Burbank Village Walk / The Collection At Burbank median real estate price is $732,540, which is more expensive than 37.0% of the neighborhoods in California and 81.8% of the neighborhoods in the U.S.
The average rental price in Burbank Village Walk / The Collection At Burbank is currently $3,151, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.5% of California neighborhoods.
Burbank Village Walk / The Collection At Burbank is a densely urban neighborhood (based on population density) located in Burbank, California.
Burbank Village Walk / The Collection At Burbank real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Burbank Village Walk / The Collection At Burbank neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Burbank Village Walk / The Collection At Burbank are 3.7%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Burbank Village Walk / The Collection At Burbank is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
The Burbank Village Walk / The Collection At Burbank neighborhood stands out for having an average per capita income lower than 95.1% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Burbank Village Walk / The Collection At Burbank neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 58.7%. This is a higher percent living alone than we found in 98.6% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
One of the really unique and interesting things about the look and setting of the Burbank Village Walk / The Collection At Burbank neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.6% of all neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Burbank Village Walk / The Collection At Burbank neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.2%, which is higher than 97.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, the Burbank Village Walk / The Collection At Burbank neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
A unique way of commuting is simply not to. And in the Burbank Village Walk / The Collection At Burbank neighborhood, analysis shows that 35.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.0% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Also, our research revealed that more commuters here take the bus to work (12.4% ride the bus) than 96.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Did you know that the Burbank Village Walk / The Collection At Burbank neighborhood has more Armenian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.0% of this neighborhood's residents have Armenian ancestry and 1.9% have Iranian ancestry.
Burbank Village Walk / The Collection At Burbank is also pretty special linguistically. Significantly, 4.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Burbank Village Walk / The Collection At Burbank neighborhood has a greater percentage of residents born in another country (44.3%) than are found in 95.8% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Burbank Village Walk / The Collection At Burbank neighborhood in Burbank are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.1% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Burbank Village Walk / The Collection At Burbank neighborhood, 56.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.3%), and 9.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Burbank Village Walk / The Collection At Burbank neighborhood is English, spoken by 57.7% of households. Other important languages spoken here include Chinese, Tagalog (the first language of the Philippine region), Spanish and Langs. of India.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Burbank Village Walk / The Collection At Burbank neighborhood in Burbank, CA, residents most commonly identify their ethnicity or ancestry as Asian (37.3%). There are also a number of people of Armenian ancestry (19.0%), and residents who report English roots (5.5%), and some of the residents are also of German ancestry (4.2%), along with some Irish ancestry residents (3.9%), among others. In addition, 44.3% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Burbank Village Walk / The Collection At Burbank neighborhood spend under 15 minutes commuting one-way to work (33.0% of working residents), one of the shortest commutes across America.
Here most residents (48.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.