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Real Estate Prices & Overview

Elm Ave / Fontana Ave median real estate price is $509,416, which is less expensive than 78.8% of California neighborhoods and 30.0% of all U.S. neighborhoods.

The average rental price in Elm Ave / Fontana Ave is currently $3,374, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.2% of the neighborhoods in California.

Elm Ave / Fontana Ave is an urban neighborhood (based on population density) located in Fontana, California.

Elm Ave / Fontana Ave 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 Elm Ave / Fontana Ave 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.

In Elm Ave / Fontana Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Elm Ave / Fontana Ave is very tight compared to the demand for property here.

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 Fontana, the Elm Ave / Fontana Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Elm Ave / Fontana Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Elm Ave / Fontana Ave neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 49.2% of the households here have four, five, or more cars. That is more cars per household than in 99.6% of the neighborhoods in the nation.

People

One of the really interesting characteristics about the Elm Ave / Fontana Ave 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 1.7% of college-friendly places to live in the state of California.

Occupations

NeighborhoodScout's exclusive research identifies the Elm Ave / Fontana Ave neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.2% of its working residents employed in such fields, which is a higher proportion than 98.1% of American neighborhoods.

Diversity

Did you know that the Elm Ave / Fontana Ave neighborhood has more South American and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.0% of this neighborhood's residents have South American ancestry and 61.7% have Mexican ancestry.

Elm Ave / Fontana Ave is also pretty special linguistically. Significantly, 73.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.

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 Elm Ave / Fontana Ave neighborhood in Fontana are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.8% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.1% 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 Elm Ave / Fontana Ave neighborhood, 47.2% of the working population is employed in manufacturing and laborer 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 21.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.0%), and 15.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Elm Ave / Fontana Ave neighborhood is Spanish, spoken by 73.5% of households. Some people also speak English (24.7%).

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 Elm Ave / Fontana Ave neighborhood in Fontana, CA, residents most commonly identify their ethnicity or ancestry as Mexican (61.7%). There are also a number of people of South American ancestry (9.0%), and residents who report Asian roots (2.1%), and some of the residents are also of Italian ancestry (1.2%). In addition, 31.4% of the residents of this neighborhood were born in another country.

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 Elm Ave / Fontana Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (63.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.9%) 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 (15.3%) . 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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