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Real Estate Prices & Overview

India Basin median real estate price is $1,078,345, which is more expensive than 71.4% of the neighborhoods in California and 93.6% of the neighborhoods in the U.S.

The average rental price in India Basin is currently $4,741, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.7% of the neighborhoods in California.

India Basin is a rural neighborhood (based on population density) located in San Francisco, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

India Basin 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the India Basin neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

India Basin has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.0% 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.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

India Basin is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, India Basin is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the India Basin 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 90.1% 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 India Basin neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 84.0% 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 97.3% of all neighborhoods in America.

Also of note, 84.6% of the real estate in the India Basin neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.3% of residents in the India Basin neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, our research revealed that more commuters here take the bus to work (19.3% ride the bus) than 98.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

People

Of particular note, 5.2% of the people in the India Basin neighborhood currently reside in a correction facility, held due to punishment for a crime.

Occupations

The India Basin neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.4% of the neighborhoods in America. In fact, 71.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the India Basin neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 12.8% of its workforce, this neighborhood has a greater concentration of government workers than 95.3% of U.S. neighborhoods.

Diversity

Did you know that the India Basin neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.6% of this neighborhood's residents have Asian ancestry.

India Basin is also pretty special linguistically. Significantly, 18.8% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the India Basin neighborhood in San Francisco are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 22.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.7% 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 India Basin neighborhood, 71.7% 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 18.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (12.8%), and 10.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 India Basin neighborhood is English, spoken by 54.7% of households. Other important languages spoken here include Vietnamese, Chinese, Italian and Japanese.

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 India Basin neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (67.6%). There are also a number of people of German ancestry (4.1%), and residents who report Italian roots (3.5%), and some of the residents are also of Mexican ancestry (2.5%), along with some Sub-Saharan African ancestry residents (2.0%), among others. In addition, 25.1% 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 India Basin neighborhood spend under 15 minutes commuting one-way to work (43.8% of working residents), one of the shortest commutes across America.

Here most residents (45.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (19.3%) and 9.1% 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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