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Real Estate Prices & Overview

Butterfield median real estate price is $512,563, which is less expensive than 81.6% of California neighborhoods and 32.0% of all U.S. neighborhoods.

The average rental price in Butterfield is currently $2,397, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.0% of California neighborhoods.

Butterfield is an urban neighborhood (based on population density) located in Moreno Valley, California.

Butterfield real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Butterfield 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.

Real estate vacancies in Butterfield are 3.5%, which is lower than one will find in 76.6% of American neighborhoods. Demand for real estate in Butterfield is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 Moreno Valley, the Butterfield neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Butterfield neighborhood than in 96.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

According to NeighborhoodScout's research, Butterfield is better suited for first-time home buyers than 87.2% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in California. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

Diversity

Did you know that the Butterfield neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.8% of this neighborhood's residents have Mexican ancestry.

Butterfield is also pretty special linguistically. Significantly, 72.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.8% of all U.S. neighborhoods.

The Neighbors

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 Butterfield neighborhood in Moreno Valley are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.2% of U.S. neighborhoods. In addition, 4.1% 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 67.6% of America's neighborhoods.

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 Butterfield neighborhood, 44.3% of the working population is employed in manufacturing and laborer 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 22.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.9%), and 16.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Butterfield neighborhood is Spanish, spoken by 72.9% of households. Some people also speak English (23.7%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Butterfield neighborhood in Moreno Valley, CA, residents most commonly identify their ethnicity or ancestry as Mexican (77.8%). There are also a number of people of Asian ancestry (4.3%), and residents who report German roots (2.1%). In addition, 41.1% of the residents of this neighborhood were born in another country.

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 Butterfield neighborhood spend between 30 and 45 minutes commuting one-way to work (41.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.5%) 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 (11.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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