Area Insights of 33177, Miami, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 392 homes were sold with 110 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

33177, Miami, FL

Date

05-21-2023

Price Ratio

99%

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

First Impressions Preschool

KG to 1

My Academy Preschool and Learning Center

PK to 2

Bumble Bee Daycare

KG to 5

Middle School

Herbert A. Ammons Middle School

6 to 8

Ratings

A+

Somerset Academy Charter Middle School

6 to 8

Ratings

B-

High School

Secondary Student Success Center 803

6 to 12

Ratings

F

Robert Morgan Educational Center

9 to 12

Ratings

B

Robert Morgan Educational Center and Technical College

9 to 12

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 increase of 4% 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 (56,103)
27,339 Male
28,764 Female
Education
34% High School
12% Associate
16% Bachelor
8% Graduate
Age

Average Age is 43 Years

Household Details

The area's household landscape is diverse, with 73% owner-occupied homes and 27% renter-occupied properties. Family households represent 84% of the population, indicating a strong community focus on family living. The average home value stands at $597,029, which suggests ample demand for multi-bedroom properties.

Total Households
16,000
Average home value
$597,029
Owned
73%
Rented
27%
Vacant
4%
Families
84%
Married
55%
With children
39%

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 2% Asian, 10% Black, and 0% Native residents, alongside 25% White and 80% 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 26% of households earning over $100,000 annually, while 40% 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
18%
Professional
6%
Education
8%
Services
28%
Labor
16%
Retail
13%
Other
10%
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