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Real Estate Prices & Overview

Letterman Park median real estate price is $149,385, which is less expensive than 97.0% of California neighborhoods and 85.6% of all U.S. neighborhoods.

The average rental price in Letterman Park is currently $2,171, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.6% of California neighborhoods.

Letterman Park is an urban neighborhood (based on population density) located in Clovis, California.

Letterman Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Letterman Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Letterman Park, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.4% of all neighborhoods in the U.S. This means that the housing supply in Letterman Park 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 NeighborhoodScout'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

The Letterman Park 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 88.8% 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.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Letterman Park neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 40.8% of the real estate here is made up of such dwellings, which is higher than 97.2% of all U.S. neighborhoods.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Letterman Park stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.0% of the residential real estate here was built in this one time period.

Also of note, renter-occupied real estate is dominant in the Letterman Park neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.7%, which is higher than 95.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Letterman Park neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.0% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Letterman Park neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Portuguese ancestry.

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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Letterman Park neighborhood in Clovis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.2% of U.S. neighborhoods. With 19.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.9% 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 Letterman Park neighborhood, 36.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.3%), and 17.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Letterman Park neighborhood is English, spoken by 79.1% of households. Some people also speak Spanish (16.2%).

Ethnicity / Ancestry

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 Letterman Park neighborhood in Clovis, CA, residents most commonly identify their ethnicity or ancestry as Mexican (35.3%). There are also a number of people of German ancestry (13.9%), and residents who report Irish roots (10.5%), and some of the residents are also of English ancestry (10.4%), along with some Italian ancestry residents (3.9%), among others.

Getting to Work

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 Letterman Park neighborhood spend between 15 and 30 minutes commuting one-way to work (57.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.4%) 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 (11.5%) . 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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