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Real Estate Prices & Overview

Downtown median real estate price is $586,467, which is less expensive than 71.6% of California neighborhoods and 23.8% of all U.S. neighborhoods.

The average rental price in Downtown is currently $1,282, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.7% of California neighborhoods.

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

Downtown 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.

Downtown has a 13.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.9% 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

One of the unique characteristics of the Downtown neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.2% of the neighborhoods in America. In a nation where 1 out of every 4 children lives in poverty, the Downtown neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the Downtown neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 67.5% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.6% of the neighborhoods in America.

Real Estate

The Downtown 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 97.9% 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.

In addition, the real estate in the Downtown neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 88.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.

Modes of Transportation

More people in Downtown choose to walk to work each day (28.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Downtown neighborhood is a fantastic option for bicycle commuters, as 4.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.0% of the neighborhoods in America.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 17.4% of the Downtown neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.9% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Downtown neighborhood buck this trend. 36.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.

Diversity

Did you know that the Downtown neighborhood has more Austrian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Austrian ancestry and 0.8% have Czechoslovakian ancestry.

Downtown is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

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 Downtown neighborhood in Sacramento are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.2% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Downtown neighborhood, 54.6% 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 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.6%), and 9.0% 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 Downtown neighborhood is English, spoken by 85.5% of households. Other important languages spoken here include Spanish, Langs. of India and Chinese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Downtown neighborhood in Sacramento, CA, residents most commonly identify their ethnicity or ancestry as Irish (21.7%). There are also a number of people of German ancestry (12.1%), and residents who report Mexican roots (11.7%), and some of the residents are also of Asian ancestry (7.9%), along with some Spanish ancestry residents (5.9%), among others.

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 neighborhood spend between 30 and 45 minutes commuting one-way to work (36.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (29.8%) 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 (28.3%) and 17.4% of residents also take the train for their daily commute. 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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