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Real Estate Prices & Overview

Vermont-McKendrie median real estate price is $2,281,555, which is more expensive than 93.1% of the neighborhoods in California and 98.7% of the neighborhoods in the U.S.

The average rental price in Vermont-McKendrie is currently $3,760, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.5% of the neighborhoods in California.

Vermont-McKendrie is an urban neighborhood (based on population density) located in San Jose, California.

Vermont-McKendrie real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Vermont-McKendrie 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 1940 and 1969.

In Vermont-McKendrie, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.5% of all neighborhoods in the U.S. This means that the housing supply in Vermont-McKendrie 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Vermont-McKendrie neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Vermont-McKendrie neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Portuguese ancestry.

Vermont-McKendrie is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.7% 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 Vermont-McKendrie neighborhood in San Jose 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 93.2% of the neighborhoods in America. 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 Vermont-McKendrie neighborhood, 66.0% 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 13.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.6%), and 9.9% 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 Vermont-McKendrie neighborhood is English, spoken by 63.6% of households. Other important languages spoken here include Spanish, Vietnamese and Chinese.

Ethnicity / Ancestry

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 Vermont-McKendrie neighborhood in San Jose, CA, residents most commonly identify their ethnicity or ancestry as Mexican (21.0%). There are also a number of people of Asian ancestry (20.8%), and residents who report Irish roots (9.6%), and some of the residents are also of German ancestry (7.4%), along with some English ancestry residents (6.1%), among others. In addition, 28.8% 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 Vermont-McKendrie neighborhood spend under 15 minutes commuting one-way to work (30.3% of working residents), one of the shortest commutes across America.

Here most residents (61.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.2%) and 6.2% of residents also carpool with coworkers, friends, or neighbors 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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