Balboa Cove / Marina Circle median real estate price is $1,131,541, which is more expensive than 78.4% of the neighborhoods in California and 95.1% of the neighborhoods in the U.S.
The average rental price in Balboa Cove / Marina Circle is currently $4,604, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.4% of the neighborhoods in California.
Balboa Cove / Marina Circle is an urban neighborhood (based on population density) located in Discovery Bay, California.
Balboa Cove / Marina Circle real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Balboa Cove / Marina Circle 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.
Balboa Cove / Marina Circle has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.3% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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.
Most neighborhoods are composed of a mixture of ages of homes, but the Balboa Cove / Marina Circle stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 89.7% of the residential real estate here was built in this one time period.
Did you know that the Balboa Cove / Marina Circle neighborhood has more Belgian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Belgian ancestry and 0.8% have Armenian ancestry.
Balboa Cove / Marina Circle is also pretty special linguistically. Significantly, 0.5% 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 95.1% of the neighborhoods in America.
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 Balboa Cove / Marina Circle neighborhood in Discovery Bay 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 92.8% of the neighborhoods in America. With 14.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.2% 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 Balboa Cove / Marina Circle neighborhood, 39.8% 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 27.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.9%), and 16.3% in manufacturing and laborer occupations.
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 Balboa Cove / Marina Circle neighborhood is English, spoken by 90.2% of households. Other important languages spoken here include Spanish and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Balboa Cove / Marina Circle neighborhood in Discovery Bay, CA, residents most commonly identify their ethnicity or ancestry as German (18.5%). There are also a number of people of Irish ancestry (13.3%), and residents who report Mexican roots (12.3%), and some of the residents are also of English ancestry (11.7%), along with some Italian ancestry residents (6.8%), among others.
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 Balboa Cove / Marina Circle neighborhood spend between 45 minutes and one hour commuting one-way to work (46.8% of working residents), longer and tougher than most commutes in America.
Here most residents (61.3%) 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 (17.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.