Palmia / Pinecrest median real estate price is $945,819, which is more expensive than 68.7% of the neighborhoods in California and 92.7% of the neighborhoods in the U.S.
The average rental price in Palmia / Pinecrest is currently $4,864, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.1% of the neighborhoods in California.
Palmia / Pinecrest is an urban neighborhood (based on population density) located in Mission Viejo, California.
Palmia / Pinecrest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Palmia / Pinecrest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.6% in Palmia / Pinecrest. NeighborhoodScout analysis shows that this rate is lower than 57.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
One of the really interesting characteristics about the Palmia / Pinecrest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of California. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children, urban sophisticates and active retirees.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Palmia / Pinecrest 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.
Most neighborhoods are composed of a mixture of ages of homes, but the Palmia / Pinecrest 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, 93.0% of the residential real estate here was built in this one time period.
In addition, owner-occupied real estate dominates the Palmia / Pinecrest neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.8% of neighborhoods in America.
Did you know that the Palmia / Pinecrest neighborhood has more Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Iranian ancestry.
Palmia / Pinecrest is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 Palmia / Pinecrest neighborhood in Mission Viejo 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 94.1% of the neighborhoods in America. In addition, 7.9% 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 56.7% 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 Palmia / Pinecrest neighborhood, 55.8% 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 21.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.3%), and 10.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Palmia / Pinecrest neighborhood is English, spoken by 80.7% of households. Some people also speak Spanish (8.5%).
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 Palmia / Pinecrest neighborhood in Mission Viejo, CA, residents most commonly identify their ethnicity or ancestry as Irish (18.8%). There are also a number of people of German ancestry (14.2%), and residents who report English roots (12.7%), and some of the residents are also of Asian ancestry (12.4%), along with some Mexican ancestry residents (12.1%), among others. In addition, 13.5% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Palmia / Pinecrest neighborhood spend between 15 and 30 minutes commuting one-way to work (33.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.2%) 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 (13.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.