Walnut Ave / Texas Ave median real estate price is $694,386, which is more expensive than 72.4% of the neighborhoods in California and 94.7% of the neighborhoods in the U.S.
The average rental price in Walnut Ave / Texas Ave is currently $2,274, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 79.5% of the neighborhoods in California.
Walnut Ave / Texas Ave is a suburban neighborhood (based on population density) located in Simi Valley, California.
Walnut Ave / Texas Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Walnut Ave / Texas Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Walnut Ave / Texas Ave, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 93.9% of all neighborhoods in the U.S. This means that the housing supply in Walnut Ave / Texas Ave 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: DIVERSITY
Did you know that the Walnut Ave / Texas Ave neighborhood has more Austrian and Romanian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 2.2% of this neighborhood’s residents have Austrian ancestry and 1.3% have Romanian ancestry.
Walnut Ave / Texas Ave is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.
NOTABLE & UNIQUE: PEOPLE
According to NeighborhoodScout’s exclusive analysis, Walnut Ave / Texas Ave is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 97.5% 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 Walnut Ave / Texas Ave 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.
NOTABLE & UNIQUE: REAL ESTATE
In addition, one way that the Walnut Ave / Texas Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.8% 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, this Walnut Ave / Texas Ave neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.2% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.3% of all 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 Walnut Ave / Texas Ave neighborhood in Simi Valley 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 90.9% of the neighborhoods in America. In addition, 2.6% 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 84.9% 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 Walnut Ave / Texas Ave neighborhood, 43.3% 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 24.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.0%), and 15.8% in clerical, assistant, and tech support 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 Walnut Ave / Texas Ave neighborhood in Simi Valley, CA, residents most commonly identify their ethnicity or ancestry as German (18.8%). There are also a number of people of Irish ancestry (12.1%), and residents who report English roots (10.9%), and some of the residents are also of Mexican ancestry (10.6%), along with some Asian ancestry residents (6.1%), among others. In addition, 12.8% 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 Walnut Ave / Texas Ave neighborhood is English, spoken by 84.8% of households. Other important languages spoken here include Spanish and Arabic.
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 Walnut Ave / Texas Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (34.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (90.4%) 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 (7.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.