Aspen Valley / Colfax Spring median real estate price is $523,881, which is less expensive than 77.5% of California neighborhoods and 29.6% of all U.S. neighborhoods.
The average rental price in Aspen Valley / Colfax Spring is currently $2,452, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.4% of California neighborhoods.
Aspen Valley / Colfax Spring is a remote neighborhood (based on population density) located in Groveland, California.
Aspen Valley / Colfax Spring real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Aspen Valley / Colfax Spring 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.
Vacant apartments or homes are a major fact of life in Aspen Valley / Colfax Spring. The current real estate vacancy rate here is 53.9%. This is higher than the rate of vacancies in 99.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (44.3%). 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.
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 Groveland, the Aspen Valley / Colfax Spring 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 Aspen Valley / Colfax Spring 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 Aspen Valley / Colfax Spring community truly stands out from the rest in this regard.
In addition, if you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Aspen Valley / Colfax Spring may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.8% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit.
Real Estate
Despite all of the residential real estate here in the Aspen Valley / Colfax Spring 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 53.9%, which is higher than 99.0% of all U.S. neighborhoods.
In addition, unpopulated, and rural, the Aspen Valley / Colfax Spring neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 98.9% of the neighborhoods in America.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Aspen Valley / Colfax Spring neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.4% of all American neighborhoods.
Modes of Transportation
In the Aspen Valley / Colfax Spring neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Occupations
There are more people living in the Aspen Valley / Colfax Spring neighborhood employed as sales and service workers (58.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Diversity
Did you know that the Aspen Valley / Colfax Spring neighborhood has more Austrian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Austrian ancestry and 6.0% have Scottish ancestry.
Aspen Valley / Colfax Spring is also pretty special linguistically. Significantly, 0.5% 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 95.3% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Aspen Valley / Colfax Spring neighborhood in Groveland are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.3% 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 Aspen Valley / Colfax Spring neighborhood, 43.2% 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 41.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.7%), and 7.6% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Aspen Valley / Colfax Spring neighborhood is English, spoken by 86.4% of households. Some people also speak Spanish (11.1%).
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 Aspen Valley / Colfax Spring neighborhood in Groveland, CA, residents most commonly identify their ethnicity or ancestry as German (17.7%). There are also a number of people of Irish ancestry (15.0%), and residents who report Italian roots (11.2%), and some of the residents are also of English ancestry (10.8%), along with some Mexican ancestry residents (10.5%), among others.
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 Aspen Valley / Colfax Spring neighborhood spend under 15 minutes commuting one-way to work (45.6% of working residents), one of the shortest commutes across America.
Here most residents (54.7%) 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 (11.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
