Valencia is a very small town located in the state of California. With a population of 3,954 people and just one neighborhood, Valencia is the 541st largest community in California. Much of the housing stock in Valencia was built relatively recently. The construction of new real estate can often be taken as an indication that the local Valencia economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Valencia, where the median household income is $134,716.
Real Estate Prices
Valencia home prices are not only among the most expensive in California, but Valencia real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Valencia is a decidedly white-collar town, with fully 87.02% of the workforce employed in white-collar jobs, well above the national average. Overall, Valencia is a town of professionals, sales and office workers and managers. There are especially a lot of people living in Valencia who work in management occupations (18.96%), sales jobs (16.28%) and healthcare (11.47%).
Also of interest is that Valencia has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Valencia is a great place for families with children to consider. First of all, many other families with children live here, making Valencia a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Valencia has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Valencia’s overall crime rate is lower than average for the country.
One downside of living in Valencia, however, is that residents on average have to contend with a long commute, spending on average 37.09 minutes every day commuting to work.