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Real Estate Prices & Overview

Martin Luther King Jr Blvd / E Byrd Ave median real estate price is $349,324, which is less expensive than 93.4% of California neighborhoods and 53.6% of all U.S. neighborhoods.

The average rental price in Martin Luther King Jr Blvd / E Byrd Ave is currently $1,885, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.0% of California neighborhoods.

Martin Luther King Jr Blvd / E Byrd Ave is a suburban neighborhood (based on population density) located in Fresno, California.

Martin Luther King Jr Blvd / E Byrd Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Martin Luther King Jr Blvd / E Byrd Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Martin Luther King Jr Blvd / E Byrd Ave are 5.5%, which is lower than one will find in 61.6% of American neighborhoods. Demand for real estate in Martin Luther King Jr Blvd / E Byrd Ave 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 Fresno, the Martin Luther King Jr Blvd / E Byrd Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Martin Luther King Jr Blvd / E Byrd Ave neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 12.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.3% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Martin Luther King Jr Blvd / E Byrd Ave neighborhood about it; they already know. 24.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, neighborhoodScout's exclusive research revealed that 96.8% of the adult residents in the Martin Luther King Jr Blvd / E Byrd Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.3% of the neighborhoods in America.

Diversity

Did you know that the Martin Luther King Jr Blvd / E Byrd Ave neighborhood has more Native American and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Native American ancestry and 56.0% have Mexican ancestry.

Martin Luther King Jr Blvd / E Byrd Ave is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Martin Luther King Jr Blvd / E Byrd Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Martin Luther King Jr Blvd / E Byrd Ave 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 92.0% of U.S. neighborhoods. With 51.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% 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 Martin Luther King Jr Blvd / E Byrd Ave neighborhood, 36.5% 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 32.9% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (12.8%), 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 Martin Luther King Jr Blvd / E Byrd Ave neighborhood is Spanish, spoken by 42.4% of households. Other important languages spoken here include English and Mon-Khmer (the dominant language of Cambodia).

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 Martin Luther King Jr Blvd / E Byrd Ave neighborhood in Fresno, CA, residents most commonly identify their ethnicity or ancestry as Mexican (56.0%). There are also a number of people of Asian ancestry (17.9%), and residents who report Native American roots (4.6%), and some of the residents are also of Irish ancestry (3.6%), along with some Sub-Saharan African ancestry residents (3.2%), among others. In addition, 23.6% 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 Martin Luther King Jr Blvd / E Byrd Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (55.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.8%) 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 (21.6%) . 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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