Mt Hope median real estate price is $736,421, which is less expensive than 61.5% of California neighborhoods and 18.2% of all U.S. neighborhoods.
The average rental price in Mt Hope is currently $3,535, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.0% of the neighborhoods in California.
Mt Hope is an urban neighborhood (based on population density) located in San Diego, California.
Mt Hope real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mt Hope neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Mt Hope, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.5% of all neighborhoods in the U.S. This means that the housing supply in Mt Hope 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.
There are more people living in the Mt Hope neighborhood employed as sales and service workers (60.6%) 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.
Did you know that the Mt Hope neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.7% of this neighborhood's residents have Mexican ancestry.
Mt Hope is also pretty special linguistically. Significantly, 61.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.0% of all U.S. neighborhoods.
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 Mt Hope neighborhood in San Diego are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.0% of the neighborhoods in America. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.0% 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 Mt Hope neighborhood, 39.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.3%), and 16.4% in executive, management, and professional occupations.
The most common language spoken in the Mt Hope neighborhood is Spanish, spoken by 61.6% of households. Some people also speak English (37.4%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Mt Hope neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Mexican (78.7%). There are also a number of people of German ancestry (1.9%), and residents who report English roots (1.5%), and some of the residents are also of Asian ancestry (1.4%), along with some Polish ancestry residents (1.4%), among others. In addition, 28.0% 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 Mt Hope neighborhood spend between 15 and 30 minutes commuting one-way to work (49.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.0%) 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 (17.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.