Old Towne West median real estate price is $834,410, which is more expensive than 44.8% of the neighborhoods in California and 82.2% of the neighborhoods in the U.S.
The average rental price in Old Towne West is currently $3,441, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.8% of California neighborhoods.
Old Towne West is an urban neighborhood (based on population density) located in Orange, California.
Old Towne West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Old Towne West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Old Towne West, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in Old Towne West is very tight compared to the demand for property here.
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.
Significantly, 5.0% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 97.9% 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 Old Towne West neighborhood in Orange 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. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.4% 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 Old Towne West neighborhood, 43.6% 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 23.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 14.5% in manufacturing and laborer occupations.
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 Old Towne West neighborhood is English, spoken by 58.2% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Vietnamese.
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 Old Towne West neighborhood in Orange, CA, residents most commonly identify their ethnicity or ancestry as Mexican (47.2%). There are also a number of people of Asian ancestry (13.1%), and residents who report English roots (6.8%), and some of the residents are also of German ancestry (5.1%), along with some Irish ancestry residents (2.8%), among others. In addition, 23.4% of the residents of this neighborhood were born in another country.
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 Old Towne West neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (63.2%) 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 (15.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.