Erbes Rd / Sunset Hills Blvd median real estate price is $983,372, which is more expensive than 87.5% of the neighborhoods in California and 98.0% of the neighborhoods in the U.S.
The average rental price in Erbes Rd / Sunset Hills Blvd is currently $3,266, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 97.7% of the neighborhoods in California.
Erbes Rd / Sunset Hills Blvd is a suburban neighborhood (based on population density) located in Thousand Oaks, California.
Erbes Rd / Sunset Hills Blvd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Erbes Rd / Sunset Hills Blvd 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 Erbes Rd / Sunset Hills Blvd, the current vacancy rate is 3.3%, which is a lower rate of vacancies than 86.1% of all neighborhoods in the U.S. This means that the housing supply in Erbes Rd / Sunset Hills Blvd 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.
NOTABLE & UNIQUE: PEOPLE
According to NeighborhoodScout’s exclusive analysis, Erbes Rd / Sunset Hills Blvd is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 99.9% 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 / Sunset Hills Blvd neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, if you come to know the people here, you will recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, a mere 0.8% of America’s neighborhoods are wealthier than the Erbes Rd / Sunset Hills Blvd neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Erbes Rd / Sunset Hills Blvd also has one of the lowest ratings of child poverty in the nation.
Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout’s research, the folks of the Erbes Rd / Sunset Hills Blvd neighborhood may actually hold the key. 74.2% of its residents are married, which is a higher percentage than is found in 99.5% of the neighborhoods in America.
Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout’s research revealed that a full 69.4% of the adults living in the Erbes Rd / Sunset Hills Blvd neighborhood have earned at least a bachelor’s degree. This is a higher rate than NeighborhoodScout found in 96.2% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
NOTABLE & UNIQUE: DIVERSITY
Did you know that the Erbes Rd / Sunset Hills Blvd neighborhood has more Russian and Eastern European ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 10.6% of this neighborhood’s residents have Russian ancestry and 2.2% have Eastern European ancestry.
Erbes Rd / Sunset Hills Blvd is also pretty special linguistically. Significantly, 10.9% 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 98.4% of the neighborhoods in America.
NOTABLE & UNIQUE: OCCUPATIONS
The Erbes Rd / Sunset Hills Blvd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.9% of the neighborhoods in American. In fact, 64.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
NOTABLE & UNIQUE: REAL ESTATE
In addition, one way that the Erbes Rd / Sunset Hills Blvd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.6% 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.
Furthermore, 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 / Sunset Hills Blvd 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 98.7% of all American neighborhoods.
Also of note, owner-occupied real estate dominates the Erbes Rd / Sunset Hills Blvd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.2% of neighborhoods in America.
THE NEIGHBORS: INCOME
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 Erbes Rd / Sunset Hills Blvd 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 99.2% 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
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 Erbes Rd / Sunset Hills Blvd neighborhood, 64.7% 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 21.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.2%), and 4.1% in manufacturing and laborer occupations.
THE NEIGHBORS: 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 Erbes Rd / Sunset Hills Blvd neighborhood in Thousand Oaks, CA, residents most commonly identify their ethnicity or ancestry as Asian (18.0%). There are also a number of people of German ancestry (12.6%), and residents who report Russian roots (10.6%), and some of the residents are also of Irish ancestry (8.4%), along with some English ancestry residents (6.8%), among others. In addition, 20.5% of the residents of this neighborhood were born in another country.
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 / Sunset Hills Blvd neighborhood is English, spoken by 74.7% of households. Other important languages spoken here include Chinese, Spanish and Russian.
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 Erbes Rd / Sunset Hills Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (35.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.1%) 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 (9.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
