Val Verde median real estate price is $593,840, which is less expensive than 75.7% of California neighborhoods and 27.1% of all U.S. neighborhoods.
The average rental price in Val Verde is currently $3,493, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 43.0% of California neighborhoods.
Val Verde is a suburban neighborhood (based on population density) located in Perris, California.
Val Verde real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Val Verde 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 6.3% in Val Verde. Ä¢¹½ÊÓÆµ analysis shows that this rate is lower than 56.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The real estate in this neighborhood consists of more mobile homes than 98.3% of all neighborhoods in America, with 43.0% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Val Verde neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than Ä¢¹½ÊÓÆµ found in 97.8% of all neighborhoods in America.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But Ä¢¹½ÊÓÆµ's analysis revealed that households in the Val Verde neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. Ä¢¹½ÊÓÆµ's Analysis reveals that 36.4% of the households here have four, five, or more cars. That is more cars per household than in 96.9% of the neighborhoods in the nation.
Ä¢¹½ÊÓÆµ's exclusive research revealed that 93.4% of the adult residents in the Val Verde neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.
Did you know that the Val Verde neighborhood has more Romanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Romanian ancestry and 63.7% have Mexican ancestry.
Val Verde is also pretty special linguistically. Significantly, 73.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.
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 Val Verde neighborhood in Perris are upper-middle income, making it an above average income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 68.6% of the neighborhoods in America. With 27.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.5% 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 Val Verde neighborhood, 38.9% 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 24.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.4%), and 15.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Val Verde neighborhood is Spanish, spoken by 73.3% of households. Some people also speak English (20.8%).
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 Val Verde neighborhood in Perris, CA, residents most commonly identify their ethnicity or ancestry as Mexican (63.7%). There are also a number of people of Romanian ancestry (4.1%), and residents who report Irish roots (2.5%), and some of the residents are also of Asian ancestry (1.6%), along with some Eastern European ancestry residents (1.4%), among others. In addition, 37.8% 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 Val Verde neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.8%) who commute over an hour in each direction.
Here most residents (80.8%) 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 (13.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.