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Real Estate Prices & Overview

North Industrial Perris / Golden Valley Farms median real estate price is $617,153, which is less expensive than 68.9% of California neighborhoods and 21.7% of all U.S. neighborhoods.

The average rental price in North Industrial Perris / Golden Valley Farms is currently $2,394, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.0% of California neighborhoods.

North Industrial Perris / Golden Valley Farms is a rural neighborhood (based on population density) located in Perris, California.

North Industrial Perris / Golden Valley Farms real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the North Industrial Perris / Golden Valley Farms neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In North Industrial Perris / Golden Valley Farms, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in North Industrial Perris / Golden Valley Farms 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 Perris, the North Industrial Perris / Golden Valley Farms neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the North Industrial Perris / Golden Valley Farms neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the North Industrial Perris / Golden Valley Farms neighborhood. A whopping 74.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.6% of the neighborhoods in the U.S. Everything here just feels new.

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 North Industrial Perris / Golden Valley Farms neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 44.0% of the households here have four, five, or more cars. That is more cars per household than in 99.0% of the neighborhoods in the nation.

Modes of Transportation

Our research shows that more people carpool to work here in the North Industrial Perris / Golden Valley Farms (24.9%) than in 97.0% of the neighborhoods in America.

Diversity

Did you know that the North Industrial Perris / Golden Valley Farms neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 56.1% of this neighborhood's residents have Mexican ancestry.

North Industrial Perris / Golden Valley Farms is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

The Neighbors

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 North Industrial Perris / Golden Valley Farms neighborhood in Perris are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.0% of the neighborhoods in America. With 23.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.7% 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 North Industrial Perris / Golden Valley Farms neighborhood, 39.1% of the working population is employed in manufacturing and laborer 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 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.1%), and 17.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the North Industrial Perris / Golden Valley Farms neighborhood is Spanish, spoken by 55.2% of households. Some people also speak English (40.4%).

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 North Industrial Perris / Golden Valley Farms neighborhood in Perris, CA, residents most commonly identify their ethnicity or ancestry as Mexican (56.1%). There are also a number of people of English ancestry (7.1%), and residents who report Asian roots (6.3%), and some of the residents are also of German ancestry (3.8%), along with some South American ancestry residents (1.1%), among others. In addition, 31.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 North Industrial Perris / Golden Valley Farms neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.0%) 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 (24.9%) . 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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