Village O / California State University San Marcos median real estate price is $1,044,924, which is more expensive than 63.6% of the neighborhoods in California and 91.4% of the neighborhoods in the U.S.
The average rental price in Village O / California State University San Marcos is currently $5,009, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4% of the neighborhoods in California.
Village O / California State University San Marcos is a suburban neighborhood (based on population density) located in San Marcos, California.
Village O / California State University San Marcos real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments 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 Village O / California State University San Marcos neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Village O / California State University San Marcos has a 13.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.0% 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.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in San Marcos, the Village O / California State University San Marcos neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the Village O / California State University San Marcos neighborhood has a greater concentration of residents currently enrolled in college than 98.0% of the neighborhoods in the U.S. With 22.6% of the population here attending college, this is very much a college-focused neighborhood.
In addition, according to NeighborhoodScout's research, Village O / California State University San Marcos is better suited for first-time home buyers than 89.4% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in California. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.
Did you know that the Village O / California State University San Marcos neighborhood has more Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Lithuanian ancestry.
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 Village O / California State University San Marcos neighborhood in San Marcos are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.9% of the neighborhoods in America. In addition, 1.1% 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 78.3% 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 Village O / California State University San Marcos neighborhood, 37.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.4%), and 17.0% in manufacturing and laborer occupations.
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 Village O / California State University San Marcos neighborhood is English, spoken by 74.8% of households. Other important languages spoken here include Spanish, Polish and Tagalog (the first language of the Philippine region).
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 Village O / California State University San Marcos neighborhood in San Marcos, CA, residents most commonly identify their ethnicity or ancestry as Mexican (28.8%). There are also a number of people of Asian ancestry (10.9%), and residents who report English roots (9.3%), and some of the residents are also of Irish ancestry (8.4%), along with some German ancestry residents (6.6%), among others. In addition, 17.0% 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 Village O / California State University San Marcos neighborhood spend between 30 and 45 minutes commuting one-way to work (36.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (78.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.