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Real Estate Prices & Overview

Princess Park / Pine Creek median real estate price is $491,375, which is less expensive than 80.5% of California neighborhoods and 31.5% of all U.S. neighborhoods.

The average rental price in Princess Park / Pine Creek is currently $2,911, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of California neighborhoods.

Princess Park / Pine Creek is a densely urban neighborhood (based on population density) located in Concord, California.

Princess Park / Pine Creek 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Princess Park / Pine Creek neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Princess Park / Pine Creek, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Princess Park / Pine Creek is very tight compared to the demand for property here.

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 Concord, the Princess Park / Pine Creek neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Princess Park / Pine Creek neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the Princess Park / Pine Creek 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 92.3% 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, one of the really unique and interesting things about the look and setting of the Princess Park / Pine Creek neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 75.0% 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 95.9% of all neighborhoods in America.

Also of note, if you like crowded places, then you will probably enjoy the the Princess Park / Pine Creek neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.6% of neighborhoods in the U.S., with 22,859 people per square mile living here.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Princess Park / Pine Creek neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.5% of all American neighborhoods.

Diversity

Did you know that the Princess Park / Pine Creek neighborhood has more Lithuanian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lithuanian ancestry and 10.0% have South American ancestry.

Princess Park / Pine Creek is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.

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. What is interesting to note, is that the Princess Park / Pine Creek neighborhood has a greater percentage of residents born in another country (42.4%) than are found in 95.1% 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 Princess Park / Pine Creek neighborhood in Concord are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.8% of the neighborhoods in America. With 27.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Princess Park / Pine Creek neighborhood, 38.5% 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 34.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.2%), and 11.1% 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 Princess Park / Pine Creek neighborhood is Spanish, spoken by 62.1% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

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 Princess Park / Pine Creek neighborhood in Concord, CA, residents most commonly identify their ethnicity or ancestry as Mexican (49.5%). There are also a number of people of Asian ancestry (14.2%), and residents who report South American roots (10.0%), and some of the residents are also of Italian ancestry (3.8%), along with some English ancestry residents (2.4%), among others. In addition, 42.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Princess Park / Pine Creek neighborhood spend under 15 minutes commuting one-way to work (27.4% of working residents), one of the shortest commutes across America.

Here most residents (58.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (15.3%) and 6.7% of residents also take the train 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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