Downtown Madera median real estate price is $470,303, which is less expensive than 85.6% of California neighborhoods and 38.4% of all U.S. neighborhoods.
The average rental price in Downtown Madera is currently $2,048, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.3% of California neighborhoods.
Downtown Madera is an urban neighborhood (based on population density) located in Madera, California.
Downtown Madera real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Downtown Madera neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Downtown Madera, 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 Downtown Madera is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Downtown Madera neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Downtown Madera neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 38.1% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.9% of U.S. neighborhoods.
In the Downtown Madera neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 37.2% of commuters carpool here, which is more than in 99.6% of all U.S. neighborhoods.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Downtown Madera neighborhood has more single mother households than 99.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, one of the really interesting characteristics about the Downtown Madera neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.2% of college-friendly places to live in the state of California.
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 Downtown Madera neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.2% of the households here have four, five, or more cars. That is more cars per household than in 97.2% of the neighborhoods in the nation.
Did you know that the Downtown Madera neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 87.1% of this neighborhood's residents have Mexican ancestry.
Downtown Madera is also pretty special linguistically. Significantly, 94.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.
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 Downtown Madera neighborhood has a greater percentage of residents born in another country (47.5%) than are found in 96.8% of all U.S. neighborhoods.
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 Downtown Madera neighborhood in Madera are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.6% of U.S. neighborhoods. With 24.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Downtown Madera neighborhood, 38.1% of the working population is employed in farming, forestry, or commercial fishing. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 20.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 13.1% in executive, management, and professional occupations.
Languages
The most common language spoken in the Downtown Madera neighborhood is Spanish, spoken by 94.6% of households. Some people also speak English (5.4%).
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 Downtown Madera neighborhood in Madera, CA, residents most commonly identify their ethnicity or ancestry as Mexican (87.1%). In addition, 47.5% 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 Downtown Madera neighborhood spend between 30 and 45 minutes commuting one-way to work (44.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (48.1%) 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 (37.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
