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 Jose,
the N Capitol Ave / Ohlone Dr neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the N Capitol Ave / Ohlone Dr neighborhood has more
Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 63.7% of
this neighborhood's residents have Asian ancestry.
N Capitol Ave / Ohlone Dr is also pretty special linguistically. Significantly, 20.0% 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 99.9% of the neighborhoods in America.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the N Capitol Ave / Ohlone Dr neighborhood buck
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 32.9% of the households here have four, five,
or more cars. That is more cars per household than in 99.5% of
the neighborhoods in the nation.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
What is interesting to note, is that the N Capitol Ave / Ohlone Dr
neighborhood has a greater percentage of residents born in another country
(54.4%) than are found in 98.6% of all U.S. neighborhoods.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the N Capitol Ave / Ohlone Dr neighborhood is wealthier than 95.2%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
In addition, if you are an executive or professional seeking a neighborhood affording
an executive lifestyle, or just wanting to find where other executives
live in the area, the N Capitol Ave / Ohlone Dr neighborhood should be
on your list. It has an enviable mix of spacious homes, relatively stable
real estate values, and residents that include a number of wealthy
executives, managers, and professionals. NeighborhoodScout's exclusive
analysis places it as one of the top 11.8% executive lifestyle
neighborhoods in the state of California.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.6%, the N Capitol Ave / Ohlone Dr neighborhood has a lower vacancy rate than 96.2% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.