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Real Estate Prices & Overview

Del Mar Terrace South median real estate price is $2,532,611, which is more expensive than 94.7% of the neighborhoods in California and 99.0% of the neighborhoods in the U.S.

The average rental price in Del Mar Terrace South is currently $3,597, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.8% of the neighborhoods in California.

Del Mar Terrace South is a suburban neighborhood (based on population density) located in Encinitas, California.

Del Mar Terrace South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Del Mar Terrace South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Del Mar Terrace South are 4.0%, which is lower than one will find in 73.5% of American neighborhoods. Demand for real estate in Del Mar Terrace South 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.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Encinitas, the Del Mar Terrace South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

A unique way of commuting is simply not to. And in the Del Mar Terrace South neighborhood, analysis shows that 33.5% 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 98.3% 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.

People

If you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Del Mar Terrace South may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.3% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 73.0% of the adults living in the Del Mar Terrace South neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Diversity

Did you know that the Del Mar Terrace South neighborhood has more Eastern European and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Eastern European ancestry and 2.2% have Swiss ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Del Mar Terrace South neighborhood in Encinitas are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.5% of the neighborhoods in America. In addition, 7.1% 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 58.3% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Del Mar Terrace South neighborhood, 63.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.1%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Del Mar Terrace South neighborhood is English, spoken by 93.9% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Del Mar Terrace South neighborhood in Encinitas, CA, residents most commonly identify their ethnicity or ancestry as Irish (22.3%). There are also a number of people of German ancestry (16.5%), and residents who report English roots (9.1%), and some of the residents are also of Eastern European ancestry (4.2%), along with some Italian ancestry residents (4.1%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Del Mar Terrace South neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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