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In fact, 35.8% of the residential real estate here is classified as row houses and attached homes. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. And in sheer abundance of row houses, this neighborhood truly stands out. The ambiance, the charm, of row houses is something special. In fact, 93.8% of the residential real estate here was built in this one time period.įurthermore, if you love row houses and attached homes, you will probably really like the Hidden Lake Village / Conventry Milpitas neighborhood. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In addition, most neighborhoods are composed of a mixture of ages of homes, but the Hidden Lake Village / Conventry Milpitas stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 19, generally considered to be established, but not old housing. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Hidden Lake Village / Conventry Milpitas neighborhood, and/or an issue with creating enough supply for the demand. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. This might include anything from the housing stock to the types of households living here to how people get around. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. Notable & Unique Neighborhood Characteristics This means that the housing supply in Hidden Lake Village / Conventry Milpitas is very tight compared to the demand for property here. In Hidden Lake Village / Conventry Milpitas, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. A number of residences were also built between 19. Many of the residences in the Hidden Lake Village / Conventry Milpitas neighborhood are established but not old, having been built between 19. Most of the residential real estate is occupied by a mixture of owners and renters. Hidden Lake Village / Conventry Milpitas real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Hidden Lake Village / Conventry Milpitas is an urban neighborhood (based on population density) located in Milpitas, California. Rents here are currently lower in price than 82.7% of California neighborhoods. The average rental price in Hidden Lake Village / Conventry Milpitas is currently $1,892, based on NeighborhoodScout's exclusive analysis. Hidden Lake Village / Conventry Milpitas median real estate price is $1,232,535, which is more expensive than 87.5% of the neighborhoods in California and 97.2% of the neighborhoods in the U.S. 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) Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). 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. 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.
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Because census tracts are based on population, they vary in size depending on the density of settlement. 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. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. 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). NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S.