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Real Estate Prices & Overview

South Los Altos median real estate price is $3,947,938, which is more expensive than 99.0% of the neighborhoods in California and 99.8% of the neighborhoods in the U.S.

The average rental price in South Los Altos is currently $5,443, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.1% of the neighborhoods in California.

South Los Altos is a suburban neighborhood (based on population density) located in Los Altos, California.

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

Home and apartment vacancy rates are 6.2% in South Los Altos. NeighborhoodScout analysis shows that this rate is lower than 58.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

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 South Los Altos neighborhood is wealthier than 99.5% 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. As one would expect in a considerably wealthy neighborhood such as this, South Los Altos also has one of the lowest ratings of child poverty in the nation.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the South Los Altos neighborhood, where 61.5% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.9% of the neighborhoods in America.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the South Los Altos neighborhood may actually hold the key. 77.8% of its residents are married, which is a higher percentage than is found in 99.5% of the neighborhoods in America.

Finally, according to NeighborhoodScout's exclusive analysis, South Los Altos is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 98.9% 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 South Los Altos neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Occupations

The South Los Altos neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.9% of the neighborhoods in America. In fact, 89.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

A unique way of commuting is simply not to. And in the South Los Altos neighborhood, analysis shows that 39.6% 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 99.5% 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.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the South Los Altos neighborhood is a fantastic option for bicycle commuters, as 3.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.9% of the neighborhoods in America.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the South Los Altos neighborhood, is that an incredible 83.8% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Diversity

Did you know that the South Los Altos neighborhood has more Iranian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Iranian ancestry and 38.0% have Asian ancestry.

South Los Altos is also pretty special linguistically. Significantly, 10.4% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.9% 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 South Los Altos neighborhood in Los Altos 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 99.5% 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 South Los Altos neighborhood, 89.5% 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 4.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.7%), and 2.2% in manufacturing and laborer 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 South Los Altos neighborhood is English, spoken by 61.8% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and French.

Ethnicity / Ancestry

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 South Los Altos neighborhood in Los Altos, CA, residents most commonly identify their ethnicity or ancestry as Asian (38.0%). There are also a number of people of English ancestry (12.9%), and residents who report Irish roots (8.4%), and some of the residents are also of German ancestry (5.4%), along with some Mexican ancestry residents (4.0%), among others. In addition, 37.2% 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 South Los Altos neighborhood spend between 15 and 30 minutes commuting one-way to work (60.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.6%) drive alone in a private automobile to get to work. 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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