Lotz Pkwy / Ponta Delgada Dr median real estate price is $917,468, which is more expensive than 55.5% of the neighborhoods in California and 88.8% of the neighborhoods in the U.S.
The average rental price in Lotz Pkwy / Ponta Delgada Dr is currently $3,360, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.5% of California neighborhoods.
Lotz Pkwy / Ponta Delgada Dr is a suburban neighborhood (based on population density) located in Elk Grove, California.
Lotz Pkwy / Ponta Delgada Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lotz Pkwy / Ponta Delgada Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Lotz Pkwy / Ponta Delgada Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Lotz Pkwy / Ponta Delgada Dr is very tight compared to the demand for property here.
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 Elk Grove, the Lotz Pkwy / Ponta Delgada Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
With a real estate vacancy rate of only 0.0%, the Lotz Pkwy / Ponta Delgada Dr neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, one way that the Lotz Pkwy / Ponta Delgada Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Lotz Pkwy / Ponta Delgada Dr neighborhood. A whopping 94.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.3% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Lotz Pkwy / Ponta Delgada Dr neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.4% of all American neighborhoods.
People
According to NeighborhoodScout's exclusive analysis, Lotz Pkwy / Ponta Delgada Dr is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 99.9% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Lotz Pkwy / Ponta Delgada Dr neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students and highly educated executives.
In addition, 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 3.3% of America's neighborhoods are wealthier than the Lotz Pkwy / Ponta Delgada Dr 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.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Lotz Pkwy / Ponta Delgada Dr neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Lotz Pkwy / Ponta Delgada Dr neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.6% of all neighborhoods in America.
Diversity
Did you know that the Lotz Pkwy / Ponta Delgada Dr neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.9% of this neighborhood's residents have Asian ancestry.
Lotz Pkwy / Ponta Delgada Dr is also pretty special linguistically. Significantly, 16.0% 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 99.8% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Lotz Pkwy / Ponta Delgada Dr neighborhood in Elk Grove 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 96.7% of the neighborhoods in America. In addition, 1.6% 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 76.6% 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 Lotz Pkwy / Ponta Delgada Dr neighborhood, 57.2% 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 21.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.1%), and 9.9% in government jobs, whether they are in local, state, or federal positions.
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 Lotz Pkwy / Ponta Delgada Dr neighborhood is English, spoken by 56.3% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), Chinese, Vietnamese and Spanish.
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 Lotz Pkwy / Ponta Delgada Dr neighborhood in Elk Grove, CA, residents most commonly identify their ethnicity or ancestry as Asian (51.9%). There are also a number of people of German ancestry (11.8%), and residents who report Irish roots (11.4%), and some of the residents are also of Mexican ancestry (6.7%), along with some English ancestry residents (2.5%), among others. In addition, 33.3% 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 Lotz Pkwy / Ponta Delgada Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (25.4% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.8%) who commute over an hour in each direction.
Here most residents (55.7%) 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 (20.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
