Real Estate details: Montgomery AL vs Miami FL
RE Insights
| Metric | Montgomery | Miami |
|---|---|---|
| Population | 196,986 | 449,514 |
| Median Home Price | $250,000 | $397,000 |
| Rent | 46% | 70% |
| Own | 54% | 30% |
Real Estate Insights Comparison: Montgomery vs Miami
- The population in Miami is greater at 449,514 compared to 196,986 in Montgomery.
- The median home price in Miami is higher at $397,000 compared to $250,000 in Montgomery.
- The rent percentage in Miami is higher at 70% compared to 46% in Montgomery.
- A greater percentage of homeowners in Montgomery at 54% 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.