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Real Estate Prices & Overview

Normandy Hills / Laurelhurst median real estate price is $3,013,808, which is more expensive than 96.9% of the neighborhoods in California and 99.5% of the neighborhoods in the U.S.

The average rental price in Normandy Hills / Laurelhurst is currently $5,642, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.0% of the neighborhoods in California.

Normandy Hills / Laurelhurst is an urban neighborhood (based on population density) located in Cupertino, California.

Normandy Hills / Laurelhurst real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Normandy Hills / Laurelhurst neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Normandy Hills / Laurelhurst, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 88.4% of all neighborhoods in the U.S. This means that the housing supply in Normandy Hills / Laurelhurst is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Cupertino, the Normandy Hills / Laurelhurst neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.5% of America's neighborhoods are wealthier than the Normandy Hills / Laurelhurst neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

In addition, the rate of college educated adults in the Normandy Hills / Laurelhurst neighborhood is a unique characteristic of the neighborhood. 88.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.5% of all U.S. neighborhoods.

Also, a majority of the adults in the Normandy Hills / Laurelhurst neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for California by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.6% of the neighborhoods in California. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Occupations

The Normandy Hills / Laurelhurst neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.0% of the neighborhoods in America. In fact, 79.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Normandy Hills / Laurelhurst neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.1% of this neighborhood's residents have Asian ancestry.

Normandy Hills / Laurelhurst is also pretty special linguistically. Significantly, 16.7% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Normandy Hills / Laurelhurst neighborhood has a greater percentage of residents born in another country (53.1%) than are found in 98.2% 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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Normandy Hills / Laurelhurst neighborhood in Cupertino 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 99.5% of the neighborhoods in America. In addition, 3.2% 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 70.9% 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 Normandy Hills / Laurelhurst neighborhood, 79.7% 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 10.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.7%), and 4.1% 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 Normandy Hills / Laurelhurst neighborhood is English, spoken by 39.3% of households. Other important languages spoken here include Chinese, Langs. of India and Korean.

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 Normandy Hills / Laurelhurst neighborhood in Cupertino, CA, residents most commonly identify their ethnicity or ancestry as Asian (75.1%). There are also a number of people of English ancestry (4.2%), and residents who report German roots (3.6%), and some of the residents are also of Mexican ancestry (1.4%), along with some Irish ancestry residents (1.4%), among others. In addition, 53.1% of the residents of this neighborhood were born in another country.

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 Normandy Hills / Laurelhurst neighborhood spend between 30 and 45 minutes commuting one-way to work (35.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (69.9%) 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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