Panhandle Annex / Eastshore median real estate price is $703,876, which is more expensive than 35.2% of the neighborhoods in California and 77.6% of the neighborhoods in the U.S.
The average rental price in Panhandle Annex / Eastshore is currently $2,135, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.7% of California neighborhoods.
Panhandle Annex / Eastshore is a densely urban neighborhood (based on population density) located in Richmond, California.
Panhandle Annex / Eastshore 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 Panhandle Annex / Eastshore neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Panhandle Annex / Eastshore, 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 Panhandle Annex / Eastshore is very tight compared to the demand for property here.
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.
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 Panhandle Annex / Eastshore 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.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Panhandle Annex / Eastshore neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.7% of all American neighborhoods.
Did you know that the Panhandle Annex / Eastshore neighborhood has more Arab and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Arab ancestry and 1.0% have Brazilian ancestry.
Panhandle Annex / Eastshore is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.2% 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 Panhandle Annex / Eastshore neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.4% of U.S. neighborhoods. With 19.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.4% 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 Panhandle Annex / Eastshore neighborhood, 40.3% 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 executive, management, and professional occupations, with 22.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 15.0% in clerical, assistant, and tech support occupations.
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 Panhandle Annex / Eastshore neighborhood is English, spoken by 60.7% of households. Other important languages spoken here include Spanish and Arabic.
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 Panhandle Annex / Eastshore neighborhood in Richmond, CA, residents most commonly identify their ethnicity or ancestry as Mexican (13.7%). There are also a number of people of Asian ancestry (6.6%), and residents who report Arab roots (5.1%), and some of the residents are also of Sub-Saharan African ancestry (2.9%), along with some Irish ancestry residents (2.9%), among others. In addition, 30.3% 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 Panhandle Annex / Eastshore neighborhood spend between 15 and 30 minutes commuting one-way to work (28.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.6%) 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 (17.4%) and 6.9% 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.