Charter Oak, California. Unemployment Rate. Median Income. Median Home Price. Median Age. Comfort Index Climate. In the mid—20th century, the complex Los Angeles—Long Beach area started as a warm-weather paradise with a strong economic base and the attraction of cosmopolitan adventure.
The area is huge. Because of earthquake risk and the increasing importance of the automobile, the city built outward—into every nook and cranny of available level land for miles—rather than upward Read More about Charter Oak. Surrounding a network of city cores, the sprawl of low buildings extends 80 miles on a near-perfect grid from the beach at Santa Monica west of downtown east towards San Bernardino. The LA metro area extends north into the San Fernando Valley, including Burbank and Glendale in another large sprawling panorama, and extends south to the busy port of Long Beach.
Flying into Los Angeles International for the first time, the view of the sprawling cityscape is stunning.. But without extensive financial resources, these communities are all but inaccessible, and those who cannot afford them feel the full impact of the overcrowded landscape.
That said, the area has some of the best weather in the world. Warm sunny days, cool evenings, low morning clouds and fog, and sea breezes are the norm. Rain only falls in the winter, and seldom at that.
All imaginable services—higher education, healthcare, transportation—are available in abundance. As the area is more economically diverse and less dependent on high-tech industry than northern California, the economy continues to be relatively strong for California. The downsides of living in L. Traffic and air-pollution problems are extreme. Construction 9. Other office and administrative support workers, including supervisors 5. Secretaries and administrative assistants 9.
Air pollution and air quality trends lower is better. City: U. City: 0. City: Services: partially wheelchair accessible, public payphones, free short-term parking, free long-term parking, call for taxi service, public transit connection.
Services: fully wheelchair accessible, public payphones, full-service food facilities, free short-term parking, free long-term parking, call for car rental service, call for taxi service, public transit connection. Services: fully wheelchair accessible, public payphones, vending machines, free short-term parking, call for taxi service. Average household size: This place: 3.
Percentage of family households: This place: Percentage of households with unmarried partners: This place: 6. People in group quarters in Charter Oak in 70 people in other noninstitutional facilities 56 people in group homes intended for adults 6 people in residential treatment centers for adults. Education Gini index Inequality in education Here: Number of grocery stores : 2, Here : 2. California : 2. Number of supercenters and club stores : 32 Los Angeles County : 0.
State : 0. Number of convenience stores no gas : Los Angeles County : 0. California : 0. Number of convenience stores with gas : 1, Los Angeles County : 1.
California : 1. Number of full-service restaurants : 7, This county : 7. California : 7. Adult diabetes rate : Here : 7. Adult obesity rate : This county : When all the attackers had left, he climbed down out of the oak tree and was able to find a loose horse and made his escape, reaching Mexico several days later.
In his haste, he failed to dig up the treasure in gold which he had buried. This is how Charter Oak received its name. An interesting sequel to this story is told by many of the early settlers in the area. It was not at all unusual for these people to hear the sound of picks and shovels digging in the night, and upon looking out in the morning, noticing holes dug around the base of the oak trees in their yards. In fact, rumor has it that one of these early settlers found imprints of the three-legged pot at the bottom of a hole of mud.
Still further, the quality of a child's education can vary significantly from neighborhood to neighborhood within any city or town. Raw data sources: U. Geological Service, U. Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood block group in the U.
Read more. The 3 year appreciation forecast for each neighborhood is classified into 1 - 5 categories based on how this neighborhood's forecast 3 year performance compares to the real estate appreciation rates experienced in all neighborhoods nationwide for every 3 year period since This provides context for comparing what is very low, low, moderate, high, and rising star appreciation performance.
Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy:. NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town, neighborhood or micro-neighborhood over the latest quarter, the last year, 2-years, 5-years, years, and even from to present.
We show both the cumulative appreciation rate, and the average annual appreciation rate for each time period e. We also show how each city, town, neighborhood or micro-neighborhood's appreciation rate compares to others across the U. This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. In this example, the neighborhood is one of the highest appreciating in the nation over the last 5-years, but is only average in appreciation for the same period relative to other neighborhoods in the Santa Cruz-Watsonville, CA Metro Area.
Our data are designed to capture changes in the value of single-family homes at the state, city, town, neighborhood and even micro-neighborhood level. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. NeighborhoodScout vividly reveals such differences. Our data are built upon median house values per square foot in each neighborhood.
The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood.
Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages.
Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.
Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. The average nearby price per square foot is based on other locations a short drive away from the neighborhood. Then every neighborhood is ranked relative to both other neighborhoods in the region and all other neighborhoods in the nation. The average annual change in homeownership rates in the neighborhood during the latest five years.
The market rental prices may be low, but are they going up? We calculate rental price trends as the average annual change in market rent paid in the neighborhood over the latest 5 years. We measure the average annual increase or decrease in the percentage of college graduates living in a neighborhood over the most recent 5 years. College graduates are defined here as adults 25 and older with at least a 4-year college degree.
We analyze school test performance for all schools that serve this location, and calculate the average annual increase or decrease in the school performance index, based on the percentage of students testing proficient or advanced in standardized testing. We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years.
We measure the average annual increase or decrease in household income in the neighborhood over the most recent 5 years. We measure the average annual increase or decrease in unemployment in the neighborhood over the most recent 5 years. We then calculate the percentage change in population for each distance.
This reveals trends in demand for real estate that can drive pricing, or reveal declines in demand, at every relevant distance from the subject location. This provides context for comparing regional performance against historical benchmarking. As this ratio becomes high, it becomes more difficult for local wages to support housing prices.
As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction. Because demand varies from region to region and the proportion of household income expected to be spent on housing also varies greatly from region to region, the Scout Vision Housing Affordability Index is best used to compare affordability in a region over time to assess overheated markets, rather than using the Index to compare different regions at one point in time to assess market overheating.
The Regional Housing Affordability Index is reassessed and recalculated annually. Disclaimer Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain.
Actual results may differ materially from what is predicted in any information provided by Location Inc. Nothing contained in or generated by a Location Inc. No representation is made as to the accuracy of any forecast, estimate, or projection. Location Inc. All risks associated with using the site and the data are borne by the user at user's sole cost and expense. By using the site you agree to our Terms of Use.
This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. The algorithm uses neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends. About Us. Covina, CA Charter Oak. Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.
Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics including economic status, lifestyle, and living conditions. Census tracts usually have 4, persons, but can range between 1, and 8, persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us.
Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas. Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town.
Then we named each census tract to the local colloquially recognized neighborhood name for that spot e. If there was not a name available, we named the census tract by the largest street intersection in the census tract e. This helps answer crucial questions about the state of the neighborhood being evaluated, such as: What are the risks of violent crime here? Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value? Are the trends in local vacancies or unemployment concerning? Information at a glance that you need to know to invest, appraise or finance a property. Unlock report. Already have an account? Log In New to NeighborhoodScout? Create an account to add this page to your saved places. By sending this Report you agree to NeighborhoodScout's. Overview Data Tutorial. Real Estate Prices and Overview. Neighborhood Real Estate Data.
Updated quarterly. Setting, Housing Stock, Homeownership: latest available. Average Home Values. Real Estate Tax Rate The average effective real estate tax rate is based on the median real estate taxes paid in the neighborhood, as a percentage of the median home value in the neighborhood.
Median Home Value: Locked.
0コメント