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Real Estate Prices & Overview

Serra Mesa South median real estate price is $1,219,708, which is more expensive than 78.5% of the neighborhoods in California and 95.4% of the neighborhoods in the U.S.

The average rental price in Serra Mesa South is currently $4,954, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.8% of the neighborhoods in California.

Serra Mesa South is an urban neighborhood (based on population density) located in San Diego, California.

Serra Mesa South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Serra Mesa South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Serra Mesa South are 3.9%, which is lower than one will find in 74.0% of American neighborhoods. Demand for real estate in Serra Mesa South 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Serra Mesa South neighborhood's real estate landscape than 98.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 85.0% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

NeighborhoodScout's analysis shows that the Serra Mesa South neighborhood has a greater concentration of residents currently enrolled in college than 95.6% of the neighborhoods in the U.S. With 11.6% of the population here attending college, this is very much a college-focused neighborhood.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Serra Mesa South neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.4% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives and young, single professionals.

Occupations

The Serra Mesa South neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.4% of the neighborhoods in America. In fact, 69.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Serra Mesa South neighborhood has more Arab and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Arab ancestry and 0.9% have Romanian ancestry.

Serra Mesa South is also pretty special linguistically. Significantly, 7.0% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.1% 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 Serra Mesa South neighborhood in San Diego are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.1% of the neighborhoods in America. In addition, 4.9% 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 64.9% 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 Serra Mesa South neighborhood, 69.8% 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 16.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.1%), and 7.2% in government jobs, whether they are in local, state, or federal positions.

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 Serra Mesa South neighborhood is English, spoken by 67.3% of households. Other important languages spoken here include Arabic, Spanish, French and Vietnamese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Serra Mesa South neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Asian (19.8%). There are also a number of people of Irish ancestry (12.4%), and residents who report Mexican roots (9.7%), and some of the residents are also of Arab ancestry (8.2%), along with some Italian ancestry residents (7.2%), among others. In addition, 24.8% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Serra Mesa South neighborhood spend between 15 and 30 minutes commuting one-way to work (55.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
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Schools include:
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