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Real Estate Prices & Overview

Meadowbrook / Good Hope Acres median real estate price is $432,887, which is less expensive than 87.3% of California neighborhoods and 43.6% of all U.S. neighborhoods.

The average rental price in Meadowbrook / Good Hope Acres is currently $2,669, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.2% of California neighborhoods.

Meadowbrook / Good Hope Acres is a rural neighborhood (based on population density) located in Perris, California.

Meadowbrook / Good Hope Acres real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes 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 Meadowbrook / Good Hope Acres 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.

Meadowbrook / Good Hope Acres has a 13.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.2% 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.

Real Estate

The Meadowbrook / Good Hope Acres neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 56.1% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.4% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

Occupations

NeighborhoodScout's exclusive research identifies the Meadowbrook / Good Hope Acres neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.3% of its working residents employed in such fields, which is a higher proportion than 98.2% of American neighborhoods.

People

The Meadowbrook / Good Hope Acres neighborhood is unique for having just 4.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.4% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Meadowbrook / Good Hope Acres neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.6% of the households here have four, five, or more cars. That is more cars per household than in 97.4% of the neighborhoods in the nation.

Diversity

Did you know that the Meadowbrook / Good Hope Acres neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.6% of this neighborhood's residents have Mexican ancestry.

The Neighbors

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 Meadowbrook / Good Hope Acres neighborhood in Perris are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. With 37.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.1% of U.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 Meadowbrook / Good Hope Acres neighborhood, 47.3% of the working population is employed in manufacturing and laborer 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 20.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 15.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Meadowbrook / Good Hope Acres neighborhood is Spanish, spoken by 54.1% of households. Some people also speak English (43.6%).

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 Meadowbrook / Good Hope Acres neighborhood in Perris, CA, residents most commonly identify their ethnicity or ancestry as Mexican (70.6%). There are also a number of people of Asian ancestry (2.8%), and residents who report German roots (2.1%), and some of the residents are also of Irish ancestry (2.0%), along with some Norwegian ancestry residents (1.9%), among others. In addition, 21.3% of the residents of this neighborhood were born in another country.

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 Meadowbrook / Good Hope Acres neighborhood spend between 30 and 45 minutes commuting one-way to work (37.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (79.4%) 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 (10.1%) . 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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