Murrieta Hot Springs median real estate price is $540,458, which is less expensive than 78.8% of California neighborhoods and 31.8% of all U.S. neighborhoods.
The average rental price in Murrieta Hot Springs is currently $3,945, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in California.
Murrieta Hot Springs is a suburban neighborhood (based on population density) located in Murrieta, California.
Murrieta Hot Springs 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 occupied by a mixture of owners and renters. Many of the residences in the Murrieta Hot Springs 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.
Murrieta Hot Springs has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.5% 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 Murrieta, the Murrieta Hot Springs neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The real estate in this neighborhood consists of more mobile homes than 96.7% of all neighborhoods in America, with 35.4% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
An extraordinary 10.7% of the residents of the Murrieta Hot Springs neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Did you know that the Murrieta Hot Springs neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Armenian ancestry.
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 Murrieta Hot Springs neighborhood in Murrieta are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.0% of the neighborhoods in America. In addition, 4.2% 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 67.4% of America'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 Murrieta Hot Springs neighborhood, 37.3% 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 33.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 14.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Murrieta Hot Springs neighborhood is English, spoken by 71.3% of households. Some people also speak Spanish (25.5%).
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 Murrieta Hot Springs neighborhood in Murrieta, CA, residents most commonly identify their ethnicity or ancestry as Mexican (33.5%). There are also a number of people of English ancestry (13.4%), and residents who report German roots (13.2%), and some of the residents are also of Irish ancestry (9.0%), along with some Italian ancestry residents (8.4%), among others. In addition, 12.4% 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 Murrieta Hot Springs neighborhood spend between 15 and 30 minutes commuting one-way to work (49.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.