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Real Estate Prices & Overview

Village Highlands / Millbrook Estates median real estate price is $662,074, which is less expensive than 68.5% of California neighborhoods and 21.4% of all U.S. neighborhoods.

The average rental price in Village Highlands / Millbrook Estates is currently $2,954, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.0% of California neighborhoods.

Village Highlands / Millbrook Estates is an urban neighborhood (based on population density) located in Modesto, California.

Village Highlands / Millbrook Estates 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 Village Highlands / Millbrook Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Village Highlands / Millbrook Estates, 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 Village Highlands / Millbrook Estates 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 Modesto, the Village Highlands / Millbrook Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Village Highlands / Millbrook Estates 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.

In addition, homes built from 2000 through today make up a higher proportion of the Village Highlands / Millbrook Estates neighborhood's real estate landscape than 98.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 85.6% of the residential real estate here is classified as newer. 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.

People

Of note is NeighborhoodScout's research finding that the Village Highlands / Millbrook Estates 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 Village Highlands / Millbrook Estates community truly stands out from the rest in this regard.

Modes of Transportation

While most Americans do drive to work alone each day, the Village Highlands / Millbrook Estates neighborhood stands out by having 94.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.3% of all American neighborhoods.

Diversity

Did you know that the Village Highlands / Millbrook Estates neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Portuguese ancestry.

Village Highlands / Millbrook Estates is also pretty special linguistically. Significantly, 2.0% 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 98.9% 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 Village Highlands / Millbrook Estates neighborhood in Modesto are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.5% 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 Village Highlands / Millbrook Estates neighborhood, 44.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.7%), and 14.6% 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 Village Highlands / Millbrook Estates neighborhood is English, spoken by 69.2% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), French and Urdu (the national language of Pakistan).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Village Highlands / Millbrook Estates neighborhood in Modesto, CA, residents most commonly identify their ethnicity or ancestry as Asian (21.4%). There are also a number of people of Mexican ancestry (19.6%), and residents who report Irish roots (7.9%), and some of the residents are also of Italian ancestry (7.1%), along with some German ancestry residents (6.5%), among others. In addition, 22.0% 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 Village Highlands / Millbrook Estates neighborhood spend under 15 minutes commuting one-way to work (44.3% of working residents), one of the shortest commutes across America.

Here most residents (94.4%) 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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