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Real Estate Prices & Overview

Downtown Modesto median real estate price is $482,867, which is less expensive than 83.8% of California neighborhoods and 35.2% of all U.S. neighborhoods.

The average rental price in Downtown Modesto is currently $1,255, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of California neighborhoods.

Downtown Modesto is a suburban neighborhood (based on population density) located in Modesto, California.

Downtown Modesto real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Modesto neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.9% in Downtown Modesto. NeighborhoodScout analysis shows that this rate is lower than 43.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Modesto, the Downtown Modesto neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Downtown Modesto neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.9% of the neighborhoods in America.

In addition, neighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the Downtown Modesto neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.1% of the neighborhoods in America.

Real Estate

Renter-occupied real estate is dominant in the Downtown Modesto neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.5%, which is higher than 97.7% 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.

In addition, the Downtown Modesto neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 89.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

NeighborhoodScout's exclusive research identifies the Downtown Modesto neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.5% of its working residents employed in such fields, which is a higher proportion than 95.6% of American neighborhoods.

Diversity

Did you know that the Downtown Modesto neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Arab ancestry.

Downtown Modesto is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.

The Neighbors

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 Modesto neighborhood in Modesto are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.9% of U.S. neighborhoods. With 50.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% 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 Modesto neighborhood, 42.5% of the working population is employed in manufacturing and laborer 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 21.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 15.5% in executive, management, and professional 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 Downtown Modesto neighborhood is English, spoken by 67.4% of households. Other important languages spoken here include Spanish and Arabic.

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 Downtown Modesto neighborhood in Modesto, CA, residents most commonly identify their ethnicity or ancestry as Mexican (42.2%). There are also a number of people of German ancestry (11.0%), and residents who report Irish roots (8.4%), and some of the residents are also of English ancestry (6.4%), along with some French ancestry residents (6.2%), among others. In addition, 21.1% 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 Downtown Modesto neighborhood spend under 15 minutes commuting one-way to work (37.6% of working residents), one of the shortest commutes across America.

Here most residents (73.3%) 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 (17.3%) . 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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