Real Estate Prices & Overview
Tempo median real estate price is $1,439,997, which is more expensive than 80.4% of the neighborhoods in California and 95.9% of the neighborhoods in the U.S.
The average rental price in Tempo is currently $4,901, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 86.7% of the neighborhoods in California.
Tempo is an urban neighborhood (based on population density) located in Livermore, California.
Tempo real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Tempo 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 Tempo, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Tempo 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 Livermore, the Tempo neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Tempo neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
People
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.0% of America's neighborhoods are wealthier than the Tempo neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
In addition, the Tempo neighborhood is a great option for families, as revealed by 蘑菇视频's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 5.3% of family-friendly neighborhoods in the state of California. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and college students.
Diversity
Significantly, 1.4% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.1% 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 Tempo neighborhood in Livermore are wealthy, making it among the 15% highest income neighborhoods in America. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 98.0% of the neighborhoods in America. In addition, 1.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.8% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Tempo neighborhood, 67.3% 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 16.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.2%), and 7.2% 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 Tempo neighborhood is English, spoken by 81.9% of households. Other important languages spoken here include Spanish, Polish and Langs. of India.
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture 鈥� our learned behavior 鈥� 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 Tempo neighborhood in Livermore, CA, residents most commonly identify their ethnicity or ancestry as Asian (21.8%). There are also a number of people of English ancestry (16.9%), and residents who report German roots (14.0%), and some of the residents are also of Irish ancestry (12.9%), along with some Italian ancestry residents (7.4%), among others. In addition, 19.9% of the residents of this neighborhood were born in another country.
Getting to Work
How you get to work 鈥� car, bus, train or other means 鈥� 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 Tempo neighborhood spend between 15 and 30 minutes commuting one-way to work (32.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.1%) 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 (14.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
