Solano At Altair / Celestial At Altair median real estate price is $1,669,247, which is more expensive than 77.6% of the neighborhoods in California and 95.1% of the neighborhoods in the U.S.
The average rental price in Solano At Altair / Celestial At Altair is currently $4,932, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.6% of the neighborhoods in California.
Solano At Altair / Celestial At Altair is a suburban neighborhood (based on population density) located in Irvine, California.
Solano At Altair / Celestial At Altair real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Solano At Altair / Celestial At Altair neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Solano At Altair / Celestial At Altair has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Solano At Altair / Celestial At Altair neighborhood. A whopping 96.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
A majority of the adults in the Solano At Altair / Celestial At Altair neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for California by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.8% of the neighborhoods in California. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees.
In addition, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.3% of America's neighborhoods are wealthier than the Solano At Altair / Celestial At Altair neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Did you know that the Solano At Altair / Celestial At Altair neighborhood has more Asian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 63.2% of this neighborhood's residents have Asian ancestry and 2.3% have Iranian ancestry.
Solano At Altair / Celestial At Altair is also pretty special linguistically. Significantly, 13.4% 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 99.8% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Solano At Altair / Celestial At Altair neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Solano At Altair / Celestial At Altair neighborhood has a greater percentage of residents born in another country (44.3%) than are found in 95.9% of all U.S. neighborhoods.
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 Solano At Altair / Celestial At Altair neighborhood in Irvine 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 95.7% of the neighborhoods in America. In addition, 7.2% 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 58.1% 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 Solano At Altair / Celestial At Altair neighborhood, 64.1% 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 17.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.3%), and 6.1% in manufacturing and laborer occupations.
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 Solano At Altair / Celestial At Altair neighborhood is English, spoken by 33.0% of households. Other important languages spoken here include Chinese, Korean, Spanish 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 Solano At Altair / Celestial At Altair neighborhood in Irvine, CA, residents most commonly identify their ethnicity or ancestry as Asian (63.2%). There are also a number of people of Mexican ancestry (9.0%), and residents who report Italian roots (3.2%), and some of the residents are also of Arab ancestry (3.1%), along with some German ancestry residents (2.4%), among others. In addition, 44.3% 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 Solano At Altair / Celestial At Altair neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.6%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.