About Riverside, CA (Magnolia Center) Real Estate Prices and Overview Magnolia Center median real estate price is $643,097, which is less expensive than 71.2% of California neighborhoods and 24.2% of all U.S. neighborhoods. The average rental price in Magnolia Center is currently $3,336, based on 蘑菇视频's exclusive analysis. Rents here are currently lower in price than 48.2% of California neighborhoods. Magnolia Center is an urban neighborhood (based on population density) located in Riverside, California. Magnolia Center 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 Magnolia Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999. Magnolia Center has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% 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 Notable & Unique: People The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.0% of the households are same sex couples. According to 蘑菇视频's analysis, this is a higher proportion of same sex households than in 99.1% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Magnolia Center neighborhood should definitely be on your list of places to consider. Notable & Unique: Occupations The Magnolia Center neighborhood has a greater proportion of government workers living in it than 96.0% of the neighborhoods in America, according to 蘑菇视频's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character. Notable & Unique: Modes of Transportation If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.8% of residents in the Magnolia Center neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.5% of all neighborhoods in the U.S., according to 蘑菇视频's exclusive analysis. Notable & Unique: Diversity Significantly, 1.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America. The Neighbors: Income How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood. The neighbors in the Magnolia Center neighborhood in Riverside are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 73.1% of the neighborhoods in America. With 23.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.8% of U.S. neighborhoods. The Neighbors: Occupations A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the Magnolia Center neighborhood, 32.2% 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 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.7%), and 21.0% in manufacturing and laborer occupations. The Neighbors: 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 Magnolia Center neighborhood is English, spoken by 74.6% of households. Other important languages spoken here include Spanish and Langs. of India. The Neighbors: Ethnicity / Ancestry Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture 鈥� some more unique than others 鈥� based on lifestyle, occupations, the types of households 鈥� and importantly 鈥� on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the Magnolia Center neighborhood in Riverside, CA, residents most commonly identify their ethnicity or ancestry as Mexican (45.4%). There are also a number of people of English ancestry (11.5%), and residents who report German roots (6.5%), and some of the residents are also of Irish ancestry (3.9%), along with some Italian ancestry residents (2.0%), among others. In addition, 14.1% 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 Magnolia Center neighborhood spend between 15 and 30 minutes commuting one-way to work (34.2% of working residents), which is shorter than the time spent commuting to work for most Americans. Here most residents (69.4%) 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 (12.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.