Iron Triangle median real estate price is $493,397, which is less expensive than 82.8% of California neighborhoods and 35.0% of all U.S. neighborhoods.
The average rental price in Iron Triangle is currently $2,211, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.4% of California neighborhoods.
Iron Triangle is a densely urban neighborhood (based on population density) located in Richmond, California.
Iron Triangle 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 Iron Triangle neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Iron Triangle has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.4% 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.
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.
Our research shows that more people carpool to work here in the Iron Triangle (29.6%) than in 98.7% of the neighborhoods in America.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Iron Triangle neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.9% of all American neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Iron Triangle neighborhood has a greater percentage of residents born in another country (46.5%) than are found in 96.6% of all U.S. neighborhoods.
Did you know that the Iron Triangle neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 54.8% of this neighborhood's residents have Mexican ancestry.
Iron Triangle is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.
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 Iron Triangle neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.6% of the neighborhoods in America. With 47.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.8% of U.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 Iron Triangle neighborhood, 40.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 34.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.6%), and 8.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Iron Triangle neighborhood is Spanish, spoken by 72.4% of households. Some people also speak English (22.7%).
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 Iron Triangle neighborhood in Richmond, CA, residents most commonly identify their ethnicity or ancestry as Mexican (54.8%). There are also a number of people of Asian ancestry (4.3%), and residents who report Sub-Saharan African roots (1.4%). In addition, 46.5% of the residents of this neighborhood were born in another country.
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 Iron Triangle neighborhood spend between 15 and 30 minutes commuting one-way to work (28.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (56.7%) 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 (29.6%) and 6.0% of residents also take the train 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.