Cutler Bay is a medium-sized city located in the state of Florida. The city has a population of 44,002 people. In Cutler Bay, there are 4,477 people per square mile, which is well above the national population density average. If we look at the most recent Census, Cutler Bay is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of Cutler Bay are of Hispanic or Latino origin, and 51% of the population also speak Spanish. If finding a family friendly city is important to you, look no further. With more than 72% of the population considered married and 48% with kids under the age of 18, Cutler Bay could be considered a very suitable city for families.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Cutler Bay could be a positive experience compared to other cities in Florida if you know where to look. Using the livability score which includes data from categories like amenities, crime, cost of living, weather, education, you can easily compare the best places to live in Cutler Bay and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Cutler Bay to Florida and the national average.
Cutler Bay has a livability score of 76/100 and is ranked #348 in Florida and #4,535 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Cutler Bay could be a great choice! If we dig a little deeper into each category within the livability score, we see that Cutler Bay has higher than average grades for the following: amenities (A+) and weather (A-). The bad news for Cutler Bay, there are some categories for which it does not rank well, this includes: cost of living (D-).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Cutler Bay has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Cutler Bay. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Cutler Bay are affordable. Median real estate prices in Cutler Bay come in at $216,500, which is 29.8% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Cutler Bay, the home price to income ratio is 3.2, which is 5.9% lower than the Florida average. Year over year appreciation rates for homes in the Cutler Bay area were 9.9% and the 5 year appreciation rates came in at 13.1%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.