Banana Belt / Upper Ocean median real estate price is $1,288,082, which is more expensive than 77.0% of the neighborhoods in California and 95.1% of the neighborhoods in the U.S.
The average rental price in Banana Belt / Upper Ocean is currently $5,027, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.6% of the neighborhoods in California.
Banana Belt / Upper Ocean is an urban neighborhood (based on population density) located in Santa Cruz, California.
Banana Belt / Upper Ocean 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 occupied by a mixture of owners and renters. Many of the residences in the Banana Belt / Upper Ocean neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Banana Belt / Upper Ocean, the current vacancy rate is 1.0%, which is a lower rate of vacancies than 90.4% of all neighborhoods in the U.S. This means that the housing supply in Banana Belt / Upper Ocean 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 Santa Cruz, the Banana Belt / Upper Ocean neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of particular note, 3.0% of the people in the Banana Belt / Upper Ocean neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, an extraordinary 11.2% of the residents of the Banana Belt / Upper Ocean neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Banana Belt / Upper Ocean neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.7% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Banana Belt / Upper Ocean neighborhood is a fantastic option for bicycle commuters, as 2.6% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.1% of the neighborhoods in America.
Significantly, 1.1% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.
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 Banana Belt / Upper Ocean neighborhood in Santa Cruz are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 85.3% of the neighborhoods in America. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.4% 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 Banana Belt / Upper Ocean neighborhood, 53.3% 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 18.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 13.1% in manufacturing and laborer occupations.
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 Banana Belt / Upper Ocean neighborhood is English, spoken by 70.0% of households. Other important languages spoken here include Spanish, Italian, Chinese and Arabic.
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 Banana Belt / Upper Ocean neighborhood in Santa Cruz, CA, residents most commonly identify their ethnicity or ancestry as Mexican (20.0%). There are also a number of people of English ancestry (13.8%), and residents who report German roots (12.4%), and some of the residents are also of Irish ancestry (11.7%), along with some Italian ancestry residents (7.2%), among others. In addition, 17.0% of the residents of this neighborhood were born in another country.
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 Banana Belt / Upper Ocean neighborhood spend under 15 minutes commuting one-way to work (43.2% of working residents), one of the shortest commutes across America.
Here most residents (63.0%) 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 (9.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.