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Real Estate Prices & Overview

Madonna Vista / Monterey Terrace median real estate price is $926,416, which is more expensive than 55.6% of the neighborhoods in California and 88.9% of the neighborhoods in the U.S.

The average rental price in Madonna Vista / Monterey Terrace is currently $4,118, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.5% of the neighborhoods in California.

Madonna Vista / Monterey Terrace is an urban neighborhood (based on population density) located in Watsonville, California.

Madonna Vista / Monterey Terrace 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 occupied by a mixture of owners and renters. Many of the residences in the Madonna Vista / Monterey Terrace 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.

In Madonna Vista / Monterey Terrace, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in Madonna Vista / Monterey Terrace is very tight compared to the demand for property here.

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 Watsonville, the Madonna Vista / Monterey Terrace 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 Madonna Vista / Monterey Terrace 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 97.7% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Madonna Vista / Monterey Terrace neighborhood has more Mexican and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.3% of this neighborhood's residents have Mexican ancestry and 4.1% have Portuguese ancestry.

Madonna Vista / Monterey Terrace is also pretty special linguistically. Significantly, 68.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.2% of all U.S. neighborhoods.

The Neighbors

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 Madonna Vista / Monterey Terrace neighborhood in Watsonville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.5% of the neighborhoods in America. With 33.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.2% 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 Madonna Vista / Monterey Terrace neighborhood, 32.1% 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 28.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Madonna Vista / Monterey Terrace neighborhood is Spanish, spoken by 68.7% of households. Some people also speak English (28.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Madonna Vista / Monterey Terrace neighborhood in Watsonville, CA, residents most commonly identify their ethnicity or ancestry as Mexican (81.3%). There are also a number of people of German ancestry (6.2%), and residents who report Portuguese roots (4.1%), and some of the residents are also of Norwegian ancestry (2.2%), along with some English ancestry residents (1.9%), among others. In addition, 32.0% 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 Madonna Vista / Monterey Terrace neighborhood spend under 15 minutes commuting one-way to work (35.3% of working residents), one of the shortest commutes across America.

Here most residents (83.1%) 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 (14.5%) . 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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