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Real Estate Prices & Overview

Deepwell / Biltmore median real estate price is $914,766, which is more expensive than 50.7% of the neighborhoods in California and 85.8% of the neighborhoods in the U.S.

The average rental price in Deepwell / Biltmore is currently $2,405, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.3% of California neighborhoods.

Deepwell / Biltmore is a suburban neighborhood (based on population density) located in Palm Springs, California.

Deepwell / Biltmore real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Deepwell / Biltmore neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Deepwell / Biltmore. The current real estate vacancy rate here is 35.8%. This is higher than the rate of vacancies in 96.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (32.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Deepwell / Biltmore 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 Deepwell / Biltmore community truly stands out from the rest in this regard.

In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 9.5% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Deepwell / Biltmore neighborhood should definitely be on your list of places to consider.

Also, if you're planning where to retire, the Deepwell / Biltmore neighborhood in Palm Springs is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in CA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.3% of the neighborhoods in California. If you are considering retiring to California, this is a good neighborhood to look at.

Real Estate

Despite all of the residential real estate here in the Deepwell / Biltmore neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 35.8%, which is higher than 96.7% of all U.S. neighborhoods.

Diversity

Did you know that the Deepwell / Biltmore neighborhood has more British and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have British ancestry and 2.1% have Lithuanian ancestry.

Deepwell / Biltmore is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

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 Deepwell / Biltmore neighborhood in Palm Springs are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.0% 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 Deepwell / Biltmore neighborhood, 54.3% 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 20.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 8.9% in clerical, assistant, and tech support occupations.

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 Deepwell / Biltmore neighborhood is English, spoken by 90.9% of households. Other important languages spoken here include Spanish, Italian and Polish.

Ethnicity / Ancestry

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 Deepwell / Biltmore neighborhood in Palm Springs, CA, residents most commonly identify their ethnicity or ancestry as German (14.5%). There are also a number of people of English ancestry (14.0%), and residents who report Mexican roots (12.7%), and some of the residents are also of Irish ancestry (8.4%), along with some British ancestry residents (6.1%), among others. In addition, 13.1% 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 Deepwell / Biltmore neighborhood spend under 15 minutes commuting one-way to work (45.2% of working residents), one of the shortest commutes across America.

Here most residents (67.7%) 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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