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Real Estate Prices & Overview

Twin Palms / Palm Canyon Mobile Club median real estate price is $614,823, which is less expensive than 73.5% of California neighborhoods and 34.0% of all U.S. neighborhoods.

The average rental price in Twin Palms / Palm Canyon Mobile Club is currently $2,666, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.2% of California neighborhoods.

Twin Palms / Palm Canyon Mobile Club is a suburban neighborhood (based on population density) located in Palm Springs, California.

Twin Palms / Palm Canyon Mobile Club real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Twin Palms / Palm Canyon Mobile Club neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Twin Palms / Palm Canyon Mobile Club. The current real estate vacancy rate here is 36.2%. This is higher than the rate of vacancies in 96.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (29.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Palm Springs, the Twin Palms / Palm Canyon Mobile Club neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Twin Palms / Palm Canyon Mobile Club neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 4.2% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.8% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Twin Palms / Palm Canyon Mobile Club neighborhood should definitely be on your list of places to consider.

Also, for many reasons, Twin Palms / Palm Canyon Mobile Club is rated by NeighborhoodScout as one of the top 0.9% of ideal neighborhoods for first-time home buyers in the state of California. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other CA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.

Modes of Transportation

In the Twin Palms / Palm Canyon Mobile Club neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 36.2% of the residential real estate vacant, the Twin Palms / Palm Canyon Mobile Club neighborhood claims the distinction of having a higher vacancy rate than 96.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Diversity

Did you know that the Twin Palms / Palm Canyon Mobile Club neighborhood has more Armenian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Armenian ancestry and 3.6% have Russian ancestry.

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 Twin Palms / Palm Canyon Mobile Club neighborhood in Palm Springs are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.6% 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.

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 Twin Palms / Palm Canyon Mobile Club neighborhood, 55.5% 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 22.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.5%), and 7.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Twin Palms / Palm Canyon Mobile Club neighborhood is English, spoken by 85.5% of households. Some people also speak Spanish (8.1%).

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 Twin Palms / Palm Canyon Mobile Club neighborhood in Palm Springs, CA, residents most commonly identify their ethnicity or ancestry as English (16.9%). There are also a number of people of German ancestry (16.3%), and residents who report Irish roots (10.9%), and some of the residents are also of Mexican ancestry (7.7%), along with some Italian ancestry residents (7.6%), among others. In addition, 15.0% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Twin Palms / Palm Canyon Mobile Club neighborhood spend under 15 minutes commuting one-way to work (39.8% of working residents), one of the shortest commutes across America.

Here most residents (61.2%) 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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