Norco Northwest median real estate price is $1,086,660, which is more expensive than 66.1% of the neighborhoods in California and 92.3% of the neighborhoods in the U.S.
The average rental price in Norco Northwest is currently $3,168, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.9% of California neighborhoods.
Norco Northwest is a suburban neighborhood (based on population density) located in Norco, California.
Norco Northwest real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Norco Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In Norco Northwest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Norco Northwest is very tight compared to the demand for property here.
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 Norco, the Norco Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Owner-occupied real estate dominates the Norco Northwest neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.1% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Norco Northwest neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, one way that the Norco Northwest neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Norco Northwest stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.7% of the residential real estate here was built in this one time period.
American households most often have a car, and regularly they have two or three. But households in the Norco Northwest neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 57.4% of the households here have four, five, or more cars. That is more cars per household than in 99.9% of the neighborhoods in the nation.
Did you know that the Norco Northwest neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Portuguese ancestry.
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 Norco Northwest neighborhood in Norco 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 94.8% of the neighborhoods in America. In addition, 4.1% 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 67.7% 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 Norco Northwest neighborhood, 31.2% 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 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 21.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Norco Northwest neighborhood is English, spoken by 81.6% of households. Some people also speak Spanish (17.6%).
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 Norco Northwest neighborhood in Norco, CA, residents most commonly identify their ethnicity or ancestry as Mexican (22.2%). There are also a number of people of Irish ancestry (15.3%), and residents who report German roots (10.5%), and some of the residents are also of English ancestry (8.1%), along with some Italian ancestry residents (4.4%), among others.
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 Norco Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (32.0% of working residents), longer and tougher than most commutes in America.
Here most residents (85.6%) 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 (8.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.