![]() ![]() 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. There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year. A relatively large percentage of housing here is seasonally occupied (11.0%), which can occur in some markets dominated by colleges or vacation homes. neighborhoods (higher than 79.7% of American neighborhoods). Highland Lakes has a 16.3% vacancy rate, which is well above average compared to other U.S. ![]() ![]() A number of residences were also built between 19. Many of the residences in the Highland Lakes neighborhood are established but not old, having been built between 19. Most of the residential real estate is owner occupied. Highland Lakes real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Highland Lakes is an urban neighborhood (based on population density) located in Aventura, Florida. The average rental cost in this neighborhood is higher than 96.7% of the neighborhoods in Florida. The average rental price in Highland Lakes is currently $5,042, based on NeighborhoodScout's exclusive analysis. Highland Lakes median real estate price is $1,034,168, which is more expensive than 96.0% of the neighborhoods in Florida and 94.8% of the neighborhoods in the U.S. If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St) Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas. Because census tracts are based on population, they vary in size depending on the density of settlement. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. ![]()
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