Real Estate Prices and Overview
Waldon median real estate prices are $499,534, which is more expensive than 66.7% of the neighborhoods
in California and 92.3% of the
neighborhoods in the U.S.
Average rental prices in Waldon are currently
$1,985, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.5%
of the neighborhoods in California.
Waldon is an urban neighborhood (based on population
density) located in Walnut Creek, California.
Waldon 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 single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the Waldon 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 Waldon are 7.3%,
which is lower than one will find in 61.5% of American
neighborhoods. Demand for real estate in Waldon
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 Waldon neighborhood has more
Iranian and Ukrainian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.6% of
this neighborhood's residents have Iranian ancestry and 1.6% have Ukrainian ancestry.
Waldon is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 99.4% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 27.9% of the
Waldon neighborhood's commuters ride the train to and from work each
day, which is more than we found in 97.4% of America's
Notable & Unique: People
The types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 46.6%. This
is a higher percent living alone than we found in 96.3% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
The Neighbors: Income
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 Waldon neighborhood in Walnut Creek 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 87.1% of the neighborhoods in America.
In addition, 7.1% 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 69.9%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Waldon neighborhood, 57.2%
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 22.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.4%), and 6.5% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Waldon neighborhood in Walnut Creek, CA, residents
most commonly identify their ethnicity or ancestry as Asian
(17.3%). There are also a number of people of English ancestry (8.0%) , and residents who report Italian roots (6.5%) , and some of the residents are also of Irish ancestry (6.4%) , along with some German ancestry residents (6.0%), among others. In addition, 20.7% 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 Waldon
neighborhood is English, spoken by 75.8% of households. Other important languages spoken here include Chinese, Spanish, Persian and South Asian languages.
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 Waldon neighborhood spend
between 45 minutes and one hour commuting one-way to work (28.1% of working
residents), longer and tougher than most commutes in America.
Here most residents (65.2%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (27.9%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.