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.
Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the Walnut Ave / Culver Dr neighborhood have a highly unusual car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 27.3% of the households here have four, five,
or more cars. That is more cars per household than in 99.2% of
the neighborhoods in the nation.
Notable & Unique: Diversity
Did you know that the Walnut Ave / Culver Dr neighborhood has more
Asian and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 38.8% of
this neighborhood's residents have Asian ancestry and 1.9% have Iranian ancestry.
Walnut Ave / Culver Dr is also pretty special linguistically. Significantly, 5.0% 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 99.6% of the neighborhoods in America.
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 Walnut Ave / Culver Dr neighborhood is wealthier than 95.0%
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.
In addition, the Walnut Ave / Culver Dr neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 94.9% of California neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for families with school-aged children, urban sophisticates and college students.
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Walnut Ave / Culver Dr 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, 90.4% of the residential real estate here was built in this one time period.
Furthermore, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.7% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Walnut Ave / Culver Dr 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.