Gold Coast median real estate price is $2,135,190, which is more expensive than 86.6% of the neighborhoods in California and 97.1% of the neighborhoods in the U.S.
The average rental price in Gold Coast is currently $3,717, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.2% of the neighborhoods in California.
Gold Coast is a densely urban neighborhood (based on population density) located in Alameda, California.
Gold Coast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Gold Coast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.6% in Gold Coast. NeighborhoodScout analysis shows that this rate is lower than 53.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.5% of the Gold Coast neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Gold Coast neighborhood is one of the most walkable neighborhoods in America.
In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Gold Coast neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 67.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.3% of the neighborhoods in the United States.
Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Gold Coast neighborhood: a neighborhood in which more "urban sophisticates" live than 95.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.
Did you know that the Gold Coast neighborhood has more British and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have British ancestry and 1.6% have Swiss ancestry.
Gold Coast is also pretty special linguistically. Significantly, 7.3% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.
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 Gold Coast neighborhood in Alameda are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.8% of the neighborhoods in America. In addition, 2.3% 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 73.4% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Gold Coast neighborhood, 61.3% of the working population is employed in executive, management, and professional 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 20.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.1%), and 8.9% in clerical, assistant, and tech support occupations.
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 Gold Coast neighborhood is English, spoken by 72.3% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), Spanish, German/Yiddish and Chinese.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Gold Coast neighborhood in Alameda, CA, residents most commonly identify their ethnicity or ancestry as English (20.4%). There are also a number of people of Asian ancestry (19.9%), and residents who report German roots (19.2%), and some of the residents are also of Irish ancestry (13.7%), along with some Italian ancestry residents (5.6%), among others. In addition, 19.2% 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 Gold Coast neighborhood spend between 45 minutes and one hour commuting one-way to work (33.3% of working residents), longer and tougher than most commutes in America.
Here most residents (41.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride a ferry to get to work (9.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.