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Real Estate Prices & Overview

5th St E / E Ave R 8 median real estate price is $483,961, which is less expensive than 81.1% of California neighborhoods and 32.3% of all U.S. neighborhoods.

The average rental price in 5th St E / E Ave R 8 is currently $2,746, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.0% of California neighborhoods.

5th St E / E Ave R 8 is a suburban neighborhood (based on population density) located in Palmdale, California.

5th St E / E Ave R 8 real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 5th St E / E Ave R 8 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In 5th St E / E Ave R 8, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.8% of all neighborhoods in the U.S. This means that the housing supply in 5th St E / E Ave R 8 is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Palmdale, the 5th St E / E Ave R 8 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 5th St E / E Ave R 8 neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 5th St E / E Ave R 8 neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 23.5% 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 99.8% of all neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 5th St E / E Ave R 8 neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.2% of the households here have four, five, or more cars. That is more cars per household than in 95.0% of the neighborhoods in the nation.

Diversity

Did you know that the 5th St E / E Ave R 8 neighborhood has more Native American and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Native American ancestry and 3.3% have Haitian 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 5th St E / E Ave R 8 neighborhood in Palmdale are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.0% of the neighborhoods in America. With 30.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.2% of U.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 5th St E / E Ave R 8 neighborhood, 27.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.9%), and 22.7% in executive, management, and professional 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 5th St E / E Ave R 8 neighborhood is Spanish, spoken by 49.7% of households. Other important languages spoken here include English and French.

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 5th St E / E Ave R 8 neighborhood in Palmdale, CA, residents most commonly identify their ethnicity or ancestry as Mexican (38.6%). There are also a number of people of Asian ancestry (6.8%), and residents who report German roots (5.4%), and some of the residents are also of English ancestry (4.1%), along with some Irish ancestry residents (4.1%), among others. In addition, 23.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 5th St E / E Ave R 8 neighborhood spend between 45 minutes and one hour commuting one-way to work (31.8% of working residents), longer and tougher than most commutes in America.

Here most residents (72.5%) 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 (17.9%) . 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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