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

Tenure, estimate (90% margin of error)
The HammocksMiami-Dade CountyFloridaUnited States
Renter-occupied share37.3% (±3.5 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households7,315 (±763)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households12,308 (±827)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size2.9 (±0.2)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size3.0 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent41.3% (±2.6 points)37.3% (±3.5 points)−4.0 percentage pointsNot 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

Nearest places with a published estimate, compared with The Hammocks
PlaceDistanceHouseholds that rentCompared with this place
The Hammocks—37.3% (±3.5 points)—
Kendall West2.6 mi46.4% (±3.6 points)Higher
Country Walk2.8 mi20.1% (±5.8 points)Lower
The Crossings3.0 mi27.4% (±4.0 points)Lower
Kendale Lakes3.4 mi29.0% (±3.4 points)Lower
Three Lakes3.6 mi33.4% (±5.0 points)Not measurably different
Richmond West4.4 mi16.2% (±3.2 points)Lower
Richmond Heights5.5 mi29.1% (±9.2 points)Not measurably different
Kendall5.9 mi37.8% (±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

RankPlaceHouseholds that rent
34South Miami39.8% (±5.2 points)
35Coral Terrace39.7% (±4.2 points)
36Miami Springs38.9% (±6.0 points)
37Hialeah Gardens38.8% (±4.7 points)
38South Miami Heights37.9% (±3.3 points)
39Kendall37.8% (±2.8 points)
40The Hammocks37.3% (±3.5 points)
41Aventura36.4% (±3.7 points)
42Miami Gardens35.6% (±2.0 points)
43Coral Gables35.5% (±2.8 points)
44 (tie)Ojus34.8% (±5.9 points)
44 (tie)Westchester34.8% (±3.4 points)
46Westview34.5% (±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.

What you can do on Seayora in The Hammocks

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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

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.

Request a Census API 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 .

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