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Real Estate Prices & Overview

Median real estate price in the City Center of Hanford is $291,976, which is less expensive than 95.8% of California neighborhoods and 63.8% of all U.S. neighborhoods.

The average rental price in Hanford City Center is currently $1,574, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.8% of California neighborhoods.

Hanford City Center is a suburban neighborhood (based on population density) located in Hanford, California.

Real estate in the City Center of Hanford, CA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1940 and 1969.

Hanford City Center has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Hanford, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Hanford City Center neighborhood is unique for having just 2.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.5% of America's neighborhoods.

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 Hanford City Center neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.4% of U.S. neighborhoods.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Hanford City Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.6% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.

In addition, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Hanford City Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.9% of all American neighborhoods.

Modes of Transportation

More people in Hanford City Center choose to walk to work each day (13.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the Hanford City Center neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 54.6% of this neighborhood's residents have Mexican ancestry.

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 City Center neighborhood in Hanford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.8% of U.S. neighborhoods. With 17.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.4% 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 Hanford City Center neighborhood, 40.1% 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 25.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (17.6%), and 15.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Hanford City Center neighborhood is English, spoken by 69.7% of households. Some people also speak Spanish (29.0%).

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 City Center neighborhood in Hanford, CA, residents most commonly identify their ethnicity or ancestry as Mexican (54.6%). There are also a number of people of English ancestry (7.4%), and residents who report German roots (5.9%), and some of the residents are also of Irish ancestry (4.5%), along with some Portuguese ancestry residents (1.4%), among others. In addition, 21.4% 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 Hanford City Center neighborhood spend under 15 minutes commuting one-way to work (44.9% of working residents), one of the shortest commutes across America.

Here most residents (66.7%) 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 (18.2%) and 13.1% of residents also hop out the door and walk to work for their daily commute. 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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