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Real Estate Prices & Overview

Laurel Heights / Sherwood Lake median real estate price is $515,065, which is less expensive than 81.1% of California neighborhoods and 32.1% of all U.S. neighborhoods.

The average rental price in Laurel Heights / Sherwood Lake is currently $3,295, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of California neighborhoods.

Laurel Heights / Sherwood Lake is a suburban neighborhood (based on population density) located in Salinas, California.

Laurel Heights / Sherwood Lake 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 occupied by a mixture of owners and renters. Many of the residences in the Laurel Heights / Sherwood Lake neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Laurel Heights / Sherwood Lake, the current vacancy rate is 1.1%, which is a lower rate of vacancies than 91.1% of all neighborhoods in the U.S. This means that the housing supply in Laurel Heights / Sherwood Lake is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Laurel Heights / Sherwood Lake neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 21.5% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.7% of U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the Laurel Heights / Sherwood Lake neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.1% of the neighborhoods in America.

In addition, there is an especially high percentage of incarcerated people (0.8%) living in the Laurel Heights / Sherwood Lake neighborhood.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Laurel Heights / Sherwood Lake stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.3% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Laurel Heights / Sherwood Lake neighborhood has more Mexican and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.6% of this neighborhood's residents have Mexican ancestry and 0.4% have Yugoslav ancestry.

Laurel Heights / Sherwood Lake is also pretty special linguistically. Significantly, 82.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.8% of all U.S. neighborhoods.

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 Laurel Heights / Sherwood Lake neighborhood in Salinas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.5% of U.S. neighborhoods. With 37.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Laurel Heights / Sherwood Lake neighborhood, 28.2% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is farming, forestry, or commercial fishing, with 21.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.2%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Laurel Heights / Sherwood Lake neighborhood is Spanish, spoken by 82.0% of households. Some people also speak English (16.7%).

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 Laurel Heights / Sherwood Lake neighborhood in Salinas, CA, residents most commonly identify their ethnicity or ancestry as Mexican (85.6%). There are also a number of people of English ancestry (3.6%), and residents who report Irish roots (2.2%), and some of the residents are also of Asian ancestry (2.0%), along with some German ancestry residents (1.6%), among others. In addition, 38.8% 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 Laurel Heights / Sherwood Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.3%) 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 (18.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
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Schools include:
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