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Real Estate Prices & Overview

Montecito - Happy Valley / Dominican University median real estate price is $1,620,426, which is more expensive than 87.5% of the neighborhoods in California and 97.3% of the neighborhoods in the U.S.

The average rental price in Montecito - Happy Valley / Dominican University is currently $3,013, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.5% of California neighborhoods.

Montecito - Happy Valley / Dominican University is a suburban neighborhood (based on population density) located in San Rafael, California.

Montecito - Happy Valley / Dominican University real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Montecito - Happy Valley / Dominican University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Montecito - Happy Valley / Dominican University has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.3% 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

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 San Rafael, the Montecito - Happy Valley / Dominican University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 6.7% of the Montecito - Happy Valley / Dominican University neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Also, in the Montecito - Happy Valley / Dominican University neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 29.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.7% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

People

An extraordinary 12.6% of the residents of the Montecito - Happy Valley / Dominican University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, if you're nearing retirement age, or in retirement, the Montecito - Happy Valley / Dominican University is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.0% of retiree-friendly neighborhoods in California, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in California.

Diversity

Did you know that the Montecito - Happy Valley / Dominican University neighborhood has more Russian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Russian ancestry and 2.2% have Eastern European ancestry.

Montecito - Happy Valley / Dominican University is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 96.9% 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 Montecito - Happy Valley / Dominican University neighborhood in San Rafael are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.5% of the neighborhoods in America. In addition, 7.9% 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 56.1% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Montecito - Happy Valley / Dominican University neighborhood, 49.6% 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 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 11.4% in manufacturing and laborer 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 Montecito - Happy Valley / Dominican University neighborhood is English, spoken by 87.6% of households. Other important languages spoken here include Spanish and Langs. of India.

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 Montecito - Happy Valley / Dominican University neighborhood in San Rafael, CA, residents most commonly identify their ethnicity or ancestry as English (17.4%). There are also a number of people of German ancestry (14.4%), and residents who report Irish roots (9.9%), and some of the residents are also of Asian ancestry (9.5%), along with some Mexican ancestry residents (8.7%), 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 Montecito - Happy Valley / Dominican University neighborhood spend between 15 and 30 minutes commuting one-way to work (29.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (46.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride a ferry to get to work (6.7%) 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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