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
Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Thatcher Ln / Billingsgate Ln neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
In addition to being coastal, Thatcher Ln / Billingsgate Ln is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.
In addition, 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 Thatcher Ln / Billingsgate Ln 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.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Thatcher Ln / Billingsgate Ln 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, 93.7% of the residential real estate here was built in this one time period.
Notable & Unique: Diversity
Did you know that the Thatcher Ln / Billingsgate Ln neighborhood has more
Asian and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 46.3% of
this neighborhood's residents have Asian ancestry and 1.2% have Iranian ancestry.
Thatcher Ln / Billingsgate Ln is also pretty special linguistically. Significantly, 7.0% of its residents five years old and above primarily
speak Japanese at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: People
One of the really interesting characteristics about the
Thatcher Ln / Billingsgate Ln 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 2.1% 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 highly educated executives.
In addition, if you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 2.5% of America's neighborhoods are wealthier than the
Thatcher Ln / Billingsgate Ln neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.