Miami-Dade County Real Estate - Homestead

Homestead is in South East Florida. It's population as recorded in the 2010 Census was 60,512.

The median age for residents of Homestead is 29.1. Around 49.8% of Homestead households include school aged children and 15.4% of households include individuals aged 65 years or over. Census records indicate 66.8% of the Homestead population are White, 20.3% are Black or African American, .4% American Indian, 1.1% Asian and 3.7% are Two or more Races. Homestead has a significant Hispanic population. 62.9% (38,078) of Homestead residents are of Hispanic or Latino origin. Of these 24.45% are of Mexican origin, 13.61% Puerto Rican, 25.01% Cuban and 36.91% are of other Hispanic or Latino origin.

There are 23,419 housing units in Homestead. 4,423 (18.8%) of these were reported as vacant in the 2010 Census. There are 13,138 residential rental units in Homestead. 11,202 of them were occupied in 2010 providing a residential rental vacancy rate of 14.4%.

Homestead links:

Miami-Dade County

Miami-Dade County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Palm Beach, Broward, and Monroe counties. Miami Dade County has 35 cities and incorporates many different geographical areas. The north, central, and east regions are heavily urbanized, with many large skyscrapers and a dense population. The southern region of Miami-Dade County is sparsely populated and is the heart of Miami-Dade's agricultural economy. The western region of the county includes the Everglades National Park and is inhabited only by a tribal village. The county is home to around 2.5 million people, making it the most populous in Florida and number seven in the country.

Major industries for this county are tourism, international trade, international banking, and transportation. Top public employers are Miami-Dade County Public Schools, Miami-Dade County, the Federal Government, Florida State Government, and Jackson Health Systems. Major private employers include the University of Miami, Baptist Health South Florida, Publix Supermarkets, American Airlines, and Precision Response Corporation.

The county's seat and largest city is Miami. Miami's close proximity to Latin America and the Caribbean makes it the center for international trade with those areas. The city?s population is 70% Hispanic. The concentration of Latin American businesses and international banks in the city has given it the nickname ?Capital of Latin America?. PortMiami acts as one of the largest cruise spots in the world. Miami International Airport is one of the busiest ports of entry for foreign travelers and handles the most international air cargo of any airport in the country.

Miami-Dade is also a major tourist destination, especially in the city of Miami Beach. The historic 1920s Art Deco hotels on Ocean Drive are well-known landmarks, many of which have historic designations. Visitors enjoy the warm weather, sandy beaches, and nightlife of South Beach. It is also a major convention destination. The annual Art Basel Miami and its satellite fairs bring the foremost art collectors to South Beach and the Miami neighborhood of Wynwood.

Miami-Dade County is home to numerous large universities including the private University of Miami, public Florida International University, and Catholic Barry University. The county is also home to historically-black Florida Memorial University and Miami Dade College, the second-largest public university in the nation by enrollment. The Miami-Dade County Public School System is the fifth-largest in the nation.

Neighboring Properties

AddressTypeSq FtClass 
18062 Sw 156 Ave Single Family 2,020 B
18122 Sw 156 Ave Single Family 2,020 B
18111 Sw 157 Ave Single Family 3,160 C
18032 Sw 156 Ave Single Family 2,020 B
18105 Sw 156 Ave Single Family 1,832 B
18065 Sw 156 Ave Single Family 2,020 B
18125 Sw 156 Ave Single Family 2,020 B
18035 Sw 156 Ave Single Family 1,832 B
18002 Sw 156 Ave Single Family 1,832 B
18100 Sw 155 Ct Single Family 2,020 B
18120 Sw 155 Ct Single Family 1,912 B
18060 Sw 155 Ct Single Family 1,832 B
18155 Sw 157 Ave Improved agricultural 3,337 C
18005 Sw 156 Ave Single Family 1,749 B
17972 Sw 156 Ave Single Family 2,020 B
18030 Sw 155 Ct Single Family 1,832 B
17975 Sw 156 Ave Single Family 1,832 B
18000 Sw 155 Ct Single Family 2,020 B
17952 Sw 156 Ave Single Family 1,610 B
17970 Sw 155 Ct Single Family 1,832 B
18103 Sw 155 Ct Single Family 2,020 B
18063 Sw 155 Ct Single Family 1,832 B
17955 Sw 156 Ave Single Family 2,020 B
18175 Sw 157 Ave Improved agricultural 3,745 C
18123 Sw 155 Ct Single Family 1,749 B
17922 Sw 156 Ave Single Family 2,008 B
18003 Sw 155 Ct Single Family 2,020 B
17950 Sw 155 Ct Single Family 2,020 B
17925 Sw 156 Ave Single Family 2,020 B

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,010 per year. The top 10% earn more than $161,932 per year. The top 1% earn more than $467,603 per year. Most renters earn between $34,968 (20th percentile) and $56,340 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 56 of all properties in this area. This suggests it would appeal to someone earning around $76,280 per year who should qualify for a mortgage between $152,560 and $190,700.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,340. Most renters earn between $2,914 and $4,695 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $1,044 (20th percentile) to $1,722 (80th percentile) range. The residential vacancy rate is 7%.

This property falls in percentile 56 of all properties in this area. This corresponds to a rent of $1,404 per month and a monthly household income of $3,776 ($45,312 per year)

Nearby Companies

J C Machado Dist Inc
17952 Sw 156 Ave
Chafarina Co., LLC
17975 Sw 156 Ave
M & M Martinez Trucking Corp
17975 Sw 156 Ave
H&H Senior Care LLC
17950 Sw 155 Ct
Tere'S Senior Care,Corp
17950 Sw 155 Ct
Familia Group Home, Inc.
17883 Sw 155th Ct
Jrb Power Inc
17903 Sw 155th Ct
Asd Behavior Therapy, Inc
18035 Sw 156 Ave
Hope Transport Services Corp
18065 Sw 156th Ave
Sila Trucking , Corp.
18063 Sw 155th Ct
Orll Trucking Corp
18063 Sw 155th Ct
Santos Painting Inc
18103 Sw 155th Ct
Lmar Fisheries, LLC.
18155 Sw 157 Ave
Disclaimers and Disclosures

Public Records Data

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