Real Estate Prices and Overview
Bolsa Knolls median real estate prices are $488,339, which is more expensive than 65.7% of the neighborhoods
in California and 92.0% of the
neighborhoods in the U.S.
Average rental prices in Bolsa Knolls are currently
$1,695, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.2%
of the neighborhoods in California.
Bolsa Knolls is a suburban neighborhood (based on population
density) located in Salinas, California.
Bolsa Knolls real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Bolsa Knolls neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Bolsa Knolls are 7.0%,
which is lower than one will find in 63.5% of American
neighborhoods. Demand for real estate in Bolsa Knolls
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
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.
Notable & Unique: Diversity
Did you know that the Bolsa Knolls neighborhood has more
Portuguese and Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.1% of
this neighborhood's residents have Portuguese ancestry and 1.1% have Swiss ancestry.
Bolsa Knolls is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 97.9% of the neighborhoods in America.
The Neighbors: Income
There are two complimentary 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 Bolsa Knolls neighborhood in Salinas 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 87.7% of the neighborhoods in America.
With 21.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 60.3%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Bolsa Knolls neighborhood, 29.9%
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 29.7% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(24.1%), and 16.3% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Bolsa Knolls neighborhood in Salinas, CA, residents
most commonly identify their ethnicity or ancestry as Mexican
(35.4%). There are also a number of people of English ancestry (14.0%) , and residents who report German roots (6.2%) , and some of the residents are also of Asian ancestry (4.1%) , along with some Irish ancestry residents (4.0%), among others. In addition, 21.7% of the residents of this neighborhood were born in another country.
The Neighbors: 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 Bolsa Knolls
neighborhood is English, spoken by 65.2% of households. Other important languages spoken here include Spanish and Chinese.
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 Bolsa Knolls neighborhood spend
between 15 and 30 minutes commuting one-way to work (42.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.6%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.