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Real Estate Prices & Overview

Walnut Northwest median real estate price is $1,790,313, which is more expensive than 93.1% of the neighborhoods in California and 98.5% of the neighborhoods in the U.S.

The average rental price in Walnut Northwest is currently $3,922, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.3% of the neighborhoods in California.

Walnut Northwest is a suburban neighborhood (based on population density) located in Walnut, California.

Walnut Northwest real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Walnut Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Walnut Northwest has a 16.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

One way that the Walnut Northwest neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, the Walnut Northwest neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.5% of all neighborhoods in America.

Furthermore, owner-occupied real estate dominates the Walnut Northwest neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.2% of neighborhoods in America.

People

According to NeighborhoodScout's exclusive analysis, Walnut Northwest is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 97.8% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Walnut Northwest neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and active retirees.

In addition, 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 Walnut Northwest neighborhood is wealthier than 96.2% 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.

Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 72.6% of the adults living in the Walnut Northwest neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Walnut Northwest neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.4% of the households here have four, five, or more cars. That is more cars per household than in 95.3% of the neighborhoods in the nation.

Diversity

Did you know that the Walnut Northwest neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.9% of this neighborhood's residents have Asian ancestry.

Walnut Northwest is also pretty special linguistically. Significantly, 60.7% 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.

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 Walnut Northwest neighborhood has a greater percentage of residents born in another country (61.7%) than are found in 99.3% 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 Walnut Northwest neighborhood in Walnut are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.2% of the neighborhoods in America. With 11.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Walnut Northwest neighborhood, 61.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.9%), and 7.9% in manufacturing and laborer 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 Walnut Northwest neighborhood is Chinese, spoken by 60.7% of households. Other important languages spoken here include English, Spanish and Korean.

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 Walnut Northwest neighborhood in Walnut, CA, residents most commonly identify their ethnicity or ancestry as Asian (77.9%). There are also a number of people of Mexican ancestry (10.6%), and residents who report Arab roots (2.5%). In addition, 61.7% 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 Walnut Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.1%) 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 (7.0%) . 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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