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Real Estate Prices & Overview

Golden Hill West median real estate price is $1,094,584, which is more expensive than 66.1% of the neighborhoods in California and 92.1% of the neighborhoods in the U.S.

The average rental price in Golden Hill West is currently $3,378, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.9% of California neighborhoods.

Golden Hill West is a densely urban neighborhood (based on population density) located in San Diego, California.

Golden Hill West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Golden Hill West neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Golden Hill West has a 14.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.8% 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 San Diego, the Golden Hill West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Golden Hill West neighborhood is one of the most walkable neighborhoods in America.

In addition, 85.2% of the real estate in the Golden Hill West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 59.8% of the residential real estate in the Golden Hill West neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

With 1.7% of employed workers living in the Golden Hill West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

The Golden Hill West neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 10.0% of college-friendly places to live in CA.

Diversity

Did you know that the Golden Hill West neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have British 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 Golden Hill West neighborhood in San Diego are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.5% of the neighborhoods in America. In addition, 8.2% 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 55.3% 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 Golden Hill West neighborhood, 43.4% 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 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.3%), and 11.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Golden Hill West neighborhood is English, spoken by 68.2% of households. Some people also speak Spanish (29.8%).

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 Golden Hill West neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Mexican (37.4%). There are also a number of people of Irish ancestry (12.5%), and residents who report German roots (8.0%), and some of the residents are also of English ancestry (7.6%), along with some Italian ancestry residents (4.0%), among others. In addition, 20.7% 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 Golden Hill West neighborhood spend between 15 and 30 minutes commuting one-way to work (44.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.4%) 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 (6.2%) and 5.9% of residents also ride the bus 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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