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Real Estate Prices & Overview

Biscayne Park North median real estate price is $1,310,395, which is more expensive than 79.4% of the neighborhoods in Florida and 81.9% of the neighborhoods in the U.S.

The average rental price in Biscayne Park North is currently $2,873, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.2% of the neighborhoods in Florida.

Biscayne Park North is a densely urban neighborhood (based on population density) located in North Miami, Florida.

Biscayne Park North 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Biscayne Park North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.3% in Biscayne Park North. NeighborhoodScout analysis shows that this rate is lower than 56.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 North Miami, the Biscayne Park North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Biscayne Park North 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 92.8% 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.

In addition, one of the really unique and interesting things about the look and setting of the Biscayne Park North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.

Diversity

Did you know that the Biscayne Park North neighborhood has more Haitian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.9% of this neighborhood's residents have Haitian ancestry and 6.5% have Brazilian ancestry.

Biscayne Park North is also pretty special linguistically. Significantly, 45.2% of its residents five years old and above primarily speak French at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Biscayne Park North neighborhood has a greater percentage of residents born in another country (68.2%) than are found in 99.7% 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 Biscayne Park North neighborhood in North Miami are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.2% of the neighborhoods in America. With 13.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.0% 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 Biscayne Park North neighborhood, 38.4% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.6%), and 15.5% in manufacturing and laborer occupations.

Languages

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 Biscayne Park North neighborhood is French, spoken by 45.2% of households. Other important languages spoken here include Spanish and English.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Biscayne Park North neighborhood in North Miami, FL, residents most commonly identify their ethnicity or ancestry as Haitian (51.9%). There are also a number of people of South American ancestry (14.8%), and residents who report Puerto Rican roots (8.0%), and some of the residents are also of Brazilian ancestry (6.5%), along with some Dominican ancestry residents (2.2%), among others. In addition, 68.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 Biscayne Park North neighborhood spend between 45 minutes and one hour commuting one-way to work (38.6% of working residents), longer and tougher than most commutes in America.

Here most residents (78.2%) 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 (9.0%) and 5.4% of residents also ride the bus for their daily commute. 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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