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Real Estate Prices & Overview

Old Sacramento median real estate price is $749,146, which is more expensive than 37.3% of the neighborhoods in California and 81.7% of the neighborhoods in the U.S.

The average rental price in Old Sacramento is currently $632, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 100.0% of California neighborhoods.

Old Sacramento is a densely urban neighborhood (based on population density) located in Sacramento, California.

Old Sacramento real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Old Sacramento neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.1% in Old Sacramento. NeighborhoodScout analysis shows that this rate is lower than 41.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

People

The Old Sacramento neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Old Sacramento neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, an interesting characteristic about the Old Sacramento neighborhood is that there are more incarcerated people living here than 99.7% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Also, the Old Sacramento neighborhood is unique for having just 5.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.7% of America's neighborhoods.

Real Estate

The real estate in the Old Sacramento neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.

In addition, the Old Sacramento neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, 97.8% of the real estate in the Old Sacramento neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

More people in Old Sacramento choose to walk to work each day (20.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, our research shows that more people carpool to work here in the Old Sacramento (24.3%) than in 96.6% of the 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 Old Sacramento neighborhood has a highly unusual pattern of car ownership. 28.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.9% of U.S. neighborhoods.

Diversity

Did you know that the Old Sacramento neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have African ancestry.

Old Sacramento is also pretty special linguistically. Significantly, 10.0% of its residents five years old and above primarily speak Chinese 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 Old Sacramento neighborhood in Sacramento are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. 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 Old Sacramento neighborhood, 40.0% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.4%), and 10.0% in government jobs, whether they are in local, state, or federal positions.

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 Old Sacramento neighborhood is English, spoken by 65.9% of households. Other important languages spoken here include Spanish and Chinese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Old Sacramento neighborhood in Sacramento, CA, residents most commonly identify their ethnicity or ancestry as Asian (17.1%). There are also a number of people of Mexican ancestry (12.6%), and residents who report Irish roots (6.6%), and some of the residents are also of Sub-Saharan African ancestry (5.5%), along with some African ancestry residents (5.5%), among others. In addition, 18.7% 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 Old Sacramento neighborhood spend between 30 and 45 minutes commuting one-way to work (35.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (31.3%) 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 (24.3%) and 20.0% of residents also hop out the door and walk to work for their daily commute. 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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