Palos Verdes Estates, CA (Margate Sq / Addison Rd)




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Margate Sq / Addison Rd

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640 Vital Statistics. 27 Condition Alerts found.

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Real Estate


44

Statistics

alerts 8 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

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Crimes alerts

Crimes


67

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alerts 6 Alerts

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Schools alerts

Schools


65

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alerts 6 Alerts

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328

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About Palos Verdes Estates, CA (Margate Sq / Addison Rd)


Real Estate Prices and Overview

Margate Sq / Addison Rd median real estate price is $2,073,087, which is more expensive than 97.9% of the neighborhoods in California and 99.7% of the neighborhoods in the U.S.

The average rental price in Margate Sq / Addison Rd is currently $3,851, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.7% of the neighborhoods in California.

Margate Sq / Addison Rd is a suburban neighborhood (based on population density) located in Palos Verdes Estates, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Margate Sq / Addison Rd real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Margate Sq / Addison Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Margate Sq / Addison Rd, the current vacancy rate is 3.8%, which is a lower rate of vacancies than 83.6% of all neighborhoods in the U.S. This means that the housing supply in Margate Sq / Addison Rd 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 Palos Verdes Estates, the Margate Sq / Addison Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Margate Sq / Addison Rd neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Margate Sq / Addison Rd is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, owner-occupied real estate dominates the Margate Sq / Addison Rd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.8% of neighborhoods in America.

Furthermore, one way that the Margate Sq / Addison Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Also of note, the Margate Sq / Addison Rd neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.3% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.4% of all neighborhoods in America.

Notable & Unique: People

According to NeighborhoodScout's exclusive analysis, Margate Sq / Addison Rd is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 99.8% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Margate Sq / Addison Rd neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and active retirees.

In addition, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Margate Sq / Addison Rd neighborhood is wealthier than 99.7% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 43.6% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.9% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Margate Sq / Addison Rd neighborhood may actually hold the key. 69.0% of its residents are married, which is a higher percentage than is found in 97.9% of the neighborhoods in America.

Notable & Unique: Diversity

Did you know that the Margate Sq / Addison Rd neighborhood has more Austrian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Austrian ancestry and 1.6% have Armenian ancestry.

Margate Sq / Addison Rd is also pretty special linguistically. Significantly, 6.5% 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 99.9% of the neighborhoods in America.

Notable & Unique: Occupations

Executives, managers and professionals make up 69.4% of the workforce in the Margate Sq / Addison Rd neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Margate Sq / Addison Rd neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 20.7% of the households here have four, five, or more cars. That is more cars per household than in 96.9% of the neighborhoods in the nation.

Notable & Unique: Modes of Transportation

Our research reveals that 93.4% of commuters who live in the Margate Sq / Addison Rd neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.0% of U.S. neighborhoods.


The Neighbors

The Neighbors: Income

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 Margate Sq / Addison Rd neighborhood in Palos Verdes Estates 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 99.7% of the neighborhoods in America. In addition, 1.5% 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 88.2% of America's neighborhoods.

The Neighbors: Occupations

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 Margate Sq / Addison Rd neighborhood, 69.4% 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 12.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.6%), and 5.1% in manufacturing and laborer occupations.

The Neighbors: Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Margate Sq / Addison Rd neighborhood in Palos Verdes Estates, CA, residents most commonly identify their ethnicity or ancestry as Asian (28.2%). There are also a number of people of English ancestry (11.1%), and residents who report Italian roots (10.8%), and some of the residents are also of Irish ancestry (8.6%), along with some German ancestry residents (7.3%), among others. In addition, 19.4% of the residents of this neighborhood were born in another country.

The Neighbors: 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 Margate Sq / Addison Rd neighborhood is English, spoken by 71.3% of households. Other important languages spoken here include South Asian languages, Japanese, Spanish and Hindi (which is the official language of India).

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 Margate Sq / Addison Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (34.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (93.4%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Neighborhood Real Estate Data

44 Vital Statistics. 8 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Palos Verdes Estates, CA (Margate Sq / Addison Rd) HOMES

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TYPE OF Palos Verdes Estates, CA (Margate Sq / Addison Rd) HOMES

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SIZE OF Palos Verdes Estates, CA (Margate Sq / Addison Rd) HOMES

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SIZE OF Palos Verdes Estates, CA (Margate Sq / Addison Rd) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 2 Condition Alerts found.

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One person households

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Race & Ethnic Diversity

 
Diversity Index

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More diverse than of U.S. neighborhoods.

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Ancestry (top 20)

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 6 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Margate Sq / Addison Rd 0.101011101001110
Palos Verdes Estates 0.101011101001110
California 4.26
My Chances of Becoming a Victim of a Violent Crime

1 in

in Margate Sq / Addison Rd

1 in

in Palos Verdes Estates

1 in 235

in California
Palos Verdes Estates VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Margate Sq / Addison Rd 0.101011101001110
Palos Verdes Estates 0.101011101001110
California 26.18
My Chances of Becoming a Victim of a Property Crime

1 in

in Margate Sq / Addison Rd

1 in

in Palos Verdes Estates

1 in 38

in California
Palos Verdes Estates Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Margate Sq / Addison Rd 0.101011101001110
Palos Verdes Estates 0.101011101001110
California 90

Neighborhood Public School Data

65 Vital Statistics. 6 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

PALOS VERDES PENINSULA UNIFIED


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to California

(10 is best)

Better than of CA school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
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