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Real Estate Prices & Overview

Sierra Lakes median real estate price is $761,604, which is more expensive than 45.5% of the neighborhoods in California and 85.3% of the neighborhoods in the U.S.

The average rental price in Sierra Lakes is currently $5,372, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.4% of the neighborhoods in California.

Sierra Lakes is an urban neighborhood (based on population density) located in Fontana, California.

Sierra Lakes 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 Sierra Lakes neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Sierra Lakes, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 86.1% of all neighborhoods in the U.S. This means that the housing supply in Sierra Lakes is very tight compared to the demand for property here.

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.

People

One of the really interesting characteristics about the Sierra Lakes neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.4% of college-friendly places to live in the state of California. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

In addition, neighborhoodScout's analysis shows that the Sierra Lakes neighborhood has a greater concentration of residents currently enrolled in college than 95.6% of the neighborhoods in the U.S. With 11.6% of the population here attending college, this is very much a college-focused neighborhood.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Sierra Lakes neighborhood's real estate landscape than 99.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 91.5% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, one way that the Sierra Lakes neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Sierra Lakes neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Lebanese ancestry and 3.1% have Arab ancestry.

Sierra Lakes is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.6% 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 Sierra Lakes neighborhood in Fontana 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 91.2% of the neighborhoods in America. In addition, 6.7% 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 59.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Sierra Lakes neighborhood, 33.1% 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 30.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 13.8% in clerical, assistant, and tech support occupations.

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 Sierra Lakes neighborhood is English, spoken by 60.5% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Chinese.

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 Sierra Lakes neighborhood in Fontana, CA, residents most commonly identify their ethnicity or ancestry as Mexican (40.7%). There are also a number of people of Asian ancestry (18.7%), and residents who report Italian roots (6.4%), and some of the residents are also of Irish ancestry (5.5%), along with some Arab ancestry residents (3.1%), among others. In addition, 20.3% 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 Sierra Lakes neighborhood spend between 15 and 30 minutes commuting one-way to work (46.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.6%) 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 (16.6%) . 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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