Real Estate details: Monterey park CA vs Miami FL
RE Insights
| Metric | Monterey park | Miami |
|---|---|---|
| Population | 58,554 | 449,514 |
| Median Home Price | $837,000 | $397,000 |
| Rent | 50% | 70% |
| Own | 50% | 30% |
Real Estate Insights Comparison: Monterey park vs Miami
- The population in Miami is greater at 449,514 compared to 58,554 in Monterey park.
- A higher median home price of $837,000 is found in Monterey park compared to $397,000 in Miami.
- The rent percentage in Miami is higher at 70% compared to 50% in Monterey park.
- A greater percentage of homeowners in Monterey park at 50% compared to 30% in Miami.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.