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Real Estate Prices & Overview

McLaren Park North median real estate price is $1,102,900, which is more expensive than 65.8% of the neighborhoods in California and 92.2% of the neighborhoods in the U.S.

The average rental price in McLaren Park North is currently $513, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 100.0% of California neighborhoods.

McLaren Park North is a rural neighborhood (based on population density) located in San Francisco, California.

McLaren Park North 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 mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the McLaren Park North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In McLaren Park North, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in McLaren Park North 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 San Francisco, the McLaren Park North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the McLaren Park North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the McLaren Park North neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, one of the really unique and interesting things about the look and setting of the McLaren Park North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.3% of all neighborhoods in America.

Furthermore, the McLaren Park North neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the McLaren Park North neighborhood. A whopping 74.8% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.4% of the neighborhoods in the U.S. Everything here just feels new.

People

One of the unique characteristics of the McLaren Park North neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.9% of the neighborhoods in America. In a nation where 1 out of every 4 children lives in poverty, the McLaren Park North neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's exclusive research revealed that 100.0% of the adult residents in the McLaren Park North neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 100.0% of the neighborhoods in America.

Also, one of the most interesting things about the McLaren Park North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 82.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 100.0% of the neighborhoods in America.

Modes of Transportation

In the McLaren Park North neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 44.4% of residents here. This is a higher proportion of walking commuters than we found in 99.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Occupations

More people work in manufacturing and as laborers here in the McLaren Park North neighborhood than in 99.6% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the McLaren Park North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.5% of all American neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the McLaren Park North neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the McLaren Park North neighborhood has a greater percentage of residents born in another country (94.2%) than are found in 100.0% of all U.S. neighborhoods.

Diversity

Did you know that the McLaren Park North neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 100.0% of this neighborhood's residents have Asian ancestry.

McLaren Park North is also pretty special linguistically. Significantly, 83.2% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

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 McLaren Park North neighborhood in San Francisco are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. 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 McLaren Park North neighborhood, 55.6% 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 44.4% of the residents employed.

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 McLaren Park North neighborhood is Chinese, spoken by 83.2% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), English and Vietnamese.

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 McLaren Park North neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (100.0%). In addition, 94.2% 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 McLaren Park North neighborhood spend between 30 and 45 minutes commuting one-way to work (55.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (44.4%) . 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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