Wood Ranch Pky / Sycamore Grove St median real estate price is $971,902, which is more expensive than 87.2% of the neighborhoods in California and 97.9% of the neighborhoods in the U.S.
The average rental price in Wood Ranch Pky / Sycamore Grove St is currently $3,230, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 97.5% of the neighborhoods in California.
Wood Ranch Pky / Sycamore Grove St is a suburban neighborhood (based on population density) located in Simi Valley, California.
Wood Ranch Pky / Sycamore Grove St real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Wood Ranch Pky / Sycamore Grove St 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 Wood Ranch Pky / Sycamore Grove St, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 96.4% of all neighborhoods in the U.S. This means that the housing supply in Wood Ranch Pky / Sycamore Grove St 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 Wood Ranch Pky / Sycamore Grove St neighborhood is wealthier than 99.1% 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, Wood Ranch Pky / Sycamore Grove St also has one of the lowest ratings of child poverty in the nation.
In addition, according to NeighborhoodScout’s exclusive analysis, Wood Ranch Pky / Sycamore Grove St 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 Wood Ranch Pky / Sycamore Grove St 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.
NOTABLE & UNIQUE: DIVERSITY
Did you know that the Wood Ranch Pky / Sycamore Grove St neighborhood has more Iranian and Canadian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 2.2% of this neighborhood’s residents have Iranian ancestry and 2.0% have Canadian ancestry.
Wood Ranch Pky / Sycamore Grove St is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
NOTABLE & UNIQUE: REAL ESTATE
In addition, one way that the Wood Ranch Pky / Sycamore Grove St neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.6% 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, owner-occupied real estate dominates the Wood Ranch Pky / Sycamore Grove St neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.3% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.5% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Wood Ranch Pky / Sycamore Grove St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Wood Ranch Pky / Sycamore Grove St stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 86.3% of the residential real estate here was built in this one time period.
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 Wood Ranch Pky / Sycamore Grove St 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 99.1% 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 Wood Ranch Pky / Sycamore Grove St neighborhood, 59.7% 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 26.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.4%), and 6.7% in government jobs, whether they are in local, state, or federal positions.
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 Wood Ranch Pky / Sycamore Grove St neighborhood in Simi Valley, CA, residents most commonly identify their ethnicity or ancestry as German (11.2%). There are also a number of people of English ancestry (11.1%), and residents who report Asian roots (10.5%), and some of the residents are also of Irish ancestry (9.9%), along with some Italian ancestry residents (6.3%), among others. In addition, 16.7% 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 Wood Ranch Pky / Sycamore Grove St neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include Chinese, Spanish and Persian.
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 Wood Ranch Pky / Sycamore Grove St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.3%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
