Ives Estates median real estate price is $582,787, which is more expensive than 71.8% of the neighborhoods in Florida and 73.3% of the neighborhoods in the U.S.
The average rental price in Ives Estates is currently $4,927, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.5% of the neighborhoods in Florida.
Ives Estates is an urban neighborhood (based on population density) located in Miami, Florida.
Ives Estates 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 Ives Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Ives Estates, the current vacancy rate is 0.4%, which is a lower rate of vacancies than 93.2% of all neighborhoods in the U.S. This means that the housing supply in Ives Estates is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Did you know that the Ives Estates neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.5% of this neighborhood's residents have Haitian ancestry and 10.9% have Jamaican ancestry.
Ives Estates is also pretty special linguistically. Significantly, 34.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Ives Estates neighborhood in Miami are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.0% of the neighborhoods in America. In addition, 3.3% 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 70.3% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Ives Estates neighborhood, 36.7% 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 33.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 12.7% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ives Estates neighborhood is English, spoken by 36.9% of households. Other important languages spoken here include French, Spanish and Portuguese.
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 Ives Estates neighborhood in Miami, FL, residents most commonly identify their ethnicity or ancestry as Haitian (31.5%). There are also a number of people of Jamaican ancestry (10.9%), and residents who report South American roots (9.8%), and some of the residents are also of Puerto Rican ancestry (3.5%), along with some Italian ancestry residents (3.0%), among others. In addition, 40.2% of the residents of this neighborhood were born in another country.
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 Ives Estates neighborhood spend between 30 and 45 minutes commuting one-way to work (38.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (74.7%) 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 (17.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.