What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Edison Northeast median real estate price is $348,592, which is less expensive than 93.2% of California neighborhoods and 54.2% of all U.S. neighborhoods.
The average rental price in Edison Northeast is currently $1,269, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.4% of California neighborhoods.
Edison Northeast is an urban neighborhood (based on population density) located in Fresno, California.
Edison Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Edison Northeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Edison Northeast, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 81.8% of all neighborhoods in the U.S. This means that the housing supply in Edison Northeast 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 Fresno, the Edison Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
The Edison Northeast neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. Also of note, 61.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, neighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Edison Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.8% of the neighborhoods in America.
Occupations
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Edison Northeast neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.0% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.3% of U.S. neighborhoods.
Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Edison Northeast neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.0% of all American neighborhoods.
Modes of Transportation
In the Edison Northeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.3% of commuters carpool here, which is more than in 95.9% of all U.S. neighborhoods.
Diversity
Did you know that the Edison Northeast neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.1% of this neighborhood's residents have Mexican ancestry.
Edison Northeast is also pretty special linguistically. Significantly, 56.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.0% of all U.S. neighborhoods.
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 Edison Northeast neighborhood in Fresno are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 61.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Edison Northeast neighborhood, 37.2% 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 manufacturing and laborer occupations, with 36.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.9%), and 7.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Edison Northeast neighborhood is Spanish, spoken by 56.1% of households. Some people also speak English (37.7%).
Ethnicity / Ancestry
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 Edison Northeast neighborhood in Fresno, CA, residents most commonly identify their ethnicity or ancestry as Mexican (61.1%). There are also a number of people of Asian ancestry (7.5%), and residents who report Sub-Saharan African roots (3.7%), and some of the residents are also of African ancestry (3.7%), along with some Scots-Irish ancestry residents (1.5%), among others. In addition, 18.0% 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 Edison Northeast neighborhood spend under 15 minutes commuting one-way to work (43.1% of working residents), one of the shortest commutes across America.
Here most residents (66.5%) 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 (23.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
