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Real Estate Prices & Overview

Downtown Lancaster / South Downtown Lancaster median real estate price is $378,717, which is less expensive than 91.2% of California neighborhoods and 47.9% of all U.S. neighborhoods.

The average rental price in Downtown Lancaster / South Downtown Lancaster is currently $1,504, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.6% of California neighborhoods.

Downtown Lancaster / South Downtown Lancaster is an urban neighborhood (based on population density) located in Lancaster, California.

Downtown Lancaster / South Downtown Lancaster 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 renter occupied. Many of the residences in the Downtown Lancaster / South Downtown Lancaster neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Downtown Lancaster / South Downtown Lancaster are 4.7%, which is lower than one will find in 68.6% of American neighborhoods. Demand for real estate in Downtown Lancaster / South Downtown Lancaster 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 Lancaster, the Downtown Lancaster / South Downtown Lancaster neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Downtown Lancaster / South Downtown Lancaster neighborhood stands out for having an average per capita income lower than 98.5% of the neighborhoods in the United States.

In addition, one of the most interesting things about the Downtown Lancaster / South Downtown Lancaster neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 57.2% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.3% of the neighborhoods in America.

Real Estate

Renter-occupied real estate is dominant in the Downtown Lancaster / South Downtown Lancaster neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.8%, which is higher than 97.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Significantly, 2.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.1% 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 Downtown Lancaster / South Downtown Lancaster neighborhood in Lancaster are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 44.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.7% 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 Downtown Lancaster / South Downtown Lancaster neighborhood, 33.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.0%), and 17.3% in manufacturing and laborer 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 Downtown Lancaster / South Downtown Lancaster neighborhood is English, spoken by 75.6% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

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 Downtown Lancaster / South Downtown Lancaster neighborhood in Lancaster, CA, residents most commonly identify their ethnicity or ancestry as Mexican (34.0%). There are also a number of people of Asian ancestry (4.9%), and residents who report Irish roots (4.4%), and some of the residents are also of Sub-Saharan African ancestry (3.8%), along with some African ancestry residents (3.1%), among others. In addition, 13.9% 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 Downtown Lancaster / South Downtown Lancaster neighborhood spend under 15 minutes commuting one-way to work (48.9% of working residents), one of the shortest commutes across America.

Here most residents (77.9%) 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 (9.8%) . 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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