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Real Estate Prices & Overview

North Valley West median real estate price is $908,303, which is more expensive than 54.7% of the neighborhoods in California and 88.5% of the neighborhoods in the U.S.

The average rental price in North Valley West is currently $4,996, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.3% of the neighborhoods in California.

North Valley West is a suburban neighborhood (based on population density) located in Oceanside, California.

North Valley West real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the North Valley West 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 North Valley West are 3.1%, which is lower than one will find in 79.5% of American neighborhoods. Demand for real estate in North Valley West 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 Oceanside, the North Valley West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the North Valley West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the North Valley West community truly stands out from the rest in this regard.

In addition, for many reasons, North Valley West is rated by NeighborhoodScout as one of the top 2.6% of ideal neighborhoods for first-time home buyers in the state of California. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other CA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.

Occupations

With 3.5% of employed workers living in the North Valley West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

The Neighbors

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 North Valley West neighborhood in Oceanside 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 87.8% 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.

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 North Valley West neighborhood, 32.0% 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 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.3%), and 18.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the North Valley West neighborhood is English, spoken by 70.8% of households. Some people also speak Spanish (26.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the North Valley West neighborhood in Oceanside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (28.5%). There are also a number of people of German ancestry (16.4%), and residents who report English roots (10.6%), and some of the residents are also of Irish ancestry (9.9%), along with some Italian ancestry residents (4.3%), among others. In addition, 14.3% of the residents of this neighborhood were born in another country.

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 North Valley West neighborhood spend between 15 and 30 minutes commuting one-way to work (49.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.8%) 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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