Aspen Valley / Colfax Spring median real estate price is $470,120, which is less expensive than 85.1% of California neighborhoods and 39.0% of all U.S. neighborhoods.
The average rental price in Aspen Valley / Colfax Spring is currently $2,706, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.0% of California neighborhoods.
Aspen Valley / Colfax Spring is a remote neighborhood (based on population density) located in Groveland, California.
Aspen Valley / Colfax Spring real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Aspen Valley / Colfax Spring 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.
Vacant apartments or homes are a major fact of life in Aspen Valley / Colfax Spring. The current real estate vacancy rate here is 58.4%. This is higher than the rate of vacancies in 99.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (47.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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.
In a nation where 1 out of every 4 children lives in poverty, the Aspen Valley / Colfax Spring neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Aspen Valley / Colfax Spring may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.5% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit.
Despite all of the residential real estate here in the Aspen Valley / Colfax Spring neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 58.4%, which is higher than 99.3% of all U.S. neighborhoods.
In addition, unpopulated, and rural, the Aspen Valley / Colfax Spring neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 98.9% of the neighborhoods in America.
A unique way of commuting is simply not to. And in the Aspen Valley / Colfax Spring neighborhood, analysis shows that 31.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Did you know that the Aspen Valley / Colfax Spring neighborhood has more Austrian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Austrian ancestry and 3.8% have Dutch ancestry.
Aspen Valley / Colfax Spring is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.
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 Aspen Valley / Colfax Spring neighborhood in Groveland are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Aspen Valley / Colfax Spring neighborhood, 43.4% 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 36.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 9.6% in manufacturing and laborer occupations.
The most common language spoken in the Aspen Valley / Colfax Spring neighborhood is English, spoken by 85.5% of households. Some people also speak Spanish (10.8%).
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 Aspen Valley / Colfax Spring neighborhood in Groveland, CA, residents most commonly identify their ethnicity or ancestry as German (20.6%). There are also a number of people of Irish ancestry (15.3%), and residents who report Italian roots (13.8%), and some of the residents are also of English ancestry (12.7%), along with some Mexican ancestry residents (10.7%), among others. In addition, 10.0% of the residents of this neighborhood were born in another country.
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 Aspen Valley / Colfax Spring neighborhood spend under 15 minutes commuting one-way to work (50.8% of working residents), one of the shortest commutes across America.
Here most residents (61.9%) 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 (5.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.