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Real Estate Prices & Overview

El Rey Terrace / Roberta Park median real estate price is $547,798, which is less expensive than 75.3% of California neighborhoods and 28.9% of all U.S. neighborhoods.

The average rental price in El Rey Terrace / Roberta Park is currently $2,927, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.7% of California neighborhoods.

El Rey Terrace / Roberta Park is a densely urban neighborhood (based on population density) located in Chula Vista, California.

El Rey Terrace / Roberta Park 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the El Rey Terrace / Roberta Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

El Rey Terrace / Roberta Park has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.8% 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

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 Chula Vista, the El Rey Terrace / Roberta Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The El Rey Terrace / Roberta Park 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 81.9% 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.

People

The El Rey Terrace / Roberta Park neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.9% of college-friendly places to live in CA.

Diversity

Did you know that the El Rey Terrace / Roberta Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.2% of this neighborhood's residents have Mexican ancestry.

El Rey Terrace / Roberta Park is also pretty special linguistically. Significantly, 68.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.1% of all U.S. neighborhoods.

The Neighbors

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 El Rey Terrace / Roberta Park neighborhood in Chula Vista are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.0% of U.S. neighborhoods. With 27.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.0% of U.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 El Rey Terrace / Roberta Park neighborhood, 33.1% 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 27.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.7%), and 15.2% 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 El Rey Terrace / Roberta Park neighborhood is Spanish, spoken by 68.1% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the El Rey Terrace / Roberta Park neighborhood in Chula Vista, CA, residents most commonly identify their ethnicity or ancestry as Mexican (77.2%). There are also a number of people of Asian ancestry (4.0%), and residents who report English roots (3.2%), and some of the residents are also of German ancestry (2.7%), along with some Irish ancestry residents (2.1%), among others. In addition, 27.5% 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 El Rey Terrace / Roberta Park neighborhood spend between 15 and 30 minutes commuting one-way to work (41.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.6%) and 6.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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