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Real Estate Prices & Overview

Palm City median real estate price is $564,338, which is more expensive than 29.5% of the neighborhoods in California and 64.4% of the neighborhoods in the U.S.

The average rental price in Palm City is currently $3,306, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.3% of California neighborhoods.

Palm City is an urban neighborhood (based on population density) located in San Diego, California.

Palm City 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 occupied by a mixture of owners and renters. Many of the residences in the Palm City neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.4% in Palm City. NeighborhoodScout analysis shows that this rate is lower than 57.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 San Diego, the Palm City neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Palm City neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.6% 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.

People

NeighborhoodScout's analysis shows that the Palm City neighborhood has a greater concentration of residents currently enrolled in college than 96.0% of the neighborhoods in the U.S. With 12.3% of the population here attending college, this is very much a college-focused neighborhood.

Diversity

Did you know that the Palm City neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.7% of this neighborhood's residents have Mexican ancestry.

Palm City is also pretty special linguistically. Significantly, 7.3% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.0% 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 Palm City neighborhood in San Diego are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.4% of U.S. neighborhoods. In addition, 2.1% 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 74.9% 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 Palm City neighborhood, 35.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.7%), and 13.2% in clerical, assistant, and tech support occupations.

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 Palm City neighborhood is Spanish, spoken by 62.1% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

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 Palm City neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Mexican (66.7%). There are also a number of people of Asian ancestry (10.3%), and residents who report German roots (3.7%), and some of the residents are also of Norwegian ancestry (1.4%). In addition, 35.3% 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 Palm City neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.6%) 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 (15.6%) . 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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