Downtown Banning median real estate price is $364,863, which is less expensive than 92.1% of California neighborhoods and 50.0% of all U.S. neighborhoods.
The average rental price in Downtown Banning is currently $1,710, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.4% of California neighborhoods.
Downtown Banning is a suburban neighborhood (based on population density) located in Banning, California.
Downtown Banning real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Downtown Banning neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Downtown Banning are 4.1%, which is lower than one will find in 72.7% of American neighborhoods. Demand for real estate in Downtown Banning 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.
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.
Did you know that the Downtown Banning neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.1% of this neighborhood's residents have Mexican ancestry.
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 Banning neighborhood in Banning are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.4% of U.S. neighborhoods. With 26.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.8% of U.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 Downtown Banning neighborhood, 37.8% of the working population is employed in manufacturing and laborer 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 26.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.8%), and 15.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Downtown Banning neighborhood is English, spoken by 51.2% of households. Some people also speak Spanish (47.1%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Downtown Banning neighborhood in Banning, CA, residents most commonly identify their ethnicity or ancestry as Mexican (69.1%). There are also a number of people of Irish ancestry (6.3%), and residents who report Norwegian roots (4.0%), and some of the residents are also of German ancestry (2.7%), along with some English ancestry residents (2.5%), among others. In addition, 21.3% 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 Downtown Banning neighborhood spend under 15 minutes commuting one-way to work (34.7% of working residents), one of the shortest commutes across America.
Here most residents (72.2%) 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 (17.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.