Area Insights of 33168, Miami, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 116 homes were sold with 21 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33168, Miami, FL

Date

05-17-2023

Price Ratio

97%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Northwest Christian Academy

1 to 8

Excel Kids Academy-Benjamin Franklin K-8

KG to 5

St James Catholic School

PK to 8

Middle School

Thomas Jefferson Middle School

6 to 8

Ratings

C

High School

Doctors Charter School of Miami Shores

6 to 12

Ratings

B-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 5% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (24,438)
12,185 Male
12,253 Female
Education
38% High School
9% Associate
11% Bachelor
6% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 75% owner-occupied homes and 25% renter-occupied properties. Family households represent 78% of the population, indicating a strong community focus on family living. The average home value stands at $527,436, which suggests ample demand for multi-bedroom properties.

Total Households
6,619
Average home value
$527,436
Owned
75%
Rented
25%
Vacant
5%
Families
78%
Married
44%
With children
35%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 1% Asian, 63% Black, and 1% Native residents, alongside 11% White and 28% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 19% of households earning over $100,000 annually, while 39% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
17%
Professional
3%
Education
5%
Services
39%
Labor
15%
Retail
13%
Other
7%
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