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Real Estate Prices & Overview

5th St E / E Ave R 8 median real estate price is $537,385, which is less expensive than 79.3% of California neighborhoods and 30.2% of all U.S. neighborhoods.

The average rental price in 5th St E / E Ave R 8 is currently $2,862, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.5% of California neighborhoods.

5th St E / E Ave R 8 is a suburban neighborhood (based on population density) located in Palmdale, California.

5th St E / E Ave R 8 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 5th St E / E Ave R 8 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In 5th St E / E Ave R 8, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.8% of all neighborhoods in the U.S. This means that the housing supply in 5th St E / E Ave R 8 is very tight compared to the demand for property here.

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 Palmdale, the 5th St E / E Ave R 8 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 5th St E / E Ave R 8 neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 23.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.8% of all neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 5th St E / E Ave R 8 neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.2% of the households here have four, five, or more cars. That is more cars per household than in 95.0% of the neighborhoods in the nation.

Diversity

Did you know that the 5th St E / E Ave R 8 neighborhood has more Native American and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Native American ancestry and 3.3% have Haitian ancestry.

The Neighbors

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 5th St E / E Ave R 8 neighborhood in Palmdale are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.0% of the neighborhoods in America. With 30.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.2% of U.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 5th St E / E Ave R 8 neighborhood, 27.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.9%), and 22.7% in executive, management, and professional occupations.

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 5th St E / E Ave R 8 neighborhood is Spanish, spoken by 49.7% of households. Other important languages spoken here include English and French.

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 5th St E / E Ave R 8 neighborhood in Palmdale, CA, residents most commonly identify their ethnicity or ancestry as Mexican (38.6%). There are also a number of people of Asian ancestry (6.8%), and residents who report German roots (5.4%), and some of the residents are also of English ancestry (4.1%), along with some Irish ancestry residents (4.1%), among others. In addition, 23.8% of the residents of this neighborhood were born in another country.

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 5th St E / E Ave R 8 neighborhood spend between 45 minutes and one hour commuting one-way to work (31.8% of working residents), longer and tougher than most commutes in America.

Here most residents (72.5%) 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 (17.9%) . 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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