Belding Woods median real estate price is $640,826, which is more expensive than 28.4% of the neighborhoods in California and 72.9% of the neighborhoods in the U.S.
The average rental price in Belding Woods is currently $3,383, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.3% of California neighborhoods.
Belding Woods is a densely urban neighborhood (based on population density) located in Richmond, California.
Belding Woods real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Belding Woods neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Belding Woods, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.5% of all neighborhoods in the U.S. This means that the housing supply in Belding Woods is very tight compared to the demand for property here.
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 Richmond, the Belding Woods neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Belding Woods neighborhood, 17.0% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.0% of the neighborhoods in America.
NeighborhoodScout's exclusive research identifies the Belding Woods neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 41.4% of its working residents employed in such fields, which is a higher proportion than 95.0% of American neighborhoods.
Significantly, 79.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.6% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Belding Woods neighborhood. What is interesting to note, is that the Belding Woods neighborhood has a greater percentage of residents born in another country (46.7%) than are found in 96.6% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Belding Woods neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.7% of the neighborhoods in America. With 19.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.8% 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 Belding Woods neighborhood, 41.4% of the working population is employed in manufacturing and laborer 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 28.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.0%), and 14.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Belding Woods neighborhood is Spanish, spoken by 79.4% of households. Some people also speak English (18.3%).
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 Belding Woods neighborhood in Richmond, CA, residents most commonly identify their ethnicity or ancestry as Mexican (49.6%). There are also a number of people of Irish ancestry (2.1%), and residents who report Asian roots (2.0%), and some of the residents are also of German ancestry (1.7%), along with some South American ancestry residents (1.7%), among others. In addition, 46.7% of the residents of this neighborhood were born in another country.
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 Belding Woods neighborhood spend between 30 and 45 minutes commuting one-way to work (28.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (61.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.0%) and 9.2% of residents also carpool with coworkers, friends, or neighbors 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.