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Real Estate Prices & Overview

Lake Nacimiento median real estate price is $611,429, which is less expensive than 69.4% of California neighborhoods and 23.4% of all U.S. neighborhoods.

The average rental price in Lake Nacimiento is currently $2,824, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.8% of California neighborhoods.

Lake Nacimiento is a remote neighborhood (based on population density) located in Paso Robles, California.

Lake Nacimiento real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Nacimiento neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Lake Nacimiento. The current real estate vacancy rate here is 51.6%. This is higher than the rate of vacancies in 98.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (48.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Occupations

The Lake Nacimiento neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Modes of Transportation

More people in Lake Nacimiento choose to walk to work each day (30.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 51.6% of the residential real estate vacant, the Lake Nacimiento neighborhood claims the distinction of having a higher vacancy rate than 98.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 18 residents per square mile, Lake Nacimiento is less crowded than 95.2% of all U.S. neighborhoods.

People

If you're planning where to retire, the Lake Nacimiento neighborhood in Paso Robles is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in CA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.5% of the neighborhoods in California. If you are considering retiring to California, this is a good neighborhood to look at.

Diversity

Significantly, 7.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.

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 Lake Nacimiento neighborhood in Paso Robles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.6% of the neighborhoods in America. In addition, 5.3% 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 63.5% 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 Lake Nacimiento neighborhood, 37.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 11.9% in the military.

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 Lake Nacimiento neighborhood is English, spoken by 96.0% of households. Other important languages spoken here include Italian, Spanish and Polish.

Ethnicity / Ancestry

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 Lake Nacimiento neighborhood in Paso Robles, CA, residents most commonly identify their ethnicity or ancestry as German (22.2%). There are also a number of people of Italian ancestry (13.6%), and residents who report English roots (12.6%), and some of the residents are also of Irish ancestry (11.4%), along with some Mexican ancestry residents (10.1%), among others.

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 Lake Nacimiento neighborhood spend between 15 and 30 minutes commuting one-way to work (30.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (30.3%) and 5.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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