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Real Estate Prices & Overview

S Okeechobee Rd / W 32nd Pl median real estate price is $497,972, which is more expensive than 62.2% of the neighborhoods in Florida and 65.3% of the neighborhoods in the U.S.

The average rental price in S Okeechobee Rd / W 32nd Pl is currently $2,847, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.2% of the neighborhoods in Florida.

S Okeechobee Rd / W 32nd Pl is an urban neighborhood (based on population density) located in Hialeah, Florida.

S Okeechobee Rd / W 32nd Pl real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes 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 S Okeechobee Rd / W 32nd Pl neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In S Okeechobee Rd / W 32nd Pl, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in S Okeechobee Rd / W 32nd Pl 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 S Okeechobee Rd / W 32nd Pl neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the S Okeechobee Rd / W 32nd Pl neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the real estate in this neighborhood consists of more mobile homes than 99.0% of all neighborhoods in America, with 49.2% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

Of note, 69.7% 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.

Occupations

There are more people living in the S Okeechobee Rd / W 32nd Pl neighborhood employed as sales and service workers (62.0%) 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.

Modes of Transportation

In the S Okeechobee Rd / W 32nd Pl neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

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 S Okeechobee Rd / W 32nd Pl neighborhood has a greater percentage of residents born in another country (75.6%) than are found in 99.9% of all U.S. neighborhoods.

Diversity

Did you know that the S Okeechobee Rd / W 32nd Pl neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 63.0% of this neighborhood's residents have Cuban ancestry and 9.7% have South American ancestry.

S Okeechobee Rd / W 32nd Pl is also pretty special linguistically. Significantly, 85.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.

The Neighbors

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 S Okeechobee Rd / W 32nd Pl 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 93.6% of U.S. neighborhoods. With 69.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.6% 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 S Okeechobee Rd / W 32nd Pl neighborhood, 38.0% 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 33.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.8%), and 7.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Okeechobee Rd / W 32nd Pl neighborhood is Spanish, spoken by 85.8% of households. Some people also speak English (13.0%).

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 S Okeechobee Rd / W 32nd Pl neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (63.0%). There are also a number of people of South American ancestry (9.7%), and residents who report Italian roots (3.7%), and some of the residents are also of Puerto Rican ancestry (1.4%). In addition, 75.6% 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 S Okeechobee Rd / W 32nd Pl neighborhood spend between 15 and 30 minutes commuting one-way to work (50.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (57.6%) 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 (11.9%) . 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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