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Real Estate Prices & Overview

Broadmoor Arms median real estate price is $825,483, which is more expensive than 46.8% of the neighborhoods in California and 85.3% of the neighborhoods in the U.S.

The average rental price in Broadmoor Arms is currently $3,051, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.2% of California neighborhoods.

Broadmoor Arms is a densely urban neighborhood (based on population density) located in Anaheim, California.

Broadmoor Arms 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 Broadmoor Arms neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Broadmoor Arms are 5.3%, which is lower than one will find in 64.2% of American neighborhoods. Demand for real estate in Broadmoor Arms 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.

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 Anaheim, the Broadmoor Arms neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Broadmoor Arms neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.9% of the households here have four, five, or more cars. That is more cars per household than in 95.5% of the neighborhoods in the nation.

People

With a nice mix of college students, safety from crime, and decent walkability, the Broadmoor Arms neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.4% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Broadmoor Arms neighborhood has more Romanian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Romanian ancestry and 27.9% have Asian ancestry.

Broadmoor Arms is also pretty special linguistically. Significantly, 16.2% 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 99.7% 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 Broadmoor Arms neighborhood in Anaheim are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.8% of the neighborhoods in America. With 46.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.7% 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 Broadmoor Arms neighborhood, 33.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.2%), and 19.0% in clerical, assistant, and tech support 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 Broadmoor Arms neighborhood is English, spoken by 37.2% of households. Other important languages spoken here include Spanish, Vietnamese, Arabic and Tagalog (the first language of the Philippine region).

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 Broadmoor Arms neighborhood in Anaheim, CA, residents most commonly identify their ethnicity or ancestry as Mexican (33.7%). There are also a number of people of Asian ancestry (27.9%), and residents who report English roots (2.7%), and some of the residents are also of Romanian ancestry (2.5%), along with some Arab ancestry residents (2.3%), among others. In addition, 39.5% 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 Broadmoor Arms neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.6%) 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 (13.2%) . 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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