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Real Estate Prices & Overview

Sierra del Oro East median real estate price is $899,164, which is more expensive than 53.2% of the neighborhoods in California and 88.1% of the neighborhoods in the U.S.

The average rental price in Sierra del Oro East is currently $4,050, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.3% of the neighborhoods in California.

Sierra del Oro East is a suburban neighborhood (based on population density) located in Corona, California.

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

Home and apartment vacancy rates are 8.9% in Sierra del Oro East. NeighborhoodScout analysis shows that this rate is lower than 43.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Sierra del Oro East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Sierra del Oro East community truly stands out from the rest in this regard.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Sierra del Oro East 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, 89.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Sierra del Oro East neighborhood has more Iranian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Iranian ancestry and 2.3% have Portuguese ancestry.

Sierra del Oro East is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.

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 Sierra del Oro East neighborhood in Corona are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.6% of the neighborhoods in America. 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.

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 Sierra del Oro East neighborhood, 47.9% 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 22.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.3%), and 11.8% in clerical, assistant, and tech support occupations.

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 Sierra del Oro East neighborhood is English, spoken by 73.2% of households. Other important languages spoken here include Spanish, Chinese and Arabic.

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 Sierra del Oro East neighborhood in Corona, CA, residents most commonly identify their ethnicity or ancestry as Mexican (22.4%). There are also a number of people of Asian ancestry (13.6%), and residents who report Spanish roots (6.1%), and some of the residents are also of English ancestry (5.6%), along with some Italian ancestry residents (4.6%), among others. In addition, 17.4% 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 Sierra del Oro East neighborhood spend between 45 minutes and one hour commuting one-way to work (39.9% of working residents), longer and tougher than most commutes in America.

Here most residents (83.8%) drive alone in a private automobile to get to work. 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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