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Real Estate Prices & Overview

San Marco median real estate price is $816,719, which is more expensive than 45.4% of the neighborhoods in California and 85.3% of the neighborhoods in the U.S.

The average rental price in San Marco is currently $3,982, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.9% of the neighborhoods in California.

San Marco is a suburban neighborhood (based on population density) located in Tracy, California.

San Marco real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the San Marco neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in San Marco are 3.1%, which is lower than one will find in 79.2% of American neighborhoods. Demand for real estate in San Marco is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.6% of America's neighborhoods are wealthier than the San Marco neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, San Marco also has one of the lowest ratings of child poverty in the nation.

In addition, according to NeighborhoodScout's exclusive analysis, San Marco is among the best neighborhoods for families in California. In fact, this neighborhood is more family-friendly than 98.4% 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 San Marco neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the San Marco neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 51.6% of the households here have four, five, or more cars. That is more cars per household than in 99.7% of the neighborhoods in the nation.

Real Estate

Homes built from 2000 through today make up a higher proportion of the San Marco neighborhood's real estate landscape than 98.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 87.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, the San Marco neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.7% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.2% of all neighborhoods in America.

Furthermore, one way that the San Marco neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.8% 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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The San Marco neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the San Marco neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.9% of all neighborhoods in America.

Diversity

Did you know that the San Marco neighborhood has more Cuban and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Cuban ancestry and 33.5% have Asian ancestry.

San Marco is also pretty special linguistically. Significantly, 11.7% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the San Marco neighborhood in Tracy 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 96.4% of the neighborhoods in America. 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.

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 San Marco neighborhood, 35.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 12.7% in clerical, assistant, and tech support 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 San Marco neighborhood is English, spoken by 51.0% of households. Other important languages spoken here include Spanish, Langs. of India, Tagalog (the first language of the Philippine region) 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 San Marco neighborhood in Tracy, CA, residents most commonly identify their ethnicity or ancestry as Asian (33.5%). There are also a number of people of Mexican ancestry (31.0%), and residents who report Cuban roots (6.8%), and some of the residents are also of Italian ancestry (3.1%), along with some Portuguese ancestry residents (2.2%), among others. In addition, 39.6% 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 San Marco neighborhood spend between 45 minutes and one hour commuting one-way to work (42.2% of working residents), longer and tougher than most commutes in America.

Here most residents (67.9%) 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 (15.4%) . 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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