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Real Estate Prices & Overview

Ponderosa Legacy / Vineyard Gate median real estate price is $3,187,769, which is more expensive than 97.5% of the neighborhoods in California and 99.6% of the neighborhoods in the U.S.

The average rental price in Ponderosa Legacy / Vineyard Gate is currently $5,537, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in California.

Ponderosa Legacy / Vineyard Gate is a remote neighborhood (based on population density) located in Livermore, California.

Ponderosa Legacy / Vineyard Gate real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Ponderosa Legacy / Vineyard Gate neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Ponderosa Legacy / Vineyard Gate. The current real estate vacancy rate here is 21.8%. This is higher than the rate of vacancies in 89.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Livermore, the Ponderosa Legacy / Vineyard Gate neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Ponderosa Legacy / Vineyard Gate neighborhood is wealthier than 99.5% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Ponderosa Legacy / Vineyard Gate also has one of the lowest ratings of child poverty in the nation.

In addition, according to NeighborhoodScout's exclusive analysis, Ponderosa Legacy / Vineyard Gate is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 96.6% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Ponderosa Legacy / Vineyard Gate neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees and highly educated executives.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Ponderosa Legacy / Vineyard Gate neighborhood. A whopping 88.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, one way that the Ponderosa Legacy / Vineyard Gate neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, the Ponderosa Legacy / Vineyard Gate neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.1% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.0% of all neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Ponderosa Legacy / Vineyard Gate neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 36.9% of the households here have four, five, or more cars. That is more cars per household than in 97.0% of the neighborhoods in the nation.

Diversity

Did you know that the Ponderosa Legacy / Vineyard Gate neighborhood has more Austrian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.5% of this neighborhood's residents have Austrian ancestry and 5.7% have Romanian ancestry.

Ponderosa Legacy / Vineyard Gate is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

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 Ponderosa Legacy / Vineyard Gate neighborhood in Livermore 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 99.5% of the neighborhoods in America. 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Ponderosa Legacy / Vineyard Gate neighborhood, 56.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 13.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

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 Ponderosa Legacy / Vineyard Gate neighborhood is English, spoken by 88.0% of households. Other important languages spoken here include Spanish, Langs. of India, Arabic and Portuguese.

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 Ponderosa Legacy / Vineyard Gate neighborhood in Livermore, CA, residents most commonly identify their ethnicity or ancestry as Austrian (16.5%). There are also a number of people of German ancestry (11.7%), and residents who report Irish roots (11.5%), and some of the residents are also of English ancestry (6.8%), along with some Romanian ancestry residents (5.7%), among others. In addition, 12.9% of the residents of this neighborhood were born in another country.

Getting to Work

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 Ponderosa Legacy / Vineyard Gate neighborhood spend between 45 minutes and one hour commuting one-way to work (48.1% of working residents), longer and tougher than most commutes in America.

Here most residents (71.0%) 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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