Downtown Madera West median real estate price is $495,885, which is less expensive than 83.2% of California neighborhoods and 35.6% of all U.S. neighborhoods.
The average rental price in Downtown Madera West is currently $2,132, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.4% of California neighborhoods.
Downtown Madera West is an urban neighborhood (based on population density) located in Madera, California.
Downtown Madera West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Madera West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Downtown Madera West has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.9% 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.
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 Madera, the Downtown Madera West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Downtown Madera West neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 34.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.9% of U.S. neighborhoods.
Of note, 74.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, neighborhoodScout's exclusive research revealed that 96.8% of the adult residents in the Downtown Madera West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.2% of the neighborhoods in America.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Downtown Madera West 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 87.4% 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.
In the Downtown Madera West neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 29.1% of commuters carpool here, which is more than in 98.6% of all U.S. neighborhoods.
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Downtown Madera West neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 33.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.8% of America's neighborhoods.
In addition, renter-occupied real estate is dominant in the Downtown Madera West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.6%, which is higher than 95.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Did you know that the Downtown Madera West neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 80.1% of this neighborhood's residents have Mexican ancestry.
Downtown Madera West is also pretty special linguistically. Significantly, 67.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.0% 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 Downtown Madera West neighborhood in Madera are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 74.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Downtown Madera West neighborhood, 34.8% of the working population is employed in farming, forestry, or commercial fishing. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.5%), and 16.2% in executive, management, and professional occupations.
The most common language spoken in the Downtown Madera West neighborhood is Spanish, spoken by 67.4% of households. Some people also speak English (32.4%).
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 Downtown Madera West neighborhood in Madera, CA, residents most commonly identify their ethnicity or ancestry as Mexican (80.1%). There are also a number of people of German ancestry (3.2%), and residents who report Norwegian roots (1.7%), and some of the residents are also of Italian ancestry (1.4%), along with some Portuguese ancestry residents (1.2%), among others. In addition, 33.5% of the residents of this neighborhood were born in another country.
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 Downtown Madera West neighborhood spend under 15 minutes commuting one-way to work (30.8% of working residents), one of the shortest commutes across America.
Here most residents (64.9%) 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 (29.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.