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Real Estate Prices & Overview

McLaren Park North median real estate price is $1,102,900, which is more expensive than 65.8% of the neighborhoods in California and 92.2% of the neighborhoods in the U.S.

The average rental price in McLaren Park North is currently $513, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 100.0% of California neighborhoods.

McLaren Park North is a rural neighborhood (based on population density) located in San Francisco, California.

McLaren Park North 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 mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the McLaren Park North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In McLaren Park North, 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 McLaren Park North is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

100.0% of the real estate in the McLaren Park North neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the McLaren Park North neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, one of the really unique and interesting things about the look and setting of the McLaren Park North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.3% of all neighborhoods in America.

Furthermore, the McLaren Park North neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Also of note, homes built from 2000 through today make up a higher proportion of the McLaren Park North neighborhood's real estate landscape than 96.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 74.8% of the residential real estate here is classified as newer.

People

The McLaren Park North neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the McLaren Park North neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the McLaren Park North neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than Ä¢¹½ÊÓÆµ found in 100.0% of America's neighborhoods.

Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 82.1%. This is a higher percent living alone than we found in 100.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Modes of Transportation

More people in McLaren Park North choose to walk to work each day (44.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Occupations

Ä¢¹½ÊÓÆµ's exclusive research identifies the McLaren Park North neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 55.6% of its working residents employed in such fields, which is a higher proportion than 99.6% of American neighborhoods.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the McLaren Park North neighborhood, they truly stand out. Ä¢¹½ÊÓÆµ's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.5% of all American neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. Ä¢¹½ÊÓÆµ's research has revealed some interesting things about the rootedness of people in the McLaren Park North neighborhood. More residents of the McLaren Park North neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the McLaren Park North neighborhood has a greater percentage of residents born in another country (94.2%) than are found in 100.0% of all U.S. neighborhoods.

Diversity

Did you know that the McLaren Park North neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 100.0% of this neighborhood's residents have Asian ancestry.

McLaren Park North is also pretty special linguistically. Significantly, 83.2% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

The Neighbors

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. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the McLaren Park North neighborhood in San Francisco are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 McLaren Park North neighborhood, 55.6% 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 44.4% of the residents employed.

Languages

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 McLaren Park North neighborhood is Chinese, spoken by 83.2% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), English and Vietnamese.

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 McLaren Park North neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (100.0%). In addition, 94.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 McLaren Park North neighborhood spend between 30 and 45 minutes commuting one-way to work (55.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (44.4%) . 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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