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Real Estate Prices & Overview

Village North Lagoon median real estate price is $278,533, which is less expensive than 90.4% of California neighborhoods and 69.5% of all U.S. neighborhoods.

The average rental price in Village North Lagoon is currently $4,021, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.7% of the neighborhoods in California.

Village North Lagoon is a densely urban neighborhood (based on population density) located in Salinas, California.

Village North Lagoon real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Village North Lagoon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Village North Lagoon, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.5% of all neighborhoods in the U.S. This means that the housing supply in Village North Lagoon is very tight compared to the demand for property here.

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 Salinas, the Village North Lagoon neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.4% of all neighborhoods in America, with 38.2% 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.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Village North Lagoon neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.1% of U.S. neighborhoods.

People

The Village North Lagoon neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.0% of college-friendly places to live in CA.

Diversity

Did you know that the Village North Lagoon neighborhood has more Mexican and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.9% of this neighborhood's residents have Mexican ancestry and 2.7% have Portuguese ancestry.

Village North Lagoon is also pretty special linguistically. Significantly, 66.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.

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 Village North Lagoon neighborhood in Salinas are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.2% of the neighborhoods in America. In addition, 4.8% 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 65.4% 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 Village North Lagoon neighborhood, 33.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.5%), and 15.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Village North Lagoon neighborhood is Spanish, spoken by 66.2% of households. Some people also speak English (31.3%).

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 Village North Lagoon neighborhood in Salinas, CA, residents most commonly identify their ethnicity or ancestry as Mexican (77.9%). There are also a number of people of English ancestry (3.7%), and residents who report Asian roots (3.6%), and some of the residents are also of Portuguese ancestry (2.7%), along with some Irish ancestry residents (2.0%), among others. In addition, 26.0% 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 Village North Lagoon neighborhood spend between 15 and 30 minutes commuting one-way to work (58.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.3%) 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 (11.8%) . 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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