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Real Estate Prices & Overview

Chinatown median real estate price is $351,730, which is less expensive than 92.5% of California neighborhoods and 52.6% of all U.S. neighborhoods.

The average rental price in Chinatown is currently $1,930, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.1% of California neighborhoods.

Chinatown is an urban neighborhood (based on population density) located in Fresno, California.

Chinatown real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Chinatown neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Chinatown are 4.6%, which is lower than one will find in 69.3% of American neighborhoods. Demand for real estate in Chinatown 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 Fresno, the Chinatown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Chinatown (35.8%) than in 99.6% of the neighborhoods in America.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Chinatown 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 99.5% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Furthermore, more people work in manufacturing and as laborers here in the Chinatown neighborhood than in 96.4% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Chinatown neighborhood has more single mother households than 98.5% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, the Chinatown neighborhood has a greater percentage of children living in poverty (67.4%) than found in 98.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Diversity

Did you know that the Chinatown neighborhood has more Haitian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Haitian ancestry and 63.4% have Mexican ancestry.

Chinatown is also pretty special linguistically. Significantly, 57.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.2% 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 Chinatown neighborhood in Fresno are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.0% of U.S. neighborhoods. With 67.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.2% 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 Chinatown neighborhood, 43.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 15.9% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (15.6%), and 12.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chinatown neighborhood is Spanish, spoken by 57.2% of households. Some people also speak English (39.5%).

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 Chinatown neighborhood in Fresno, CA, residents most commonly identify their ethnicity or ancestry as Mexican (63.4%). There are also a number of people of Asian ancestry (3.0%), and residents who report Haitian roots (2.8%), and some of the residents are also of German ancestry (1.3%). In addition, 19.4% 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 Chinatown neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.5%) 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 (35.8%) . 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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