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Real Estate Prices & Overview

Monterey Hwy / Cll Aloudra median real estate price is $726,131, which is more expensive than 43.0% of the neighborhoods in California and 66.0% of the neighborhoods in the U.S.

The average rental price in Monterey Hwy / Cll Aloudra is currently $2,801, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.7% of California neighborhoods.

Monterey Hwy / Cll Aloudra is a densely urban neighborhood (based on population density) located in San Jose, California.

Monterey Hwy / Cll Aloudra real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Monterey Hwy / Cll Aloudra neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Monterey Hwy / Cll Aloudra, 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 Monterey Hwy / Cll Aloudra is very tight compared to the demand for property here.

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

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 Monterey Hwy / Cll Aloudra 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.

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. What is interesting to note, is that the Monterey Hwy / Cll Aloudra neighborhood has a greater percentage of residents born in another country (46.0%) than are found in 96.5% of all U.S. neighborhoods.

Diversity

Did you know that the Monterey Hwy / Cll Aloudra neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.5% of this neighborhood's residents have Asian ancestry.

Monterey Hwy / Cll Aloudra is also pretty special linguistically. Significantly, 21.7% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.9% 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 Monterey Hwy / Cll Aloudra neighborhood in San Jose are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.9% of U.S. neighborhoods. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.2% of U.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 Monterey Hwy / Cll Aloudra neighborhood, 34.1% 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 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.3%), and 14.3% in executive, management, and professional 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 Monterey Hwy / Cll Aloudra neighborhood is Spanish, spoken by 48.8% of households. Other important languages spoken here include English, Vietnamese and Chinese.

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 Monterey Hwy / Cll Aloudra neighborhood in San Jose, CA, residents most commonly identify their ethnicity or ancestry as Mexican (52.5%). There are also a number of people of Asian ancestry (27.5%), and residents who report English roots (1.9%), and some of the residents are also of Irish ancestry (1.5%), along with some Italian ancestry residents (1.4%), among others. In addition, 46.0% 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 Monterey Hwy / Cll Aloudra neighborhood spend between 30 and 45 minutes commuting one-way to work (37.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (71.8%) 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 (17.9%) . 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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