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Real Estate Prices & Overview

Paso Robles South median real estate price is $948,745, which is more expensive than 57.1% of the neighborhoods in California and 89.4% of the neighborhoods in the U.S.

The average rental price in Paso Robles South is currently $2,805, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.6% of California neighborhoods.

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

Paso Robles South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Paso Robles South 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.

Real estate vacancies in Paso Robles South are 4.4%, which is lower than one will find in 70.9% of American neighborhoods. Demand for real estate in Paso Robles South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Paso Robles South neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 97.4% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

People

According to NeighborhoodScout's research, Paso Robles South is better suited for first-time home buyers than 88.6% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in California. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

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 Paso Robles South neighborhood in Paso Robles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.8% of the neighborhoods in America. With 15.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.4% of U.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 Paso Robles South neighborhood, 36.8% 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 28.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 7.0% in clerical, assistant, and tech support 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 Paso Robles South neighborhood is English, spoken by 67.6% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Paso Robles South neighborhood in Paso Robles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (29.7%). There are also a number of people of English ancestry (11.3%), and residents who report Italian roots (9.2%), and some of the residents are also of Irish ancestry (9.0%), along with some German ancestry residents (8.2%), among others. In addition, 19.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Paso Robles South neighborhood spend under 15 minutes commuting one-way to work (50.5% of working residents), one of the shortest commutes across America.

Here most residents (68.6%) 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 (19.7%) . 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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