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Real Estate Prices & Overview

Van Ness median real estate price is $1,942,011, which is more expensive than 91.0% of the neighborhoods in California and 98.3% of the neighborhoods in the U.S.

The average rental price in Van Ness is currently $1,230, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.2% of California neighborhoods.

Van Ness is a densely urban neighborhood (based on population density) located in San Francisco, California.

Van Ness real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Van Ness neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Van Ness has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.8% 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.

People

One of the unique characteristics of the Van Ness neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.5% of the neighborhoods in America. In a nation where 1 out of every 4 children lives in poverty, the Van Ness neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the Van Ness neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 68.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.7% of the neighborhoods in America.

Real Estate

One of the really unique and interesting things about the look and setting of the Van Ness neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 100.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.9% of all neighborhoods in America.

In addition, the Van Ness 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 98.6% 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, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 79,812 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Van Ness neighborhood is one of the most walkable neighborhoods in America.

Also of note, 90.6% of the real estate in the Van Ness neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

More people in Van Ness choose to walk to work each day (48.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, more people ride the bus in this neighborhood each day to get to work than 98.5% of U.S. neighborhoods.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.3% of residents in the Van Ness neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Van Ness neighborhood have a highly unusual car ownership. 65.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.

Occupations

There are more people living in the Van Ness neighborhood employed as sales and service workers (59.3%) 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.

Diversity

Did you know that the Van Ness neighborhood has more Finnish and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Finnish ancestry and 7.5% have Russian ancestry.

Van Ness is also pretty special linguistically. Significantly, 10.1% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Van Ness neighborhood. What is interesting to note, is that the Van Ness neighborhood has a greater percentage of residents born in another country (55.4%) than are found in 98.6% 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 Van Ness neighborhood in San Francisco are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.5% of U.S. neighborhoods. 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 Van Ness neighborhood, 40.7% 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 executive, management, and professional occupations, with 37.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 7.3% in manufacturing and laborer 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 Van Ness neighborhood is English, spoken by 43.7% of households. Other important languages spoken here include Spanish, Chinese, Vietnamese and German/Yiddish.

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 Van Ness neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (36.1%). There are also a number of people of Russian ancestry (7.5%), and residents who report Mexican roots (6.7%), and some of the residents are also of English ancestry (5.7%), along with some Irish ancestry residents (5.0%), among others. In addition, 55.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Van Ness neighborhood spend between 15 and 30 minutes commuting one-way to work (44.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.7%) hop out the door and walk to work to get to work. In addition, quite a number also ride the bus to get to work (19.4%) and 12.0% of residents also drive alone in a private automobile 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.


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