Mission Canyon median real estate price is $2,870,795, which is more expensive than 95.6% of the neighborhoods in California and 99.2% of the neighborhoods in the U.S.
The average rental price in Mission Canyon is currently $5,500, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.7% of the neighborhoods in California.
Mission Canyon is a rural neighborhood (based on population density) located in Santa Barbara, California.
Mission Canyon real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mission Canyon neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Mission Canyon has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.4% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.7%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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.
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 Canyon neighborhood is wealthier than 98.5% 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 Canyon also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the Mission Canyon neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for California by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.1% of the neighborhoods in California. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees and urban sophisticates.
Also, the rate of college educated adults in the Mission Canyon neighborhood is a unique characteristic of the neighborhood. 75.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.2% of all U.S. neighborhoods.
In the Mission Canyon neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 37.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Executives, managers and professionals make up 73.7% of the workforce in the Mission Canyon neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Mission Canyon neighborhood has more Dutch and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Dutch ancestry and 2.7% have British ancestry.
Mission Canyon is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.
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 Mission Canyon neighborhood in Santa Barbara 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 98.5% 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Mission Canyon neighborhood, 73.7% 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 9.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.2%), and 7.5% 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 Mission Canyon neighborhood is English, spoken by 89.2% of households. Other important languages spoken here include German/Yiddish and Spanish.
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 Canyon neighborhood in Santa Barbara, CA, residents most commonly identify their ethnicity or ancestry as German (17.3%). There are also a number of people of English ancestry (15.0%), and residents who report Irish roots (13.1%), and some of the residents are also of Italian ancestry (10.4%), along with some Mexican ancestry residents (6.9%), among others. In addition, 10.7% of the residents of this neighborhood were born in another country.
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 Mission Canyon neighborhood spend between 15 and 30 minutes commuting one-way to work (58.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (56.2%) 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.