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Real Estate Prices & Overview

Hayes Valley Northwest median real estate price is $1,626,757, which is more expensive than 82.1% of the neighborhoods in California and 96.3% of the neighborhoods in the U.S.

The average rental price in Hayes Valley Northwest is currently $1,820, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.2% of California neighborhoods.

Hayes Valley Northwest is a densely urban neighborhood (based on population density) located in San Francisco, California.

Hayes Valley Northwest 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 renter occupied. Many of the residences in the Hayes Valley Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 7.8% in Hayes Valley Northwest. NeighborhoodScout analysis shows that this rate is lower than 48.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 San Francisco, the Hayes Valley Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (57.3% ride the bus) than 100.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Hayes Valley Northwest neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.0% of residents here. This is a higher proportion of walking commuters than we found in 95.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

98.1% of the real estate in the Hayes Valley Northwest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Hayes Valley Northwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,301 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.

Furthermore, one of the really unique and interesting things about the look and setting of the Hayes Valley Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 78.5% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.5% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Hayes Valley Northwest neighborhood buck this trend. 46.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.5% of U.S. neighborhoods.

Diversity

Did you know that the Hayes Valley Northwest neighborhood has more Armenian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Armenian ancestry and 0.8% have Czechoslovakian ancestry.

Hayes Valley Northwest is also pretty special linguistically. Significantly, 5.9% 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 99.2% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Hayes Valley Northwest neighborhood has a greater percentage of residents born in another country (50.9%) than are found in 97.7% of all U.S. neighborhoods.

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 Hayes Valley Northwest neighborhood in San Francisco are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 39.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.1% 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 Hayes Valley Northwest neighborhood, 37.9% 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 26.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.4%), and 16.8% 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 Hayes Valley Northwest neighborhood is English, spoken by 38.2% of households. Other important languages spoken here include Spanish, Vietnamese, Chinese and African languages.

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 Hayes Valley Northwest neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as Asian (21.2%). There are also a number of people of Sub-Saharan African ancestry (15.8%), and residents who report Mexican roots (14.8%), and some of the residents are also of Armenian ancestry (4.0%), along with some Puerto Rican ancestry residents (2.8%), among others. In addition, 50.9% 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 Hayes Valley Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (46.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (57.3%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (30.3%) and 11.0% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Hayes Valley Northwest neighborhood of San Francisco by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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