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Real Estate Prices & Overview

Laurelwood median real estate price is $595,155, which is less expensive than 73.8% of California neighborhoods and 28.5% of all U.S. neighborhoods.

The average rental price in Laurelwood is currently $3,607, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.2% of the neighborhoods in California.

Laurelwood is an urban neighborhood (based on population density) located in Salinas, California.

Laurelwood 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 Laurelwood neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.0% in Laurelwood. NeighborhoodScout analysis shows that this rate is lower than 48.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Salinas, the Laurelwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Laurelwood neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 15.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.5% of U.S. neighborhoods.

Modes of Transportation

In the Laurelwood neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 31.5% of commuters carpool here, which is more than in 99.1% of all U.S. neighborhoods.

Diversity

Did you know that the Laurelwood neighborhood has more Mexican and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.7% of this neighborhood's residents have Mexican ancestry and 0.5% have Czechoslovakian ancestry.

Laurelwood is also pretty special linguistically. Significantly, 64.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.

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 Laurelwood neighborhood in Salinas are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.9% of the neighborhoods in America. With 20.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.3% 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 Laurelwood neighborhood, 32.0% 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 24.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.9%), and 15.6% in farming, forestry, or commercial fishing.

Languages

The most common language spoken in the Laurelwood neighborhood is Spanish, spoken by 64.0% of households. Some people also speak English (31.2%).

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 Laurelwood neighborhood in Salinas, CA, residents most commonly identify their ethnicity or ancestry as Mexican (75.7%). There are also a number of people of Asian ancestry (4.5%), and residents who report German roots (4.0%), and some of the residents are also of Irish ancestry (2.1%), along with some Italian ancestry residents (2.0%), among others. In addition, 37.2% 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 Laurelwood neighborhood spend between 15 and 30 minutes commuting one-way to work (50.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.1%) 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 (31.5%) . 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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