Mission Valley West median real estate price is $648,053, which is more expensive than 29.9% of the neighborhoods in California and 76.0% of the neighborhoods in the U.S.
The average rental price in Mission Valley West is currently $4,795, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.1% of the neighborhoods in California.
Mission Valley West is a suburban neighborhood (based on population density) located in San Diego, California.
Mission Valley 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mission Valley West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Home and apartment vacancy rates are 9.4% in Mission Valley West. NeighborhoodScout analysis shows that this rate is lower than 41.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
With 11.7% of employed workers living in the Mission Valley West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
The real estate in the Mission Valley West 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, 96.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.4% of American neighborhoods.
In addition, the Mission Valley West 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 88.7% 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.
For many reasons, Mission Valley West is rated by NeighborhoodScout as one of the top 3.6% of ideal neighborhoods for first-time home buyers in the state of California. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other CA neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for young, single professionals.
In addition, neighborhoodScout's analysis shows that the Mission Valley West neighborhood has a greater concentration of residents currently enrolled in college than 95.0% of the neighborhoods in the U.S. With 10.8% of the population here attending college, this is very much a college-focused neighborhood.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Mission Valley West neighborhood. In the Mission Valley West neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Mission Valley West neighborhood has more Czechoslovakian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Czechoslovakian ancestry and 1.6% have Brazilian ancestry.
Mission Valley West is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.6% 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 Mission Valley West neighborhood in San Diego are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.6% of the neighborhoods in America. With 37.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.7% of U.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 Mission Valley West neighborhood, 55.4% 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 27.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 11.7% in the military.
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 Mission Valley West neighborhood is English, spoken by 79.8% of households. Other important languages spoken here include Spanish and Persian.
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 Mission Valley West neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Mexican (23.9%). There are also a number of people of German ancestry (14.3%), and residents who report Italian roots (13.2%), and some of the residents are also of Irish ancestry (10.6%), along with some English ancestry residents (8.0%), among others. In addition, 16.7% of the residents of this neighborhood were born in another country.
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 Mission Valley West neighborhood spend between 15 and 30 minutes commuting one-way to work (57.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.