Eastlake Shores / East Lake Village median real estate price is $1,373,626, which is more expensive than 86.8% of the neighborhoods in California and 97.1% of the neighborhoods in the U.S.
The average rental price in Eastlake Shores / East Lake Village is currently $6,419, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.7% of the neighborhoods in California.
Eastlake Shores / East Lake Village is an urban neighborhood (based on population density) located in Yorba Linda, California.
Eastlake Shores / East Lake Village real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Eastlake Shores / East Lake Village 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.
Real estate vacancies in Eastlake Shores / East Lake Village are 5.4%, which is lower than one will find in 65.7% of American neighborhoods. Demand for real estate in Eastlake Shores / East Lake Village is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Yorba Linda, the Eastlake Shores / East Lake Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One way that the Eastlake Shores / East Lake Village neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.9% 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, most neighborhoods are composed of a mixture of ages of homes, but the Eastlake Shores / East Lake Village stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 86.5% of the residential real estate here was built in this one time period.
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 Eastlake Shores / East Lake Village neighborhood is wealthier than 98.2% 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, according to NeighborhoodScout's exclusive analysis, Eastlake Shores / East Lake Village is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 97.2% 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 Eastlake Shores / East Lake Village neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students, highly educated executives and urban sophisticates.
Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.2% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Eastlake Shores / East Lake Village neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Did you know that the Eastlake Shores / East Lake Village neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.8% of this neighborhood's residents have Asian ancestry.
Eastlake Shores / East Lake Village is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.
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 Eastlake Shores / East Lake Village neighborhood in Yorba Linda 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 98.2% of the neighborhoods in America. In addition, 4.6% 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 66.5% of America'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 Eastlake Shores / East Lake Village neighborhood, 62.9% of the working population is employed in executive, management, and professional 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 20.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 5.2% in government jobs, whether they are in local, state, or federal positions.
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 Eastlake Shores / East Lake Village neighborhood is English, spoken by 66.3% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and Arabic.
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 Eastlake Shores / East Lake Village neighborhood in Yorba Linda, CA, residents most commonly identify their ethnicity or ancestry as Asian (32.8%). There are also a number of people of English ancestry (8.8%), and residents who report Mexican roots (7.5%), and some of the residents are also of Irish ancestry (5.9%), along with some Italian ancestry residents (5.9%), among others. In addition, 28.6% of the residents of this neighborhood were born in another country.
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 Eastlake Shores / East Lake Village neighborhood spend between 15 and 30 minutes commuting one-way to work (29.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.7%) 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 (11.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.