Olive Grove Park median real estate price is $927,130, which is more expensive than 54.1% of the neighborhoods in California and 88.0% of the neighborhoods in the U.S.
The average rental price in Olive Grove Park is currently $4,428, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.4% of the neighborhoods in California.
Olive Grove Park is a suburban neighborhood (based on population density) located in Riverside, California.
Olive Grove Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Olive Grove Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Olive Grove Park, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.6% of all neighborhoods in the U.S. This means that the housing supply in Olive Grove Park is very tight compared to the demand for property here.
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 Riverside, the Olive Grove Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One way that the Olive Grove Park neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.4% 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.
According to NeighborhoodScout's exclusive analysis, Olive Grove Park is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 97.4% 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 Olive Grove Park 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 college students.
The Olive Grove Park neighborhood has a greater proportion of government workers living in it than 96.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Did you know that the Olive Grove Park neighborhood has more Lebanese and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Lebanese ancestry and 2.2% have Danish ancestry.
Olive Grove Park is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
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 Olive Grove Park neighborhood in Riverside 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 92.8% of the neighborhoods in America. In addition, 2.9% 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 71.7% of America'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 Olive Grove Park neighborhood, 44.0% 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 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.2%), and 14.4% in government jobs, whether they are in local, state, or federal positions.
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 Olive Grove Park neighborhood is English, spoken by 68.2% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Chinese and Arabic.
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 Olive Grove Park neighborhood in Riverside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (32.3%). There are also a number of people of Asian ancestry (17.0%), and residents who report English roots (7.8%), and some of the residents are also of German ancestry (7.5%), along with some Irish ancestry residents (3.8%), among others. In addition, 19.9% 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 Olive Grove Park neighborhood spend between 15 and 30 minutes commuting one-way to work (33.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.4%) 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 (11.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.