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 Fountain Valley,
the Magnolia St / Ellis Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Magnolia St / Ellis Ave neighborhood is wealthier than 95.1%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
Magnolia St / Ellis Ave also has one of the lowest ratings of child
poverty in the nation.
In addition, according to NeighborhoodScout's exclusive analysis, Magnolia St / Ellis Ave
is among the best neighborhoods for families in California. In fact, this neighborhood is
more family-friendly than 98.0% of neighborhoods
in the entire state of California. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
Magnolia St / Ellis Ave neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Notable & Unique: Diversity
Did you know that the Magnolia St / Ellis Ave neighborhood has more
Croatian and Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.5% of
this neighborhood's residents have Croatian ancestry and 25.3% have Asian ancestry.
Magnolia St / Ellis Ave is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily
speak Vietnamese at home. While this may seem like a small percentage, it is higher
than 98.5% of the neighborhoods in America.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Magnolia St / Ellis Ave neighborhood buck
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 27.0% of the households here have four, five,
or more cars. That is more cars per household than in 96.9% of
the neighborhoods in the nation.
Notable & Unique: Real Estate
In addition, one way that the Magnolia St / Ellis Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.9% 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.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.5% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Magnolia St / Ellis 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.
Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Magnolia St / Ellis Ave neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.9% of all American neighborhoods.