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Real Estate Prices & Overview

Hialeah Acres South median real estate price is $388,530, which is more expensive than 42.8% of the neighborhoods in Florida and 53.7% of the neighborhoods in the U.S.

The average rental price in Hialeah Acres South is currently $2,429, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.6% of Florida neighborhoods.

Hialeah Acres South is a densely urban neighborhood (based on population density) located in Hialeah, Florida.

Hialeah Acres South 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Hialeah Acres South 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 Hialeah Acres South, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.3% of all neighborhoods in the U.S. This means that the housing supply in Hialeah Acres South 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 Hialeah Acres South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the really interesting characteristics about the Hialeah Acres South neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.5% of college-friendly places to live in the state of Florida.

Real Estate

Renter-occupied real estate is dominant in the Hialeah Acres South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.5%, which is higher than 96.1% 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.

In addition, the Hialeah Acres South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Migration / Stability

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 Hialeah Acres South neighborhood. What is interesting to note, is that the Hialeah Acres South neighborhood has a greater percentage of residents born in another country (84.0%) than are found in 100.0% of all U.S. neighborhoods.

Diversity

Did you know that the Hialeah Acres South neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.2% of this neighborhood's residents have Cuban ancestry.

Hialeah Acres South is also pretty special linguistically. Significantly, 95.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% 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 Hialeah Acres South 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 88.3% of U.S. neighborhoods. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.5% of U.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 Hialeah Acres South neighborhood, 40.6% of the working population is employed in manufacturing and laborer 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 28.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.5%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hialeah Acres South neighborhood is Spanish, spoken by 95.6% of households. Some people also speak English (4.4%).

Ethnicity / Ancestry

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 Hialeah Acres South neighborhood in Hialeah, FL, residents most commonly identify their ethnicity or ancestry as Cuban (75.2%). There are also a number of people of Puerto Rican ancestry (2.2%), and residents who report South American roots (1.8%). In addition, 84.0% 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 Hialeah Acres South neighborhood spend between 15 and 30 minutes commuting one-way to work (40.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.6%) 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 (15.1%) . 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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