Madison Park median real estate price is $783,011, which is more expensive than 43.0% of the neighborhoods in California and 83.5% of the neighborhoods in the U.S.
The average rental price in Madison Park is currently $3,862, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.9% of the neighborhoods in California.
Madison Park is a densely urban neighborhood (based on population density) located in Santa Ana, California.
Madison Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Madison Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Madison Park, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.3% of all neighborhoods in the U.S. This means that the housing supply in Madison Park is very tight compared to the demand for property here.
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.
American households most often have a car, and regularly they have two or three. But households in the Madison Park neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 44.9% of the households here have four, five, or more cars. That is more cars per household than in 99.2% of the neighborhoods in the nation.
The Madison Park neighborhood is unique for having just 5.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.0% of America's neighborhoods.
Did you know that the Madison Park neighborhood has more Mexican and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 92.7% of this neighborhood's residents have Mexican ancestry and 8.3% have Russian ancestry.
Madison Park is also pretty special linguistically. Significantly, 87.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.
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 Madison Park neighborhood in Santa Ana are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.6% of the neighborhoods in America. In addition, 7.8% 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 56.5% of America'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 Madison Park neighborhood, 34.7% of the working population is employed in manufacturing and laborer 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 30.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.5%), and 11.7% in executive, management, and professional occupations.
The most common language spoken in the Madison Park neighborhood is Spanish, spoken by 87.6% of households. Some people also speak English (11.3%).
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 Madison Park neighborhood in Santa Ana, CA, residents most commonly identify their ethnicity or ancestry as Mexican (92.7%). There are also a number of people of Russian ancestry (8.3%), and residents who report Italian roots (1.4%), and some of the residents are also of Asian ancestry (1.3%). In addition, 37.9% of the residents of this neighborhood were born in another country.
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 Madison Park neighborhood spend between 15 and 30 minutes commuting one-way to work (55.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.2%) 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 (8.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.