0% of all U.S. neighborhoods.

Diversity

Did you know that the Little Havana West neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.7% of this neighborhood's residents have Cuban ancestry and 11.7% have South American ancestry.

Little Havana West is also pretty special linguistically. Significantly, 97.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 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 Little Havana West 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 99.2% of U.S. neighborhoods. With 59.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.9% 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 Little Havana West neighborhood, 48.8% 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 26.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 10.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Little Havana West neighborhood is Spanish, spoken by 97.4% of households.

Ethnicity / Ancestry

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 Little Havana West neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (39.7%). There are also a number of people of South American ancestry (11.7%), and residents who report Mexican roots (4.7%), and some of the residents are also of Spanish ancestry (2.2%), along with some Puerto Rican ancestry residents (1.7%), among others. In addition, 84.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Little Havana West neighborhood spend between 15 and 30 minutes commuting one-way to work (33.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.9%) 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 (14.9%) and 8.6% of residents also ride the bus for their daily commute. 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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