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Real Estate Prices & Overview

Davie South median real estate price is $398,966, which is more expensive than 44.4% of the neighborhoods in Florida and 54.8% of the neighborhoods in the U.S.

The average rental price in Davie South is currently $3,046, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.9% of the neighborhoods in Florida.

Davie South is a densely urban neighborhood (based on population density) located in Davie, Florida.

Davie South 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Davie South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Davie South, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.5% of all neighborhoods in the U.S. This means that the housing supply in Davie South is very tight compared to the demand for property here.

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 Davie, the Davie South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Davie South neighborhood about it; they already know. 33.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Occupations

There are more people living in the Davie South neighborhood employed as sales and service workers (54.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Real Estate

The Davie South 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 88.7% 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, 88.5% of the real estate in the Davie South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Davie South neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.9% of this neighborhood's residents have South American ancestry and 11.1% have Dominican ancestry.

Davie South is also pretty special linguistically. Significantly, 74.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.0% of all U.S. neighborhoods.

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 Davie South neighborhood. What is interesting to note, is that the Davie South neighborhood has a greater percentage of residents born in another country (49.0%) than are found in 97.4% 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 Davie South neighborhood in Davie are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.5% of U.S. neighborhoods. With 18.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.8% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Davie South neighborhood, 45.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 11.9% 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 Davie South neighborhood is Spanish, spoken by 74.2% of households. Other important languages spoken here include English and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Davie South neighborhood in Davie, FL, residents most commonly identify their ethnicity or ancestry as South American (20.9%). There are also a number of people of Dominican ancestry (11.1%), and residents who report Mexican roots (8.7%), and some of the residents are also of Cuban ancestry (8.5%), along with some Puerto Rican ancestry residents (7.7%), among others. In addition, 49.0% 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 Davie South neighborhood spend between 15 and 30 minutes commuting one-way to work (42.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.0%) 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 (9.3%) . 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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