What percentage of people rent in The Hammocks, FL?
37.3% (±3.5 points) of the occupied homes in The Hammocks, FL are rented (2020–2024 American Community Survey).
That is 7,315 renting households against 12,308 that own their home.
In The Hammocks, the share of households that rent went from 41.3% in 2015–2019 to 37.3% in 2020–2024 (−4.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 37.3% (±3.5 points)
- Renting households
- 7,315 (±763)
- Median renter income
- $62,453 (±$6,752)
Who rents and who owns in The Hammocks
| The Hammocks | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.3% (±3.5 points) | 47.8% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 7,315 (±763) | 465,971 (±5,269) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 12,308 (±827) | 509,440 (±5,300) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.9 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.1) | 2.9 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $62,453 (±$6,752) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $103,864 (±$11,194) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
In The Hammocks, the renter share is lower than in Miami-Dade County (47.8%).
It is also higher than in Florida (32.4%).
It is not measurably different from the national figure (34.8%).
In Miami-Dade County, The Hammocks ranks 40 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 249 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in The Hammocks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 41.3% (±2.6 points) | 37.3% (±3.5 points) | −4.0 percentage points | Not a measurable change |
| Median gross rent | $1,758 (±$43) | $2,187 (±$67) | +24.4% | No measurable change after inflation |
| Median household income | $70,014 (±$3,027) | $85,628 (±$7,327) | +22.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near The Hammocks
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| The Hammocks | — | 37.3% (±3.5 points) | — |
| Kendall West | 2.6 mi | 46.4% (±3.6 points) | Higher |
| Country Walk | 2.8 mi | 20.1% (±5.8 points) | Lower |
| The Crossings | 3.0 mi | 27.4% (±4.0 points) | Lower |
| Kendale Lakes | 3.4 mi | 29.0% (±3.4 points) | Lower |
| Three Lakes | 3.6 mi | 33.4% (±5.0 points) | Not measurably different |
| Richmond West | 4.4 mi | 16.2% (±3.2 points) | Lower |
| Richmond Heights | 5.5 mi | 29.1% (±9.2 points) | Not measurably different |
| Kendall | 5.9 mi | 37.8% (±2.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Country Walk, FL (20.1%), The Crossings, FL (27.4%), Kendale Lakes, FL (29.0%).
Nearby places with a measurably higher figure: Kendall West, FL (46.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Miami-Dade County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 34 | South Miami | 39.8% (±5.2 points) |
| 35 | Coral Terrace | 39.7% (±4.2 points) |
| 36 | Miami Springs | 38.9% (±6.0 points) |
| 37 | Hialeah Gardens | 38.8% (±4.7 points) |
| 38 | South Miami Heights | 37.9% (±3.3 points) |
| 39 | Kendall | 37.8% (±2.8 points) |
| 40 | The Hammocks | 37.3% (±3.5 points) |
| 41 | Aventura | 36.4% (±3.7 points) |
| 42 | Miami Gardens | 35.6% (±2.0 points) |
| 43 | Coral Gables | 35.5% (±2.8 points) |
| 44 (tie) | Ojus | 34.8% (±5.9 points) |
| 44 (tie) | Westchester | 34.8% (±3.4 points) |
| 46 | Westview | 34.5% (±8.7 points) |
Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.
The Hammocks is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about The Hammocks
How many renters are there in The Hammocks?
The Hammocks has an estimated 7,315 (±763) renting households, 37.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in The Hammocks?
In The Hammocks, the share of households that rent went from 41.3% in 2015–2019 to 37.3% in 2020–2024 (−4.0 percentage points), not a measurable change.
How big are renting households in The Hammocks?
A renting household in The Hammocks has 2.9 people on average, against 3.0 in an owned home.
How much do renters earn in The Hammocks?
The median renting household in The Hammocks, FL has an income of $62,453 (±$6,752) a year, against $103,864 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — The Hammocks CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — The Hammocks CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — The Hammocks CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — The Hammocks CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — The Hammocks CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for The Hammocks CDP, Florida (place:71569, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in The Hammocks at a glance
- Median rent in The Hammocks
- Rent by bedrooms in The Hammocks
- Rent burden in The Hammocks
- Income and affordability in The Hammocks
- Home values in The Hammocks
- Homeowner costs in The Hammocks
- Property taxes in The Hammocks
- Types of homes in The Hammocks
- Bedrooms in The Hammocks
- Age of homes in The Hammocks
- Vacancy rate in The Hammocks
- Heating fuel in The Hammocks
- Commute and cars in The Hammocks
- Population growth in The Hammocks
- How long people stay in The Hammocks
- Crowding and facilities in The Hammocks
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by share of renters
- Housing data for every place in Florida