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 
9931 Sw 162 St Single Family 1,573 C
9911 Sw 162 St Single Family 2,000 C
9920 Sw 161 St Single Family 1,734 C
9930 Sw 161 St Single Family 1,473 C
9910 Sw 161 St Single Family 1,741 C
9941 Sw 162 St Single Family 1,426 C
16201 Sw 99 Ct Single Family 1,640 C
9901 Sw 162 St Single Family 1,300 C
9930 Sw 162 St Single Family 1,745 C
9940 Sw 161 St Single Family 1,174 C
9900 Sw 161 St Single Family 1,485 C
16200 Sw 99 Ave Single Family 1,666 C
9940 Sw 162 St Single Family 1,323 C
9951 Sw 162 St Single Family 1,463 C
16211 Sw 99 Ct Single Family 2,175 C
9950 Sw 161 St Single Family 1,213 C
16214 Sw 99 Ct Single Family 1,997 C
9925 Sw 161 St Single Family 2,103 C
9935 Sw 161 St Single Family 1,834 C
16210 Sw 99 Ave Single Family 1,377 C
9950 Sw 162 St Single Family 1,843 C
16030 Sw 99 Ave Single Family 1,791 C
9961 Sw 162 St Single Family 1,024 C
9945 Sw 161 St Single Family 1,741 C
16221 Sw 99 Ct Single Family 1,637 C
9960 Sw 161 St Single Family 1,828 C
16115 Sw 99 Ave Single Family 2,187 C
16213 Sw 99 Pl Single Family 1,502 C
16224 Sw 99 Ct Single Family 2,264 C
16125 Sw 99 Ave Single Family 1,667 C
16101 Sw 99 Ave Single Family 1,556 C
16220 Sw 99 Ave Single Family 1,622 C
9955 Sw 161 St Single Family 1,912 C
16135 Sw 99 Ave Single Family 1,592 C
16035 Sw 99 Ave Single Family 1,414 C
16020 Sw 99 Ave Single Family 1,849 C
9971 Sw 162 St Single Family 1,321 C
16223 Sw 99 Pl Single Family 2,081 C
9970 Sw 161 St Single Family 1,197 C
16231 Sw 99 Ct Single Family 1,280 C
16234 Sw 99 Ct Single Family 1,530 C
16201 Sw 99 Ave Single Family 1,675 C
9920 Colonial Dr Single Family 1,770 C
9930 Colonial Dr Single Family 1,619 C
16025 Sw 99 Ave Single Family 1,476 C
9970 Sw 162 St Single Family 1,279 C
9965 Sw 161 St Single Family 2,233 C
16230 Sw 99 Ave Single Family 1,537 C

Local Household Income

The median household income in this part of Florida is $93,333. The bottom 10% of the population earn less than $26,702 per year. The top 10% earn more than $344,964 per year. The top 1% earn more than $765,737 per year. Most renters earn between $34,464 (20th percentile) and $73,464 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $186,666 and $233,333.

The tax assessed value of this property places it in percentile 22 of all properties in this area. This suggests it would appeal to someone earning around $45,589 per year who should qualify for a mortgage between $91,178 and $113,973.

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 $1,158. Most renters earn between $2,872 and $6,122 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $881 (20th percentile) to $1,776 (80th percentile) range. The residential vacancy rate is 5%.

This property falls in percentile 22 of all properties in this area. This corresponds to a rent of $922 per month and a monthly household income of $2,907 ($34,884 per year)

Nearby Companies

Miracle Tubs LLC
9940 Sw 161 St
Network Fusion, Inc.
16213 Sw 99 Pl
Mesa Marine Services Inc.
16213 Sw 99 Pl
Review Maiden, Inc.
16211 Sw 99 Ct
Elijah Services LLC
16221 Sw 99th Ct
Dade Sales Corp
9921 Sw 162nd St
Disclaimers and Disclosures

Public Records Data

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