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Real Estate Prices & Overview

Walnut Village median real estate price is $639,901, which is less expensive than 70.3% of California neighborhoods and 22.7% of all U.S. neighborhoods.

The average rental price in Walnut Village is currently $3,336, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.3% of California neighborhoods.

Walnut Village is a suburban neighborhood (based on population density) located in Fontana, California.

Walnut Village real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Walnut Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Walnut Village, 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 Walnut Village 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 Fontana, the Walnut Village 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 Walnut Village 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, most neighborhoods are composed of a mixture of ages of homes, but the Walnut Village 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, 95.4% of the residential real estate here was built in this one time period.

People

With more than 2.0% of residents living with a same sex partner, Walnut Village is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.9% of U.S. neighborhoods.

In addition, if you're looking for a great spot to raise a family, then look no further than the Walnut Village neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 14.1% of family-friendly neighborhoods across the state of California. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Walnut Village neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 36.1% of the households here have four, five, or more cars. That is more cars per household than in 96.7% of the neighborhoods in the nation.

Diversity

Did you know that the Walnut Village neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.4% of this neighborhood's residents have Mexican ancestry.

Walnut Village is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

The Neighbors

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 Walnut Village neighborhood in Fontana are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.6% of the neighborhoods in America. In addition, 4.6% 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 65.8% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Walnut Village neighborhood, 28.7% of the working population is employed in manufacturing and laborer 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 25.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.5%), and 22.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Walnut Village neighborhood is Spanish, spoken by 54.4% of households. Some people also speak English (40.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Walnut Village neighborhood in Fontana, CA, residents most commonly identify their ethnicity or ancestry as Mexican (58.4%). There are also a number of people of Asian ancestry (4.5%), and residents who report Italian roots (2.3%), and some of the residents are also of German ancestry (2.3%), along with some English ancestry residents (1.7%), among others. In addition, 24.9% 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 Walnut Village neighborhood spend between 45 minutes and one hour commuting one-way to work (30.1% of working residents), longer and tougher than most commutes in America.

Here most residents (80.0%) 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 (13.2%) . 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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