President Heights / Palacio Del Mar median real estate price is $1,299,381, which is more expensive than 79.0% of the neighborhoods in California and 95.1% of the neighborhoods in the U.S.
The average rental price in President Heights / Palacio Del Mar is currently $3,847, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.6% of the neighborhoods in California.
President Heights / Palacio Del Mar is a suburban neighborhood (based on population density) located in San Clemente, California.
President Heights / Palacio Del Mar real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the President Heights / Palacio Del Mar neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
President Heights / Palacio Del Mar has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
In a nation where 1 out of every 4 children lives in poverty, the President Heights / Palacio Del Mar neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're planning where to retire, the President Heights / Palacio Del Mar neighborhood in San Clemente 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 88.2% of the neighborhoods in California. If you are considering retiring to California, this is a good neighborhood to look at.
Did you know that the President Heights / Palacio Del Mar neighborhood has more Canadian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Canadian ancestry and 0.9% have Iranian ancestry.
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 President Heights / Palacio Del Mar neighborhood in San Clemente are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the President Heights / Palacio Del Mar neighborhood, 48.3% 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 20.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.2%), and 11.2% in clerical, assistant, and tech support occupations.
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 President Heights / Palacio Del Mar neighborhood is English, spoken by 82.2% of households. Other important languages spoken here include Spanish and Polish.
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 President Heights / Palacio Del Mar neighborhood in San Clemente, CA, residents most commonly identify their ethnicity or ancestry as Mexican (22.4%). There are also a number of people of German ancestry (20.2%), and residents who report Irish roots (10.2%), and some of the residents are also of English ancestry (7.4%), along with some French ancestry residents (5.1%), among others.
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 President Heights / Palacio Del Mar neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.8%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.