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Real Estate Prices & Overview

North Richmond median real estate price is $575,751, which is more expensive than 24.2% of the neighborhoods in California and 70.9% of the neighborhoods in the U.S.

The average rental price in North Richmond is currently $2,826, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of California neighborhoods.

North Richmond is a suburban neighborhood (based on population density) located in Richmond, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

North Richmond real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the North Richmond neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

North Richmond has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

Real Estate

North Richmond is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, North Richmond 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.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 0.6% of the North Richmond neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

Also, our research shows that more people carpool to work here in the North Richmond (23.5%) than in 96.2% of the neighborhoods in America.

People

With more than 1.7% of residents living with a same sex partner, North Richmond is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.6% of U.S. neighborhoods.

Diversity

Significantly, 2.1% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

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 North Richmond neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.1% of the neighborhoods in America. With 15.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the North Richmond neighborhood, 34.2% 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 31.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.5%), and 12.5% 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 North Richmond neighborhood is Spanish, spoken by 58.1% of households. Other important languages spoken here include English, Vietnamese and Portuguese.

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 North Richmond neighborhood in Richmond, CA, residents most commonly identify their ethnicity or ancestry as Mexican (34.7%). There are also a number of people of Asian ancestry (6.8%), and residents who report Sub-Saharan African roots (3.0%), and some of the residents are also of African ancestry (2.6%), along with some Arab ancestry residents (1.8%), among others. In addition, 37.7% 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 North Richmond neighborhood spend between 15 and 30 minutes commuting one-way to work (33.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (59.7%) 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 (23.5%) . 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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