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Real Estate Prices & Overview

Terrace Southwest median real estate price is $355,561, which is less expensive than 88.3% of California neighborhoods and 50.7% of all U.S. neighborhoods.

The average rental price in Terrace Southwest is currently $2,656, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.7% of California neighborhoods.

Terrace Southwest is an urban neighborhood (based on population density) located in San Bernardino, California.

Terrace Southwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Terrace Southwest 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 Terrace Southwest, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.9% of all neighborhoods in the U.S. This means that the housing supply in Terrace Southwest is very tight compared to the demand for property here.

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.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.3% of all neighborhoods in America, with 33.7% 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.

Diversity

Did you know that the Terrace Southwest neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 76.6% of this neighborhood's residents have Mexican ancestry.

Terrace Southwest is also pretty special linguistically. Significantly, 64.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.6% 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 Terrace Southwest neighborhood in San Bernardino are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.8% of the neighborhoods in America. With 15.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.9% 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 Terrace Southwest neighborhood, 38.7% of the working population is employed in manufacturing and laborer 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 26.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 13.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Terrace Southwest neighborhood is Spanish, spoken by 64.6% of households. Some people also speak English (34.0%).

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 Terrace Southwest neighborhood in San Bernardino, CA, residents most commonly identify their ethnicity or ancestry as Mexican (76.6%). There are also a number of people of Asian ancestry (1.8%), and residents who report German roots (1.1%). In addition, 26.2% of the residents of this neighborhood were born in another country.

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 Terrace Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (45.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.1%) 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 (14.0%) . 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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