University of California-Santa Barbara median real estate price is $1,358,934, which is more expensive than 79.8% of the neighborhoods in California and 95.8% of the neighborhoods in the U.S.
The average rental price in University of California-Santa Barbara is currently $6,445, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in California.
University of California-Santa Barbara is an urban neighborhood (based on population density) located in Santa Barbara, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
University of California-Santa Barbara real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the University of California-Santa Barbara neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In University of California-Santa Barbara, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in University of California-Santa Barbara is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Real Estate
University of California-Santa Barbara is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, University of California-Santa Barbara is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, 100.0% of the real estate in the University of California-Santa Barbara neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the University of California-Santa Barbara neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
People
In a nation where 1 out of every 4 children lives in poverty, the University of California-Santa Barbara neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, one of the really interesting characteristics about the University of California-Santa Barbara neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.0% of college-friendly places to live in the state of California.
Also, neighborhoodScout's analysis shows that the University of California-Santa Barbara neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 80.7% of the population here attending college, this is very much a college-focused neighborhood.
Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 32.2% of residents in the University of California-Santa Barbara neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 100.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, in the University of California-Santa Barbara 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 34.9% of residents here. This is a higher proportion of walking commuters than we found in 99.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The University of California-Santa Barbara neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University of California-Santa Barbara neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the University of California-Santa Barbara neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the University of California-Santa Barbara neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.2% of this neighborhood's residents have Asian ancestry.
University of California-Santa Barbara is also pretty special linguistically. Significantly, 16.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.9% 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 University of California-Santa Barbara neighborhood in Santa Barbara 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. 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.
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 University of California-Santa Barbara neighborhood, 59.0% 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 28.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.3%), and 2.2% in manufacturing and laborer 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 University of California-Santa Barbara neighborhood is English, spoken by 54.3% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and Vietnamese.
Ethnicity / Ancestry
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 University of California-Santa Barbara neighborhood in Santa Barbara, CA, residents most commonly identify their ethnicity or ancestry as Asian (36.2%). There are also a number of people of Mexican ancestry (13.1%), and residents who report Irish roots (3.8%), and some of the residents are also of German ancestry (3.2%), along with some British ancestry residents (2.1%), among others. In addition, 19.0% 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 University of California-Santa Barbara neighborhood spend under 15 minutes commuting one-way to work (64.8% of working residents), one of the shortest commutes across America.
Here most residents (34.9%) hop out the door and walk to work to get to work. In addition, quite a number also bicycle to get to work (32.2%) and 11.5% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
