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Real Estate Prices & Overview

South Laguna Hills / Galivan median real estate price is $1,932,645, which is more expensive than 94.5% of the neighborhoods in California and 98.9% of the neighborhoods in the U.S.

The average rental price in South Laguna Hills / Galivan is currently $4,747, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.6% of the neighborhoods in California.

South Laguna Hills / Galivan is a suburban neighborhood (based on population density) located in Laguna Hills, California.

South Laguna Hills / Galivan real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the South Laguna Hills / Galivan 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.

South Laguna Hills / Galivan has a 16.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

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 South Laguna Hills / Galivan neighborhood is wealthier than 97.6% 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, a majority of the adults in the South Laguna Hills / Galivan neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for California by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.0% of the neighborhoods in California. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees and urban sophisticates.

Also, the rate of college educated adults in the South Laguna Hills / Galivan neighborhood is a unique characteristic of the neighborhood. 76.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.8% of all U.S. neighborhoods.

Diversity

Did you know that the South Laguna Hills / Galivan neighborhood has more Eastern European and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Eastern European ancestry and 4.2% have Iranian ancestry.

South Laguna Hills / Galivan is also pretty special linguistically. Significantly, 8.3% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.9% 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 South Laguna Hills / Galivan neighborhood in Laguna Hills 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 97.6% of the neighborhoods in America. In addition, 9.9% 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 51.8% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the South Laguna Hills / Galivan neighborhood, 67.5% 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 17.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.5%), and 3.7% in manufacturing and laborer 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 South Laguna Hills / Galivan neighborhood is English, spoken by 73.9% of households. Other important languages spoken here include Persian, Chinese and Spanish.

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 South Laguna Hills / Galivan neighborhood in Laguna Hills, CA, residents most commonly identify their ethnicity or ancestry as Asian (17.5%). There are also a number of people of Irish ancestry (15.5%), and residents who report German roots (11.9%), and some of the residents are also of English ancestry (9.7%), along with some Eastern European ancestry residents (5.0%), among others. In addition, 22.6% 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 South Laguna Hills / Galivan neighborhood spend between 15 and 30 minutes commuting one-way to work (44.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.7%) 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 (10.6%) . 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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