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Real Estate Prices & Overview

Central West median real estate price is $574,311, which is more expensive than 71.0% of the neighborhoods in Florida and 72.7% of the neighborhoods in the U.S.

The average rental price in Central West is currently $2,915, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.3% of the neighborhoods in Florida.

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

Central 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 occupied by a mixture of owners and renters. Many of the residences in the Central West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Central West has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.7% 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.

Notable & Unique Neighborhood Characteristics

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.

People

NeighborhoodScout's exclusive research revealed that 95.4% of the adult residents in the Central West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.

In addition, single parenting is hard. But you don't have to tell the Central West neighborhood about it; they already know. 20.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.5% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.

Real Estate

One of the really unique and interesting things about the look and setting of the Central West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 77.8% 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 96.4% of all neighborhoods in America.

In addition, renter-occupied real estate is dominant in the Central West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.2%, which is higher than 96.0% 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 Central West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.1% of neighborhoods in the U.S., with 20,877 people per square mile living here.

Occupations

There are more people living in the Central West neighborhood employed as sales and service workers (61.1%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Central West neighborhood has more Haitian and West Indian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 64.2% of this neighborhood's residents have Haitian ancestry and 0.2% have West Indian ancestry.

Central West is also pretty special linguistically. Significantly, 67.5% of its residents five years old and above primarily speak French at home. This is a higher percentage than 100.0% 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 Central West neighborhood has a greater percentage of residents born in another country (63.8%) than are found in 99.5% 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 Central West neighborhood in North 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 86.9% of U.S. neighborhoods. In addition, 7.3% 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 57.8% 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 Central West neighborhood, 38.9% 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 clerical, assistant, and tech support occupations, with 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.0%), and 10.6% in executive, management, and professional occupations.

Languages

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 Central West neighborhood is French, spoken by 67.5% of households. Other important languages spoken here include Spanish and English.

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 Central West neighborhood in North Miami, FL, residents most commonly identify their ethnicity or ancestry as Haitian (64.2%). There are also a number of people of Puerto Rican ancestry (4.9%), and residents who report Cuban roots (3.8%), and some of the residents are also of South American ancestry (3.4%). In addition, 63.8% 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 Central West neighborhood spend between 30 and 45 minutes commuting one-way to work (43.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (68.8%) 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 (16.4%) and 13.2% 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.


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