Real Estate Prices and Overview
Lake Tahoe Blvd / Tahoe Mt Rd median real estate prices are $463,211, which is more expensive than 62.5% of the neighborhoods
in California and 91.0% of the
neighborhoods in the U.S.
Average rental prices in Lake Tahoe Blvd / Tahoe Mt Rd are currently
$1,773, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.0%
of the neighborhoods in California.
Lake Tahoe Blvd / Tahoe Mt Rd is a suburban neighborhood (based on population
density) located in South Lake Tahoe, California.
Lake Tahoe Blvd / Tahoe Mt Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Lake Tahoe Blvd / Tahoe Mt Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Lake Tahoe Blvd / Tahoe Mt Rd. The current real estate vacancy rate here is 45.6%.
This is higher than the rate of vacancies in 98.1% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually 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 South Lake Tahoe,
the Lake Tahoe Blvd / Tahoe Mt Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Lake Tahoe Blvd / Tahoe Mt Rd neighborhood has more
Austrian and Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.7% of
this neighborhood's residents have Austrian ancestry and 1.6% have Swiss ancestry.
Lake Tahoe Blvd / Tahoe Mt Rd is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: Occupations
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 Lake Tahoe Blvd / Tahoe Mt Rd neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 15.3% of its workforce, this
neighborhood has a greater concentration of government workers than
97.0% of U.S. neighborhoods.
Notable & Unique: People
An extraordinary 16.1% of the residents of the
Lake Tahoe Blvd / Tahoe Mt Rd neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
Notable & Unique: Real Estate
In addition, this Lake Tahoe Blvd / Tahoe Mt Rd neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 99.1% of all neighborhoods in America.
Furthermore, despite all of the residential real estate here in the Lake Tahoe Blvd / Tahoe Mt Rd neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 45.6%, which is higher than 98.1% of all U.S. neighborhoods.
The Neighbors: Income
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 Lake Tahoe Blvd / Tahoe Mt Rd neighborhood in South Lake Tahoe are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 83.8% of the neighborhoods in America.
In addition, 3.6% 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 80.0%
of America's neighborhoods.
The Neighbors: Occupations
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 Lake Tahoe Blvd / Tahoe Mt Rd neighborhood, 37.9%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.3% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.5%), and 19.4% in manufacturing and laborer 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 Lake Tahoe Blvd / Tahoe Mt Rd neighborhood in South Lake Tahoe, CA, residents
most commonly identify their ethnicity or ancestry as English
(11.9%). There are also a number of people of German ancestry (9.8%) , and residents who report Irish roots (9.6%) , and some of the residents are also of Italian ancestry (6.7%) , along with some Mexican ancestry residents (5.0%), among others.
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 Lake Tahoe Blvd / Tahoe Mt Rd
neighborhood is English, spoken by 89.2% of households. Other important languages spoken here include Spanish and German.
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 Lake Tahoe Blvd / Tahoe Mt Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (51.5% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.1%) 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 (13.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.