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Real Estate Prices & Overview

Vallombrosa Ave / Madrone Ave median real estate price is $624,922, which is less expensive than 71.8% of California neighborhoods and 24.1% of all U.S. neighborhoods.

The average rental price in Vallombrosa Ave / Madrone Ave is currently $2,077, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.2% of California neighborhoods.

Vallombrosa Ave / Madrone Ave is a suburban neighborhood (based on population density) located in Chico, California.

Vallombrosa Ave / Madrone Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Vallombrosa Ave / Madrone Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vallombrosa Ave / Madrone Ave has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.9% 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 2.8% of residents in the Vallombrosa Ave / Madrone Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

NeighborhoodScout's analysis shows that the Vallombrosa Ave / Madrone Ave neighborhood has a greater concentration of residents currently enrolled in college than 95.2% of the neighborhoods in the U.S. With 11.0% of the population here attending college, this is very much a college-focused neighborhood.

Diversity

Did you know that the Vallombrosa Ave / Madrone Ave neighborhood has more British and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have British ancestry and 1.0% have Canadian 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 Vallombrosa Ave / Madrone Ave neighborhood in Chico are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.6% of the neighborhoods in America. In addition, 7.5% 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 57.3% 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 Vallombrosa Ave / Madrone Ave neighborhood, 58.0% 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 18.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.8%), and 9.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Vallombrosa Ave / Madrone Ave neighborhood is English, spoken by 92.4% of households. Some people also speak Spanish (5.4%).

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 Vallombrosa Ave / Madrone Ave neighborhood in Chico, CA, residents most commonly identify their ethnicity or ancestry as German (21.8%). There are also a number of people of English ancestry (14.1%), and residents who report Irish roots (9.1%), and some of the residents are also of Mexican ancestry (8.2%), along with some Italian ancestry residents (5.6%), 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 Vallombrosa Ave / Madrone Ave neighborhood spend under 15 minutes commuting one-way to work (56.5% of working residents), one of the shortest commutes across America.

Here most residents (54.9%) 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 (20.1%) . 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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