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Real Estate Prices & Overview

Terrace Historic District North median real estate price is $485,754, which is less expensive than 81.0% of California neighborhoods and 32.1% of all U.S. neighborhoods.

The average rental price in Terrace Historic District North is currently $2,146, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.6% of California neighborhoods.

Terrace Historic District North is a densely urban neighborhood (based on population density) located in Colton, California.

Terrace Historic District North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Terrace Historic District North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Terrace Historic District North are 3.9%, which is lower than one will find in 74.3% of American neighborhoods. Demand for real estate in Terrace Historic District North 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

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 Colton, the Terrace Historic District North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Terrace Historic District North neighborhood about it; they already know. 25.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, terrace Historic District North is ranked among the top 9.0% of neighborhoods for first-time home buyers to consider in the state of California according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Terrace Historic District North neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.

Modes of Transportation

While most Americans do drive to work alone each day, the Terrace Historic District North neighborhood stands out by having 91.9% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.1% of all American neighborhoods.

Diversity

Did you know that the Terrace Historic District North neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.1% of this neighborhood's residents have Mexican ancestry.

The Neighbors

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 Terrace Historic District North neighborhood in Colton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.8% of the neighborhoods in America. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.2% of U.S. neighborhoods.

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 Terrace Historic District North neighborhood, 31.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 17.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Terrace Historic District North neighborhood is English, spoken by 58.2% of households. Some people also speak Spanish (41.2%).

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 Terrace Historic District North neighborhood in Colton, CA, residents most commonly identify their ethnicity or ancestry as Mexican (73.1%). There are also a number of people of Jamaican ancestry (2.3%), and residents who report German roots (1.8%). In addition, 14.8% 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 Terrace Historic District North neighborhood spend between 30 and 45 minutes commuting one-way to work (34.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (91.9%) drive alone in a private automobile to get to work. 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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Crime includes:
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Schools include:
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