Historic Murrieta / South Murrieta Business Corridor median real estate price is $473,309, which is less expensive than 84.7% of California neighborhoods and 37.7% of all U.S. neighborhoods.
The average rental price in Historic Murrieta / South Murrieta Business Corridor is currently $3,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.9% of California neighborhoods.
Historic Murrieta / South Murrieta Business Corridor is a suburban neighborhood (based on population density) located in Murrieta, California.
Historic Murrieta / South Murrieta Business Corridor real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 Historic Murrieta / South Murrieta Business Corridor neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Historic Murrieta / South Murrieta Business Corridor are 3.3%, which is lower than one will find in 75.9% of American neighborhoods. Demand for real estate in Historic Murrieta / South Murrieta Business Corridor is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
Divorcees may find friendship and understanding in this neighborhood, as 22.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.7% of the neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Historic Murrieta / South Murrieta Business Corridor 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 Historic Murrieta / South Murrieta Business Corridor neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.4% 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 97.0% of all neighborhoods in America.
Did you know that the Historic Murrieta / South Murrieta Business Corridor neighborhood has more Lebanese and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Lebanese ancestry and 1.1% have Slovak ancestry.
Historic Murrieta / South Murrieta Business Corridor is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.7% 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 Historic Murrieta / South Murrieta Business Corridor neighborhood in Murrieta are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.4% of U.S. neighborhoods. In addition, 6.5% 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 58.8% 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 Historic Murrieta / South Murrieta Business Corridor neighborhood, 40.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.6%), and 14.9% in manufacturing and laborer occupations.
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 Historic Murrieta / South Murrieta Business Corridor neighborhood is English, spoken by 77.2% of households. Other important languages spoken here include Spanish and Korean.
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 Historic Murrieta / South Murrieta Business Corridor neighborhood in Murrieta, CA, residents most commonly identify their ethnicity or ancestry as Mexican (31.3%). There are also a number of people of German ancestry (16.8%), and residents who report English roots (12.6%), and some of the residents are also of Irish ancestry (8.6%), along with some Asian ancestry residents (5.0%), among others. In addition, 12.9% 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 Historic Murrieta / South Murrieta Business Corridor neighborhood spend under 15 minutes commuting one-way to work (34.4% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (11.4%) who commute over an hour in each direction.
Here most residents (73.0%) 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 (10.1%) and 5.5% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.