Big Canyon median real estate price is $3,635,317, which is more expensive than 98.8% of the neighborhoods in California and 99.8% of the neighborhoods in the U.S.
The average rental price in Big Canyon is currently $5,048, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.5% of the neighborhoods in California.
Big Canyon is a suburban neighborhood (based on population density) located in Newport Beach, California.
Big Canyon real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Big Canyon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Big Canyon has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.0% 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.
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.
If you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Big Canyon may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.7% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, the rate of college educated adults in the Big Canyon neighborhood is a unique characteristic of the neighborhood. 76.3% 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 96.7% of all U.S. neighborhoods.
Also, with more than 1.6% of residents living with a same sex partner, Big Canyon is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.1% of U.S. neighborhoods.
The Big Canyon neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.5% of the neighborhoods in America. In fact, 69.2% 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.
Did you know that the Big Canyon neighborhood has more Finnish and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Finnish ancestry and 1.8% have Iranian ancestry.
Big Canyon is also pretty special linguistically. Significantly, 1.5% 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 98.6% of the neighborhoods in America.
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 Big Canyon neighborhood in Newport Beach 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 94.7% of the neighborhoods in America. With 26.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.6% of U.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 Big Canyon neighborhood, 69.2% 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 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.8%), and 2.7% in manufacturing and laborer occupations.
The most common language spoken in the Big Canyon neighborhood is English, spoken by 79.6% of households. Some people also speak Spanish (7.0%).
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 Big Canyon neighborhood in Newport Beach, CA, residents most commonly identify their ethnicity or ancestry as English (13.7%). There are also a number of people of Irish ancestry (13.0%), and residents who report German roots (11.7%), and some of the residents are also of Asian ancestry (10.7%), along with some Italian ancestry residents (7.5%), among others. In addition, 17.3% of the residents of this neighborhood were born in another country.
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 Big Canyon neighborhood spend under 15 minutes commuting one-way to work (43.7% of working residents), one of the shortest commutes across America.
Here most residents (75.6%) 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.