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Real Estate Prices & Overview

Elmco / Lois median real estate price is $290,096, which is less expensive than 94.7% of California neighborhoods and 63.5% of all U.S. neighborhoods.

The average rental price in Elmco / Lois is currently $1,065, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.6% of California neighborhoods.

Elmco / Lois is a remote neighborhood (based on population density) located in Porterville, California.

Elmco / Lois real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Elmco / Lois neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Elmco / Lois has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Porterville, the Elmco / Lois neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Elmco / Lois neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 99.1% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.2% of all neighborhoods in America, with 43.0% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Modes of Transportation

In the Elmco / Lois neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.7% of commuters carpool here, which is more than in 97.9% of all U.S. neighborhoods.

Diversity

Did you know that the Elmco / Lois neighborhood has more Yugoslav and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Yugoslav ancestry and 1.4% have Croatian 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 Elmco / Lois neighborhood in Porterville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.7% of U.S. neighborhoods. With 40.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% of U.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 Elmco / Lois neighborhood, 35.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.5%), and 11.5% in farming, forestry, or commercial fishing.

Languages

The most common language spoken in the Elmco / Lois neighborhood is English, spoken by 60.2% of households. Some people also speak Spanish (39.8%).

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 Elmco / Lois neighborhood in Porterville, CA, residents most commonly identify their ethnicity or ancestry as Mexican (53.5%). There are also a number of people of English ancestry (8.0%), and residents who report Irish roots (7.4%), and some of the residents are also of German ancestry (3.0%), along with some Dutch ancestry residents (1.5%), among others. In addition, 20.3% 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 Elmco / Lois neighborhood spend under 15 minutes commuting one-way to work (47.6% of working residents), one of the shortest commutes across America.

Here most residents (69.5%) 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 (26.7%) . 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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