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Real Estate Prices & Overview

Torrey Pines / University of California San Diego median real estate price is $989,988, which is more expensive than 65.5% of the neighborhoods in California and 92.0% of the neighborhoods in the U.S.

The average rental price in Torrey Pines / University of California San Diego is currently $2,626, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.6% of California neighborhoods.

Torrey Pines / University of California San Diego is an urban neighborhood (based on population density) located in San Diego, California.

Torrey Pines / University of California San Diego real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Torrey Pines / University of California San Diego neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Torrey Pines / University of California San Diego has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.0% 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 San Diego, the Torrey Pines / University of California San Diego neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 67.9% of the residents of the Torrey Pines / University of California San Diego neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Modes of Transportation

More people in Torrey Pines / University of California San Diego choose to walk to work each day (27.8%) 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.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.4% of residents in the Torrey Pines / University of California San Diego neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, our research revealed that more commuters here take the bus to work (11.1% ride the bus) than 95.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Real Estate

98.7% of the real estate in the Torrey Pines / University of California San Diego neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Torrey Pines / University of California San Diego neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Torrey Pines / University of California San Diego neighborhood. In the Torrey Pines / University of California San Diego neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Torrey Pines / University of California San Diego neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.6% of this neighborhood's residents have Asian ancestry.

Torrey Pines / University of California San Diego is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Torrey Pines / University of California San Diego neighborhood in San Diego are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.1% of U.S. neighborhoods. With 20.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.8% 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 Torrey Pines / University of California San Diego neighborhood, 56.7% 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 29.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.8%), and 5.8% in government jobs, whether they are in local, state, or federal positions.

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 Torrey Pines / University of California San Diego neighborhood is English, spoken by 55.5% of households. Other important languages spoken here include Spanish, Chinese, Korean and Langs. of India.

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 Torrey Pines / University of California San Diego neighborhood in San Diego, CA, residents most commonly identify their ethnicity or ancestry as Asian (29.6%). There are also a number of people of Mexican ancestry (20.2%), and residents who report German roots (5.4%), and some of the residents are also of Italian ancestry (4.0%), along with some Irish ancestry residents (3.5%), among others. In addition, 19.7% 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 Torrey Pines / University of California San Diego neighborhood spend between 15 and 30 minutes commuting one-way to work (46.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (27.8%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.4%) and 11.1% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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