Overtown North median real estate price is $464,119, which is more expensive than 53.0% of the neighborhoods in Florida and 60.4% of the neighborhoods in the U.S.
The average rental price in Overtown North is currently $1,901, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.2% of Florida neighborhoods.
Overtown North is a densely urban neighborhood (based on population density) located in Miami, Florida.
Overtown North 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 Overtown North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Overtown North has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
One of the unique characteristics of the Overtown North neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.1% of the neighborhoods in America. Also of note, 73.2% 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.
Our research revealed that more commuters here take the bus to work (12.2% ride the bus) than 96.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
86.1% of the real estate in the Overtown North neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Did you know that the Overtown North neighborhood has more Cuban and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.4% of this neighborhood's residents have Cuban ancestry and 5.9% have Haitian ancestry.
Overtown North is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Overtown North 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 96.1% of U.S. neighborhoods. With 73.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.8% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Overtown North neighborhood, 32.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 16.7% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Overtown North neighborhood is English, spoken by 62.8% of households. Other important languages spoken here include Spanish and French.
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 Overtown North neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Cuban (15.4%). There are also a number of people of German ancestry (8.2%), and residents who report Haitian roots (5.9%), and some of the residents are also of South American ancestry (4.0%), along with some Sub-Saharan African ancestry residents (3.6%), among others. In addition, 30.8% 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 Overtown North neighborhood spend between 15 and 30 minutes commuting one-way to work (34.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.6%) 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 (18.2%) and 12.2% 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.