LIVING IN STANTON
Stanton is a medium-sized city located in the state of California. With a population of 38,234 people and ten constituent neighborhoods, Stanton is the 210th largest community in California.
Housing costs in Stanton are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Stanton is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Stanton is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Stanton who work in office and administrative support (12.08%), sales jobs (11.04%), and food service (8.38%).
Also of interest is that Stanton has more people living here who work in computers and math than 95% of the places in the US.
In Stanton, however, the average commute to work is quite long. On average, people spend 30.60 minutes each day getting to work, which is significantly higher than the national average.
In terms of college education, the citizens of Stanton rank slightly lower than the national average. 16.57% of adults 25 and older in Stanton have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Stanton in 2010 was $21,445, which is lower middle income relative to California and the nation. This equates to an annual income of $85,780 for a family of four. However, Stanton contains both very wealthy and poor people as well.
Stanton is an extremely ethnically-diverse city. The people who call Stanton home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Stanton, accounting for 49.18% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Stanton residents report their race to be Asian, followed by White. Important ancestries of people in Stanton include German, Irish, English, Italian, and French.
In addition, Stanton has a lot of people living here who were born outside of the US (43.83%).
The most common language spoken in Stanton is Spanish. Other important languages spoken here include English and Vietnamese.
STANTON HOUSING MARKET INFORMATION
With a population of 38,234, 10,910 total housing units (homes and apartments), and a median house value of $517,547, real estate costs in Stanton are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Large apartment complexes or high rise apartments are the single most common housing type in Stanton, accounting for 32.97% of the city's housing units. Other types of housing that are prevalent in Stanton include single-family detached homes ( 29.78%), row houses and other attached homes ( 15.87%), and a few mobile homes or trailers ( 12.81%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in Stanton primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Stanton has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Stanton's housing was primarily built during this period, from the '40s through the '60s. A full 47.38% of the city's housing hails from this era. Other housing ages represented in Stanton include homes built between 1970-1999 ( 43.67%) and housing constructed between 2000 and later ( 7.51%). There's also some housing in Stanton built before 1939 ( 1.44%).
STANTON HOME APPRECIATION RATES
In the last 10 years, Stanton has experienced some of the highest home appreciation rates of any community in the nation. Stanton real estate appreciated 82.23% over the last ten years, which is an average annual home appreciation rate of 6.18%, putting Stanton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stanton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Stanton that despite a nationwide downturn in the housing market, Stanton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stanton appreciation rates continue to be some of the highest in America, at 5.57%, which is higher than appreciation rates in 74.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stanton. Stanton appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.23%.
Relative to California, our data show that Stanton's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Stanton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stanton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stanton real estate investment or home purchase decisions.
Reasons To Invest
- Increasing Rental Demand
- High Appreciation Rates
- Population Growth
- Growing Job Market
- Ethnically-Diverse City
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