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Real Estate Prices & Overview

Forest Ave / E 20th St median real estate price is $448,615, which is less expensive than 84.2% of California neighborhoods and 36.3% of all U.S. neighborhoods.

The average rental price in Forest Ave / E 20th St is currently $1,757, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.8% of California neighborhoods.

Forest Ave / E 20th St is a suburban neighborhood (based on population density) located in Chico, California.

Forest Ave / E 20th St 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 occupied by a mixture of owners and renters. Many of the residences in the Forest Ave / E 20th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Forest Ave / E 20th St has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.6% 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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Forest Ave / E 20th St neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Forest Ave / E 20th St neighborhood has more Romanian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Romanian ancestry and 0.4% have Yugoslav ancestry.

Forest Ave / E 20th St is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.7% 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 Forest Ave / E 20th St neighborhood in Chico are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.4% of U.S. neighborhoods. With 15.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.7% of U.S. neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Forest Ave / E 20th St neighborhood, 38.8% 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 32.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 13.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Forest Ave / E 20th St neighborhood is English, spoken by 86.2% of households. Some people also speak Spanish (9.0%).

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 Forest Ave / E 20th St neighborhood in Chico, CA, residents most commonly identify their ethnicity or ancestry as Mexican (14.1%). There are also a number of people of Irish ancestry (13.2%), and residents who report German roots (12.9%), and some of the residents are also of English ancestry (10.7%), along with some Italian ancestry residents (4.9%), among others.

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 Forest Ave / E 20th St neighborhood spend under 15 minutes commuting one-way to work (61.5% of working residents), one of the shortest commutes across America.

Here most residents (79.6%) 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 (7.3%) . 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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