Downtown Merced East median real estate price is $492,662, which is less expensive than 82.4% of California neighborhoods and 37.7% of all U.S. neighborhoods.
The average rental price in Downtown Merced East is currently $1,756, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.5% of California neighborhoods.
Downtown Merced East is a suburban neighborhood (based on population density) located in Merced, California.
Downtown Merced East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Downtown Merced East 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 Downtown Merced East are 4.0%, which is lower than one will find in 73.7% of American neighborhoods. Demand for real estate in Downtown Merced East 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.
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 Merced, the Downtown Merced East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Downtown Merced East neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Portuguese ancestry.
Downtown Merced East is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.
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 Downtown Merced East neighborhood in Merced are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.0% of U.S. neighborhoods. With 37.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.2% of U.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 Downtown Merced East neighborhood, 28.9% 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 28.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 19.6% in manufacturing and laborer occupations.
The most common language spoken in the Downtown Merced East neighborhood is English, spoken by 67.8% of households. Some people also speak Spanish (25.0%).
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 Downtown Merced East neighborhood in Merced, CA, residents most commonly identify their ethnicity or ancestry as Mexican (45.7%). There are also a number of people of German ancestry (12.6%), and residents who report Asian roots (10.6%), and some of the residents are also of Irish ancestry (5.3%), along with some English ancestry residents (3.4%), among others. In addition, 18.4% 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 Downtown Merced East neighborhood spend under 15 minutes commuting one-way to work (53.5% of working residents), one of the shortest commutes across America.
Here most residents (81.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.