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Real Estate Prices & Overview

Blossom Hill Manor / Placer Oaks median real estate price is $2,435,141, which is more expensive than 95.9% of the neighborhoods in California and 99.2% of the neighborhoods in the U.S.

The average rental price in Blossom Hill Manor / Placer Oaks is currently $4,373, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in California.

Blossom Hill Manor / Placer Oaks is an urban neighborhood (based on population density) located in Los Gatos, California.

Blossom Hill Manor / Placer Oaks real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Blossom Hill Manor / Placer Oaks neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Blossom Hill Manor / Placer Oaks are 5.5%, which is lower than one will find in 63.2% of American neighborhoods. Demand for real estate in Blossom Hill Manor / Placer Oaks is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 get around.

People

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 1.0% of America's neighborhoods are wealthier than the Blossom Hill Manor / Placer Oaks 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.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Blossom Hill Manor / Placer Oaks neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Blossom Hill Manor / Placer Oaks neighborhood, where 38.1% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 96.4% of the neighborhoods in America.

Finally, the Blossom Hill Manor / Placer Oaks neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 91.7% 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 urban sophisticates.

Occupations

The Blossom Hill Manor / Placer Oaks neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.5% of the neighborhoods in America. In fact, 74.4% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Blossom Hill Manor / Placer Oaks neighborhood has more Armenian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Armenian ancestry and 2.2% have Iranian ancestry.

Blossom Hill Manor / Placer Oaks is also pretty special linguistically. Significantly, 1.7% 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 98.8% of the neighborhoods in America.

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 Blossom Hill Manor / Placer Oaks neighborhood in Los Gatos 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 99.0% of the neighborhoods in America. In addition, 2.1% 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 74.9% 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 Blossom Hill Manor / Placer Oaks neighborhood, 74.4% 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 11.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.7%), and 5.9% 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 Blossom Hill Manor / Placer Oaks neighborhood is English, spoken by 79.2% of households. Other important languages spoken here include Chinese and Spanish.

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 Blossom Hill Manor / Placer Oaks neighborhood in Los Gatos, CA, residents most commonly identify their ethnicity or ancestry as Asian (14.0%). There are also a number of people of Irish ancestry (12.0%), and residents who report German roots (11.8%), and some of the residents are also of English ancestry (8.9%), along with some Italian ancestry residents (7.6%), among others. In addition, 18.4% 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 Blossom Hill Manor / Placer Oaks neighborhood spend between 30 and 45 minutes commuting one-way to work (31.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (59.2%) 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 (12.7%) . 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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