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Real Estate Prices & Overview

California Polytechnic State University East median real estate price is $1,097,727, which is more expensive than 66.7% of the neighborhoods in California and 92.4% of the neighborhoods in the U.S.

Average rental prices in the California Polytechnic State University East neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

California Polytechnic State University East is a rural neighborhood (based on population density) located in San Luis Obispo, California.

California Polytechnic State University East real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the California Polytechnic State University East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In California Polytechnic State University East, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in California Polytechnic State University East is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the California Polytechnic State University East neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

In a nation where 1 out of every 4 children lives in poverty, the California Polytechnic State University East neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the California Polytechnic State University East neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.

Modes of Transportation

More people in California Polytechnic State University East choose to walk to work each day (50.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the California Polytechnic State University East neighborhood is a fantastic option for bicycle commuters, as 6.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.9% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the California Polytechnic State University East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.3% of all American neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the California Polytechnic State University East neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the California Polytechnic State University East neighborhood has more Portuguese and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Portuguese ancestry and 0.9% have Armenian ancestry.

California Polytechnic State University East is also pretty special linguistically. Significantly, 1.2% 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 98.1% 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 California Polytechnic State University East neighborhood in San Luis Obispo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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 California Polytechnic State University East neighborhood, 44.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.2%), and 7.4% in manufacturing and laborer 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 California Polytechnic State University East neighborhood is English, spoken by 76.9% of households. Other important languages spoken here include Spanish and Chinese.

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 California Polytechnic State University East neighborhood in San Luis Obispo, CA, residents most commonly identify their ethnicity or ancestry as German (21.0%). There are also a number of people of Asian ancestry (19.8%), and residents who report Irish roots (17.3%), and some of the residents are also of Mexican ancestry (10.7%), along with some Italian ancestry residents (8.2%), among others.

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 California Polytechnic State University East neighborhood spend between 15 and 30 minutes commuting one-way to work (59.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.5%) hop out the door and walk to work to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.4%) and 11.3% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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