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Real Estate Prices & Overview

Madonna Vista / Monterey Terrace median real estate price is $942,259, which is more expensive than 62.2% of the neighborhoods in California and 90.9% of the neighborhoods in the U.S.

The average rental price in Madonna Vista / Monterey Terrace is currently $3,889, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.1% of the neighborhoods in California.

Madonna Vista / Monterey Terrace is an urban neighborhood (based on population density) located in Watsonville, California.

Madonna Vista / Monterey Terrace real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Madonna Vista / Monterey Terrace 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.

In Madonna Vista / Monterey Terrace, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in Madonna Vista / Monterey Terrace 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 Watsonville, the Madonna Vista / Monterey Terrace neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Madonna Vista / Monterey Terrace neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 97.7% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Madonna Vista / Monterey Terrace neighborhood has more Mexican and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.3% of this neighborhood's residents have Mexican ancestry and 4.1% have Portuguese ancestry.

Madonna Vista / Monterey Terrace is also pretty special linguistically. Significantly, 68.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.2% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Madonna Vista / Monterey Terrace neighborhood in Watsonville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.5% of the neighborhoods in America. With 33.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.2% of U.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 Madonna Vista / Monterey Terrace neighborhood, 32.1% 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 28.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Madonna Vista / Monterey Terrace neighborhood is Spanish, spoken by 68.7% of households. Some people also speak English (28.8%).

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 Madonna Vista / Monterey Terrace neighborhood in Watsonville, CA, residents most commonly identify their ethnicity or ancestry as Mexican (81.3%). There are also a number of people of German ancestry (6.2%), and residents who report Portuguese roots (4.1%), and some of the residents are also of Norwegian ancestry (2.2%), along with some English ancestry residents (1.9%), among others. In addition, 32.0% 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 Madonna Vista / Monterey Terrace neighborhood spend under 15 minutes commuting one-way to work (35.3% of working residents), one of the shortest commutes across America.

Here most residents (83.1%) 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 (14.5%) . 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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