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Real Estate Prices & Overview

Historic Downtown Martinez / Downtown Martinez median real estate price is $650,804, which is more expensive than 34.0% of the neighborhoods in California and 80.2% of the neighborhoods in the U.S.

The average rental price in Historic Downtown Martinez / Downtown Martinez is currently $2,302, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.1% of California neighborhoods.

Historic Downtown Martinez / Downtown Martinez is a suburban neighborhood (based on population density) located in Martinez, California.

Historic Downtown Martinez / Downtown Martinez real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Historic Downtown Martinez / Downtown Martinez neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In Historic Downtown Martinez / Downtown Martinez, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 88.1% of all neighborhoods in the U.S. This means that the housing supply in Historic Downtown Martinez / Downtown Martinez is very tight compared to the demand for property here.

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

In a nation where 1 out of every 4 children lives in poverty, the Historic Downtown Martinez / Downtown Martinez neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, an interesting characteristic about the Historic Downtown Martinez / Downtown Martinez neighborhood is that there are more incarcerated people living here than 99.5% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Modes of Transportation

While most Americans do drive to work alone each day, the Historic Downtown Martinez / Downtown Martinez neighborhood stands out by having 90.6% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 97.1% of all American neighborhoods.

Real Estate

The Historic Downtown Martinez / Downtown Martinez neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Historic Downtown Martinez / Downtown Martinez neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.9% of all neighborhoods in America.

Diversity

Did you know that the Historic Downtown Martinez / Downtown Martinez neighborhood has more British and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have British ancestry and 6.7% have Norwegian ancestry.

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 Historic Downtown Martinez / Downtown Martinez neighborhood in Martinez are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.9% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Historic Downtown Martinez / Downtown Martinez neighborhood, 44.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.5%), and 16.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Historic Downtown Martinez / Downtown Martinez neighborhood is English, spoken by 82.7% of households. Other important languages spoken here include Spanish and Italian.

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 Historic Downtown Martinez / Downtown Martinez neighborhood in Martinez, CA, residents most commonly identify their ethnicity or ancestry as Irish (15.3%). There are also a number of people of Mexican ancestry (10.5%), and residents who report English roots (8.4%), and some of the residents are also of German ancestry (7.1%), along with some Norwegian ancestry residents (6.7%), among others.

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 Historic Downtown Martinez / Downtown Martinez neighborhood spend under 15 minutes commuting one-way to work (36.4% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (10.5%) who commute over an hour in each direction.

Here most residents (90.6%) drive alone in a private automobile to get to work. 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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