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Real Estate Prices & Overview

Spreckels median real estate price is $822,981, which is more expensive than 56.6% of the neighborhoods in California and 89.2% of the neighborhoods in the U.S.

The average rental price in Spreckels is currently $3,253, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.8% of California neighborhoods.

Spreckels is a suburban neighborhood (based on population density) located in Salinas, California.

Spreckels 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 Spreckels neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Spreckels, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 83.5% of all neighborhoods in the U.S. This means that the housing supply in Spreckels 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 Salinas, the Spreckels neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're planning where to retire, the Spreckels neighborhood in Salinas 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 88.8% of the neighborhoods in California. If you are considering retiring to California, this is a good neighborhood to look at.

Diversity

Did you know that the Spreckels neighborhood has more Swiss and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Swiss ancestry and 2.1% have Portuguese ancestry.

Spreckels is also pretty special linguistically. Significantly, 1.7% 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 98.7% 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 Spreckels neighborhood in Salinas are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.7% of the neighborhoods in America. With 14.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.3% 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 Spreckels neighborhood, 44.2% 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 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.8%), and 11.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Spreckels neighborhood is English, spoken by 66.4% of households. Some people also speak Spanish (28.1%).

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 Spreckels neighborhood in Salinas, CA, residents most commonly identify their ethnicity or ancestry as Mexican (40.9%). There are also a number of people of Asian ancestry (9.9%), and residents who report Irish roots (8.9%), and some of the residents are also of English ancestry (8.9%), along with some German ancestry residents (8.3%), among others. In addition, 13.7% 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 Spreckels neighborhood spend under 15 minutes commuting one-way to work (42.1% of working residents), one of the shortest commutes across America.

Here most residents (85.0%) 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 (7.1%) . 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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