Panorama Heights is an urban area in Orange, California (based on population density).
Panorama Heights real estate consists mostly of medium to big (four, five, or more bedroom) single-family homes and townhomes. The majority of residential real estate is occupied by a combination of owners and tenants. Many of the homes in Panorama Heights are established but not old, having been constructed between 1970 and 1999. A number of houses were also constructed between 1940 and 1969.
Panorama Heights currently has a vacancy rate of 1.2%, which is lower than 91.5% of all communities in the United States. This means that the housing supply in Panorama Heights is extremely limited in comparison to the demand for property in the area.
Panorama Heights’ median real estate price is $1,013,838, making it more expensive than 74.5% of California neighborhoods and 94.4% of US neighborhoods.
According to analysis, the average rental price in Panorama Heights is presently $3,496. The average rental cost in this community is higher than in 69.1% of California neighborhoods.
Residents in Orange, California’s Panorama Heights neighborhood most typically identify as Mexican (34.4%). There are also citizens of Asian origin (10.2%), persons with Irish roots (8.9%), and some with German ancestry (8.3%), as well as those with English ancestry (7.2%). Furthermore, 24.8% of the people in this neighborhood were born in another nation.
People in this neighborhood speak a variety of languages. These are the languages that people prefer to speak when they are at home with their families. English is the most commonly spoken language in the Panorama Heights area, with 57.8% of households speaking it. Spanish and Vietnamese are two other prominent languages spoken here.
Panorama Heights in Orange has wealthy neighbors, making it one of the 15% wealthiest neighborhoods in America. According to data, this community has a greater income than 94.3% of all neighborhoods in America. This neighborhood has a greater percentage of childhood poverty than 56.7% of U.S. neighborhoods, with 14.1% of the children living below the federal poverty line.
Executive, managerial, and professional occupations employ 46.8% of the working population in the Panorama Heights neighborhood. With 22.1% of the residents employed, sales and service jobs are the second most important occupational group in this neighborhood, ranging from major sales accounts to working in fast food restaurants. Other residents work in manufacturing and laborer jobs (15.3%), and clerical, assistant, and tech support occupations (15.0%).
One of the most intriguing aspects of the Panorama Heights area is that, according to a study, it is an ideal location for college students to live. The neighborhood is good for prospective or already-enrolled college students due to its popularity among college students who choose to live here, its walkability, and its above-average crime safety. You’ll notice that the excitement here varies with the college seasons between semesters and throughout school breaks. Despite the enthusiasm, parents with college-age children can rest assured that this neighborhood has an above-average safety rating. For each of these reasons, the neighborhood is ranked among the top 3.0% of college-friendly neighborhoods in California. This neighborhood is not only ideal for college students, but it is also ideal for urban sophisticates and highly educated CEOs.
Next Neighborhood: E Larkstone Dr / S Yorba St