Northwest Carmel / Northeast Carmel median real estate price is $2,429,735, which is more expensive than 94.7% of the neighborhoods in California and 99.0% of the neighborhoods in the U.S.
The average rental price in Northwest Carmel / Northeast Carmel is currently $5,512, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.3% of the neighborhoods in California.
Northwest Carmel / Northeast Carmel is a suburban neighborhood (based on population density) located in Carmel-by-the-Sea, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Northwest Carmel / Northeast Carmel real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Northwest Carmel / Northeast Carmel neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Northwest Carmel / Northeast Carmel. The current real estate vacancy rate here is 46.2%. This is higher than the rate of vacancies in 98.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (36.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Carmel-by-the-Sea, the Northwest Carmel / Northeast Carmel neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Northwest Carmel / Northeast Carmel neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Northwest Carmel / Northeast Carmel is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 46.2% of the residential real estate vacant, the Northwest Carmel / Northeast Carmel neighborhood claims the distinction of having a higher vacancy rate than 98.3% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In a nation where 1 out of every 4 children lives in poverty, the Northwest Carmel / Northeast Carmel neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Northwest Carmel / Northeast Carmel may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.2% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.
Also, the rate of college educated adults in the Northwest Carmel / Northeast Carmel neighborhood is a unique characteristic of the neighborhood. 83.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.7% of all U.S. neighborhoods.
Finally, northwest Carmel / Northeast Carmel has the amazing distinction of housing more same sex couples living together than 97.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
A unique way of commuting is simply not to. And in the Northwest Carmel / Northeast Carmel neighborhood, analysis shows that 30.0% 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 96.9% 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.
Did you know that the Northwest Carmel / Northeast Carmel neighborhood has more Croatian and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Croatian ancestry and 7.6% have Danish ancestry.
Northwest Carmel / Northeast Carmel is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.
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 Northwest Carmel / Northeast Carmel neighborhood in Carmel-by-the-Sea 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 91.4% 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 100.0% of America'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 Northwest Carmel / Northeast Carmel neighborhood, 62.6% 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 31.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.8%).
The most common language spoken in the Northwest Carmel / Northeast Carmel neighborhood is English, spoken by 96.3% of households. Some people also speak Italian (8.0%).
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 Northwest Carmel / Northeast Carmel neighborhood in Carmel-by-the-Sea, CA, residents most commonly identify their ethnicity or ancestry as German (19.1%). There are also a number of people of English ancestry (18.0%), and residents who report Irish roots (12.0%), and some of the residents are also of Danish ancestry (7.6%), along with some Croatian ancestry residents (5.9%), among others. In addition, 11.5% of the residents of this neighborhood were born in another country.
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 Northwest Carmel / Northeast Carmel neighborhood spend under 15 minutes commuting one-way to work (50.7% of working residents), one of the shortest commutes across America.
Here most residents (62.3%) 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.