Silver Lakes North median real estate price is $856,011, which is more expensive than 89.1% of the neighborhoods in Florida and 86.7% of the neighborhoods in the U.S.
The average rental price in Silver Lakes North is currently $7,034, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in Florida.
Silver Lakes North is a suburban neighborhood (based on population density) located in Pembroke Pines, Florida.
Silver Lakes North real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Silver Lakes 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.
In Silver Lakes North, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 93.1% of all neighborhoods in the U.S. This means that the housing supply in Silver Lakes North is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Most neighborhoods are composed of a mixture of ages of homes, but the Silver Lakes North 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, 98.1% of the residential real estate here was built in this one time period.
In addition, owner-occupied real estate dominates the Silver Lakes North neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.7% of neighborhoods in America.
According to NeighborhoodScout's exclusive analysis, Silver Lakes North is among the best neighborhoods for families in Florida. In fact, this neighborhood is more family-friendly than 98.3% of neighborhoods in the entire state of Florida. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Silver Lakes North neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Did you know that the Silver Lakes North neighborhood has more Cuban and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.6% of this neighborhood's residents have Cuban ancestry and 2.5% have Canadian ancestry.
Silver Lakes North is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Silver Lakes North neighborhood. More residents of the Silver Lakes North neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Silver Lakes North neighborhood in Pembroke Pines are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.7% of the neighborhoods in America. In addition, 9.5% 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 52.0% of America'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 Silver Lakes North neighborhood, 63.3% of the working population is employed in executive, management, and professional 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 17.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.8%), and 6.4% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Silver Lakes North neighborhood is Spanish, spoken by 50.9% of households. Some people also speak English (44.3%).
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 Silver Lakes North neighborhood in Pembroke Pines, FL, residents most commonly identify their ethnicity or ancestry as Cuban (18.6%). There are also a number of people of South American ancestry (13.4%), and residents who report German roots (6.9%), and some of the residents are also of Puerto Rican ancestry (6.7%), along with some English ancestry residents (5.0%), among others. In addition, 26.3% 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 Silver Lakes North neighborhood spend between 15 and 30 minutes commuting one-way to work (38.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.0%) 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 (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.