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Real Estate Prices & Overview

Emerald Lake Hills / Emerald Hills median real estate price is $2,958,942, which is more expensive than 96.8% of the neighborhoods in California and 99.4% of the neighborhoods in the U.S.

The average rental price in Emerald Lake Hills / Emerald Hills is currently $5,537, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in California.

Emerald Lake Hills / Emerald Hills is a suburban neighborhood (based on population density) located in Redwood City, California.

Emerald Lake Hills / Emerald Hills real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Emerald Lake Hills / Emerald Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Emerald Lake Hills / Emerald Hills are 3.7%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Emerald Lake Hills / Emerald Hills is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Emerald Lake Hills / Emerald Hills neighborhood is wealthier than 99.5% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Emerald Lake Hills / Emerald Hills also has one of the lowest ratings of child poverty in the nation.

In addition, according to NeighborhoodScout's exclusive analysis, Emerald Lake Hills / Emerald Hills is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 99.6% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Emerald Lake Hills / Emerald Hills neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and active retirees.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Emerald Lake Hills / Emerald Hills neighborhood may actually hold the key. 72.9% of its residents are married, which is a higher percentage than is found in 98.1% of the neighborhoods in America.

Finally, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Emerald Lake Hills / Emerald Hills neighborhood, where 41.1% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.4% of the neighborhoods in America.

Occupations

The Emerald Lake Hills / Emerald Hills neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.2% of the neighborhoods in America. In fact, 76.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

A unique way of commuting is simply not to. And in the Emerald Lake Hills / Emerald Hills neighborhood, analysis shows that 31.1% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.4% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Real Estate

The Emerald Lake Hills / Emerald Hills neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.8% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.3% of all neighborhoods in America.

Diversity

Did you know that the Emerald Lake Hills / Emerald Hills neighborhood has more Greek and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Greek ancestry and 1.3% have Iranian ancestry.

Emerald Lake Hills / Emerald Hills is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

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 Emerald Lake Hills / Emerald Hills neighborhood in Redwood City 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 99.5% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Emerald Lake Hills / Emerald Hills neighborhood, 76.5% 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 11.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.3%), and 3.6% in government jobs, whether they are in local, state, or federal positions.

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 Emerald Lake Hills / Emerald Hills neighborhood is English, spoken by 84.8% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and French.

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 Emerald Lake Hills / Emerald Hills neighborhood in Redwood City, CA, residents most commonly identify their ethnicity or ancestry as Italian (12.3%). There are also a number of people of Asian ancestry (11.9%), and residents who report English roots (11.7%), and some of the residents are also of German ancestry (11.0%), along with some Irish ancestry residents (8.0%), among others. In addition, 14.4% 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 Emerald Lake Hills / Emerald Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (48.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.6%) drive alone in a private automobile to get to work. 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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Schools include:
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