Mission Bay West median real estate price is $1,155,861, which is more expensive than 69.7% of the neighborhoods in California and 93.2% of the neighborhoods in the U.S.
The average rental price in Mission Bay West is currently $4,966, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.0% of the neighborhoods in California.
Mission Bay West is a densely urban neighborhood (based on population density) located in San Francisco, California.
Mission Bay 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mission Bay West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Mission Bay West. The current real estate vacancy rate here is 23.2%. This is higher than the rate of vacancies in 90.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
People
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Mission Bay West neighborhood is wealthier than 97.5% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Mission Bay West also has one of the lowest ratings of child poverty in the nation.
In addition, of particular note, 17.3% of the people in the Mission Bay West neighborhood currently reside in a correction facility, held due to punishment for a crime.
Modes of Transportation
In the Mission Bay West neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 30.0% of residents here. This is a higher proportion of walking commuters than we found in 99.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, a unique way of commuting is simply not to. And in the Mission Bay West neighborhood, analysis shows that 27.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Finally, our research revealed that more commuters here take the bus to work (10.3% ride the bus) than 95.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Occupations
Executives, managers and professionals make up 78.7% of the workforce in the Mission Bay West neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Real Estate
The real estate in the Mission Bay West neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 92.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.6% of American neighborhoods.
In addition, the Mission Bay West neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 90.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Mission Bay West neighborhood. A whopping 66.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Mission Bay West neighborhood buck this trend. 31.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Mission Bay West neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Mission Bay West neighborhood has more Iranian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Iranian ancestry and 1.3% have Canadian ancestry.
Mission Bay West is also pretty special linguistically. Significantly, 10.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.0% 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 Mission Bay West neighborhood in San Francisco are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.5% 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 Mission Bay West neighborhood, 78.7% 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 10.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.8%), and 4.7% in clerical, assistant, and tech support occupations.
Languages
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 Mission Bay West neighborhood is English, spoken by 62.2% of households. Other important languages spoken here include Spanish and Chinese.
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 Mission Bay West neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (26.7%). There are also a number of people of Mexican ancestry (9.3%), and residents who report Irish roots (8.0%), and some of the residents are also of English ancestry (5.2%), along with some German ancestry residents (5.0%), among others. In addition, 31.0% 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 Mission Bay West neighborhood spend between 15 and 30 minutes commuting one-way to work (37.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (30.0%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (18.7%) and 10.3% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
