Homestead Base median real estate price is $558,052, which is more expensive than 69.1% of the neighborhoods in Florida and 71.5% of the neighborhoods in the U.S.
The average rental price in Homestead Base is currently $3,204, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.8% of the neighborhoods in Florida.
Homestead Base is a rural neighborhood (based on population density) located in Homestead, Florida.
Homestead Base real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Homestead Base neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
In Homestead Base, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Homestead Base 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.
Real Estate
100.0% of the real estate in the Homestead Base neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Homestead Base neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Homestead Base neighborhood could be your paradise. With 42.4% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.7% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Homestead Base neighborhood has more single mother households than 100.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, the Homestead Base neighborhood has a greater percentage of children living in poverty (94.7%) than found in 99.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Also, neighborhoodScout's exclusive research revealed that 94.7% of the adult residents in the Homestead Base neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.9% of the neighborhoods in America.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (37.7% ride the bus) than 99.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Homestead Base neighborhood is a fantastic option for bicycle commuters, as 7.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.2% of the neighborhoods in America.
Finally, our research shows that more people carpool to work here in the Homestead Base (28.1%) than in 98.3% of the neighborhoods in America.
Occupations
NeighborhoodScout's exclusive research identifies the Homestead Base neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 56.3% of its working residents employed in such fields, which is a higher proportion than 99.7% of American neighborhoods.
Furthermore, the Homestead Base neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.6% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
In addition, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Homestead Base neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.2% of all American neighborhoods.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Homestead Base neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.3% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.9% of all neighborhoods in America.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Homestead Base neighborhood buck this trend. 22.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.
Diversity
Did you know that the Homestead Base neighborhood has more Cuban and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.0% of this neighborhood's residents have Cuban ancestry and 3.9% have Haitian ancestry.
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 Homestead Base neighborhood. In the Homestead Base neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Homestead Base neighborhood in Homestead are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 94.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% 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 Homestead Base neighborhood, 56.3% 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 39.4% of the residents employed. Other residents here are employed in the military (4.8%), and 3.5% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Homestead Base neighborhood is English, spoken by 79.1% of households. Some people also speak Spanish (20.4%).
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 Homestead Base neighborhood in Homestead, FL, residents most commonly identify their ethnicity or ancestry as Cuban (14.0%). There are also a number of people of Puerto Rican ancestry (10.5%), and residents who report Spanish roots (4.7%), and some of the residents are also of Haitian ancestry (3.9%), along with some Scottish ancestry residents (3.5%), among others.
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 Homestead Base neighborhood spend under 15 minutes commuting one-way to work (30.5% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (16.3%) who commute over an hour in each direction.
Here most residents (37.7%) ride the bus to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (28.1%) and 22.6% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Homestead Base neighborhood of Homestead by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
