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Real Estate Prices & Overview

La Sierra Northwest median real estate price is $628,500, which is less expensive than 71.5% of California neighborhoods and 24.0% of all U.S. neighborhoods.

The average rental price in La Sierra Northwest is currently $2,752, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.6% of California neighborhoods.

La Sierra Northwest is an urban neighborhood (based on population density) located in Riverside, California.

La Sierra Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the La Sierra Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In La Sierra Northwest, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.1% of all neighborhoods in the U.S. This means that the housing supply in La Sierra Northwest is very tight compared to the demand for property here.

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 Riverside, the La Sierra Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

With a nice mix of college students, safety from crime, and decent walkability, the La Sierra Northwest neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.8% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the La Sierra Northwest neighborhood has more Romanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Romanian ancestry and 56.0% have Mexican ancestry.

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 La Sierra Northwest neighborhood in Riverside are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.6% of the neighborhoods in America. In addition, 6.4% 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 60.3% 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 La Sierra Northwest neighborhood, 30.3% 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 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.3%), and 15.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the La Sierra Northwest neighborhood is Spanish, spoken by 48.0% of households. Some people also speak English (42.8%).

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 La Sierra Northwest neighborhood in Riverside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (56.0%). There are also a number of people of English ancestry (5.1%), and residents who report Asian roots (4.4%), and some of the residents are also of German ancestry (3.7%), along with some South American ancestry residents (3.3%), among others. In addition, 26.7% 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 La Sierra Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (30.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.5%) 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 (9.5%) . 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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