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Real Estate Prices & Overview

W Olive Ave / S Cottage St median real estate price is $376,193, which is less expensive than 89.5% of California neighborhoods and 46.0% of all U.S. neighborhoods.

The average rental price in W Olive Ave / S Cottage St is currently $1,644, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.8% of California neighborhoods.

W Olive Ave / S Cottage St is an urban neighborhood (based on population density) located in Porterville, California.

W Olive Ave / S Cottage St 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 W Olive Ave / S Cottage St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in W Olive Ave / S Cottage St are 4.5%, which is lower than one will find in 69.8% of American neighborhoods. Demand for real estate in W Olive Ave / S Cottage St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Porterville, the W Olive Ave / S Cottage St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the W Olive Ave / S Cottage St neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 99.6% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Modes of Transportation

Our research shows that more people carpool to work here in the W Olive Ave / S Cottage St (32.7%) than in 99.3% of the neighborhoods in America.

Diversity

Did you know that the W Olive Ave / S Cottage St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 84.9% of this neighborhood's residents have Mexican ancestry.

W Olive Ave / S Cottage St is also pretty special linguistically. Significantly, 57.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.2% of all U.S. neighborhoods.

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 W Olive Ave / S Cottage St neighborhood in Porterville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.7% of U.S. neighborhoods. With 29.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.2% 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 W Olive Ave / S Cottage St neighborhood, 26.7% 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 26.0% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (18.8%), and 16.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the W Olive Ave / S Cottage St neighborhood is Spanish, spoken by 57.3% of households. Some people also speak English (41.3%).

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 W Olive Ave / S Cottage St neighborhood in Porterville, CA, residents most commonly identify their ethnicity or ancestry as Mexican (84.9%). There are also a number of people of Irish ancestry (4.3%), and residents who report German roots (4.1%), and some of the residents are also of Arab ancestry (2.1%), along with some Native American ancestry residents (1.6%), among others. In addition, 27.9% 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 W Olive Ave / S Cottage St neighborhood spend under 15 minutes commuting one-way to work (44.4% of working residents), one of the shortest commutes across America.

Here most residents (56.7%) 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 (32.7%) and 8.4% of residents also hop out the door and walk to work 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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