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Real Estate Prices & Overview

San Luis Rey Mission Expy / Airport Rd median real estate price is $828,514, which is less expensive than 54.5% of California neighborhoods and 15.6% of all U.S. neighborhoods.

The average rental price in San Luis Rey Mission Expy / Airport Rd is currently $3,286, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.0% of California neighborhoods.

San Luis Rey Mission Expy / Airport Rd is a suburban neighborhood (based on population density) located in Oceanside, California.

San Luis Rey Mission Expy / Airport Rd 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the San Luis Rey Mission Expy / Airport Rd 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 San Luis Rey Mission Expy / Airport Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in San Luis Rey Mission Expy / Airport Rd is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the San Luis Rey Mission Expy / Airport Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Occupations

With 10.8% of employed workers living in the San Luis Rey Mission Expy / Airport Rd neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

San Luis Rey Mission Expy / Airport Rd has the amazing distinction of housing more same sex couples living together than 98.0% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, san Luis Rey Mission Expy / Airport Rd is ranked among the top 7.7% of neighborhoods for first-time home buyers to consider in the state of California according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the San Luis Rey Mission Expy / Airport Rd neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the San Luis Rey Mission Expy / Airport Rd neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.5% of the households here have four, five, or more cars. That is more cars per household than in 97.7% of the neighborhoods in the nation.

Diversity

Did you know that the San Luis Rey Mission Expy / Airport Rd neighborhood has more Armenian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Armenian ancestry and 1.0% have Iranian ancestry.

San Luis Rey Mission Expy / Airport Rd is also pretty special linguistically. Significantly, 57.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.2% 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 San Luis Rey Mission Expy / Airport Rd neighborhood in Oceanside are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.2% of U.S. neighborhoods. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.0% 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 San Luis Rey Mission Expy / Airport Rd neighborhood, 41.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 35.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.2%), and 10.8% in the military.

Languages

The most common language spoken in the San Luis Rey Mission Expy / Airport Rd neighborhood is Spanish, spoken by 57.3% of households. Some people also speak English (38.5%).

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 San Luis Rey Mission Expy / Airport Rd neighborhood in Oceanside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (50.3%). There are also a number of people of Italian ancestry (6.5%), and residents who report Irish roots (4.7%), and some of the residents are also of German ancestry (4.6%), along with some Asian ancestry residents (2.8%), among others. In addition, 35.3% 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 San Luis Rey Mission Expy / Airport Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (42.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.9%) 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 (8.7%) . 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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