Erbes Rd / La Granada Dr median real estate price is $896,491, which is more expensive than 83.9% of the neighborhoods in California and 97.4% of the neighborhoods in the U.S.
The average rental price in Erbes Rd / La Granada Dr is currently $2,907, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 94.3% of the neighborhoods in California.
Erbes Rd / La Granada Dr is a suburban neighborhood (based on population density) located in Thousand Oaks, California.
Erbes Rd / La Granada Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Erbes Rd / La Granada Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Erbes Rd / La Granada Dr, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 95.1% of all neighborhoods in the U.S. This means that the housing supply in Erbes Rd / La Granada Dr is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout’s exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
NOTABLE & UNIQUE: PEOPLE
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones’, this neighborhood will interest you. In fact, according to NeighborhoodScout’s research, the Erbes Rd / La Granada Dr neighborhood is wealthier than 95.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Erbes Rd / La Granada Dr also has one of the lowest ratings of child poverty in the nation.
In addition, according to NeighborhoodScout’s exclusive analysis, Erbes Rd / La Granada Dr is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 97.1% of neighborhoods in the entire state of California. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a “Leave It to Beaver” episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Erbes Rd / La Granada Dr neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
NOTABLE & UNIQUE: MODES OF TRANSPORTATION
A unique way of commuting is simply not to. And in the Erbes Rd / La Granada Dr neighborhood, analysis shows that 14.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.0% of the neighborhoods in the United States. One thing NeighborhoodScout’s research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
NOTABLE & UNIQUE: DIVERSITY
Did you know that the Erbes Rd / La Granada Dr neighborhood has more Portuguese and Hungarian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 2.7% of this neighborhood’s residents have Portuguese ancestry and 2.2% have Hungarian ancestry.
NOTABLE & UNIQUE: REAL ESTATE
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most – by far – consist of a mixture of housing types. But the Erbes Rd / La Granada Dr neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.2% of all American neighborhoods.
Furthermore, one way that the Erbes Rd / La Granada Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you’ll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, with a real estate vacancy rate of only 1.2%, the Erbes Rd / La Granada Dr neighborhood has a lower vacancy rate than 95.1% 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.
THE NEIGHBORS: INCOME
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 Erbes Rd / La Granada Dr neighborhood in Thousand Oaks 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 95.1% of the neighborhoods in America. 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 99.9% of America’s neighborhoods.
THE NEIGHBORS: OCCUPATIONS
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 Erbes Rd / La Granada Dr neighborhood, 50.4% 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 30.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.2%), and 8.7% in clerical, assistant, and tech support occupations.
THE NEIGHBORS: 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 Erbes Rd / La Granada Dr neighborhood in Thousand Oaks, CA, residents most commonly identify their ethnicity or ancestry as English (17.6%). There are also a number of people of German ancestry (16.8%), and residents who report Irish roots (14.9%), and some of the residents are also of Italian ancestry (6.2%), along with some Mexican ancestry residents (4.4%), among others.
THE NEIGHBORS: 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 Erbes Rd / La Granada Dr neighborhood is English, spoken by 91.1% of households. Other important languages spoken here include Spanish and Chinese.
GETTING TO WORK
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 Erbes Rd / La Granada Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (30.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
