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Real Estate Prices & Overview

The Avenues median real estate price is $611,204, which is more expensive than 26.9% of the neighborhoods in California and 73.5% of the neighborhoods in the U.S.

The average rental price in The Avenues is currently $1,679, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.4% of California neighborhoods.

The Avenues is an urban neighborhood (based on population density) located in Chico, California.

The Avenues 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 renter occupied. Many of the residences in the The Avenues neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

The Avenues has a 13.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.1% of residents in the The Avenues neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the The Avenues neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 18.1% of residents here. This is a higher proportion of walking commuters than we found in 97.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

An extraordinary 55.1% of the residents of the The Avenues neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, the The Avenues neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.6% of college-friendly places to live in CA.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the The Avenues neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the The Avenues neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.2% of all American neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the The Avenues neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.0%, which is higher than 95.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

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 The Avenues neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.1% 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 The Avenues neighborhood has more Ukrainian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Ukrainian ancestry and 2.2% have Portuguese ancestry.

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 The Avenues neighborhood in Chico are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.9% of U.S. neighborhoods. With 26.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.7% 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 The Avenues neighborhood, 39.5% 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 32.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.7%), and 9.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the The Avenues neighborhood is English, spoken by 78.4% of households. Some people also speak Spanish (10.7%).

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 The Avenues neighborhood in Chico, CA, residents most commonly identify their ethnicity or ancestry as German (13.6%). There are also a number of people of Irish ancestry (13.0%), and residents who report Mexican roots (11.1%), and some of the residents are also of Italian ancestry (9.8%), along with some Asian ancestry residents (8.2%), among others.

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 The Avenues neighborhood spend under 15 minutes commuting one-way to work (64.8% of working residents), one of the shortest commutes across America.

Here most residents (61.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.1%) and 8.1% of residents also bicycle for their daily commute. 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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