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    AI-Generated Neighborhood Summary

    The area around 2421 SW 6th Ave, Fort Lauderdale, FL, is a part of the greater Fort Lauderdale community. This location generally enjoys a vibrant mix of residential and commercial properties, providing a dynamic urban lifestyle. Fort Lauderdale is known for its boating canals and stunning waterfront views.

    Crime rates in Fort Lauderdale can vary by neighborhood, but generally, it is considered safer than other major urban areas in the U.S. The school district serving this area is Broward County Public Schools, one of the largest in the nation, with varied school ratings depending on proximity. Nearby amenities include parks like Snyder Park and the Riverwalk, grocery options such as Publix, and tourist attractions like Las Olas Boulevard and the Fort Lauderdale Beach. The downtown area offers a robust selection of dining, shopping, and entertainment options.

    The average household income in Fort Lauderdale can vary significantly across neighborhoods, with some areas experiencing high affluence and others more moderate incomes. Neighboring communities like Rio Vista and Tarpon River may have different demographics. Job growth in Fort Lauderdale has generally been positive, with an emphasis on tourism, marine industries, and healthcare, contributing to economic development. Overall, Fort Lauderdale offers a diverse and appealing lifestyle for residents.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Nestled within a vibrant community, this neighborhood presents a compelling picture for potential homebuyers and real estate investors alike. With a median home price of $412,000, it aligns closely with the national median, presenting an attractive entry point for those looking to invest in property. The area boasts a robust median household income of $96,723, significantly higher than the national average, which is indicative of economic stability and prosperity. This financial strength is further underscored by a remarkably low unemployment rate of just 1%, a strong testament to ample job opportunities and a thriving local economy. The community is predominantly white, but with 13% of non-US citizens, it suggests a degree of diversity that adds a unique cultural layer to the area's social fabric.

    A closer look at housing dynamics reveals that 67% of homes are owner-occupied, which is slightly above the national ownership rate, signaling a degree of stability and investment in the community. Renters make up 21% of the population, with the median contract rent at $1,553, reflecting a competitive rental market. It's worth noting that 12% of the housing units are vacant, which is higher than average and could suggest opportunities for investment in property renovation or new developments. Additionally, 31% of homeowners enjoy the freedom of owning their homes outright, without mortgages, which is a positive indicator of financial well-being.

    The educational attainment in the neighborhood shows that 24% hold a college degree, slightly below the national average, which may influence the types of job opportunities available locally. Interestingly, nearly half of the homeowners (45%) are spending 30% or more of their income on mortgage payments, indicating potential affordability strains despite the overall economic affluence. While the percentage of families with married couples stands at 47%, this closely mirrors national trends, reinforcing the neighborhood's appeal to family-oriented buyers.

    While certain metrics like the college degree attainment might fall short compared to national standards, overall, the neighborhood offers a robust package of economic stability and homeownership potential. However, for those seeking similar price points with higher educational attainment and lower housing vacancy rates, it might be worthwhile to explore neighboring areas that may offer these advantages. As the community continues to evolve, these insights provide a valuable guide for both buyers and investors aiming to make informed decisions in a competitive real estate market.

    Median Home Price

    $412,000

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $96,723
    Nat'l Avg: $69,021

    Percent Under Poverty

    6%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,553
    Nat'l Avg: $988

    Owners vs Renters

    67% / 21%
    Nat'l Avg: 57% / 31%

    Vacant Housing Units

    12%
    Nat'l Avg: 11%

    Unemployment Rate

    1%
    Nat'l Avg: 3%

    College Degree

    24%
    Nat'l Avg: 21%

    Dominant Race

    White
    Nat'l Avg: 68%

    Married-Couple Families

    47%
    Nat'l Avg: 48%

    Owners Without Morgages

    31%
    Nat'l Avg: 38%

    Mortgage ≥ 30% Income

    45%
    Nat'l Avg: 27%

    Rent ≥ 30% Income

    N/A
    Nat'l Avg: 46%

    Non-US Citizens

    13%
    Nat'l Avg: 7%
    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Snyder Park

    park

    Broward Health Medical Center

    hospital

    Publix Super Market

    grocery store

    Southport Raw Bar

    restaurant

    LA Fitness

    gym

    Fort Lauderdale-Hollywood International Airport

    international airport

    Croissant Park Elementary School

    school

    Riverwalk Fort Lauderdale

    main attraction

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The average property price in zip code 33315 is $562,187, with prices currently on an increasing trend.
    The average household income in zip code 33315 is $98,675, indicating a relatively affluent community.
    The population of zip code 33315 was 13,490 in 2020, with a forecasted increase to 14,131 by 2025 and 14,963 by 2030.
    The crime rate in Fort Lauderdale is 105.85% above the national average, with a total crime rate of 4,784.5 per 100,000 people. These insights highlight the area's economic growth, rising property values, and challenges related to crime rates.

    Custom Narratives

    The 33315 zip code, encompassing 2421 SW 6th Ave, has a median household income of $90,760, higher than Fort Lauderdale's median of $79,935, indicating a relatively affluent community.
    The median home value in the 33315 area is $489,500, reflecting a 26.9% appreciation over the past year, suggesting a strong real estate market.
    The neighborhood's median age is 40.2 years, slightly younger than Fort Lauderdale's median of 42.9 years, indicating a dynamic and evolving demographic.
    With a homeownership rate of 50.2% and renters comprising 40.1% of the population, the area offers a balanced mix of ownership and rental opportunities, appealing to diverse housing preferences. These insights highlight the area's economic vitality, robust housing market, youthful demographic, and diverse housing options, making it an attractive location for potential homebuyers and investors.

    Green Flags

    Proximity to vibrant downtown attractions
    Easy access to beautiful beaches and parks
    Family-friendly neighborhood with schools nearby
    Convenient access to major highways for commuting

    Red Flags

    Traffic congestion during peak hours
    Limited public transportation options
    Noise from nearby highways
    Occasional flooding during heavy rains
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Flood zone information is not available for this property at this time.

    Historical Flooding

    Historical flood damage records are not available for this property.

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