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Real Estate Prices & Overview

Russian Hill median real estate price is $2,016,568, which is more expensive than 91.3% of the neighborhoods in California and 98.3% of the neighborhoods in the U.S.

The average rental price in Russian Hill is currently $4,870, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.6% of the neighborhoods in California.

Russian Hill is a densely urban neighborhood (based on population density) located in San Francisco, California.

Russian Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Russian Hill neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Russian Hill. The current real estate vacancy rate here is 16.5%. This is higher than the rate of vacancies in 81.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Russian Hill neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, russian Hill has the amazing distinction of housing more same sex couples living together than 98.9% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Russian Hill neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.1% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Russian Hill neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 79.4% of the adults living in the Russian Hill neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Modes of Transportation

In the Russian Hill neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 42.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.7% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, in the Russian Hill neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.3% of residents here. This is a higher proportion of walking commuters than we found in 97.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Finally, more people ride the bus in this neighborhood each day to get to work than 96.5% of U.S. neighborhoods.

Occupations

Executives, managers and professionals make up 83.8% of the workforce in the Russian Hill neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Real Estate

The Russian Hill neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,206 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Russian Hill neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, the real estate in the Russian Hill neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 75.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Russian Hill neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 65.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.8% of the neighborhoods in the United States.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Russian Hill neighborhood has a highly unusual pattern of car ownership. 37.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.

Diversity

Did you know that the Russian Hill neighborhood has more British and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have British ancestry and 2.3% have Eastern European ancestry.

Russian Hill is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

The Neighbors

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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Russian Hill neighborhood in San Francisco are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Russian Hill neighborhood, 83.8% 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 12.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (2.5%).

Languages

The most common language spoken in the Russian Hill neighborhood is English, spoken by 89.4% of households. Some people also speak Spanish (5.6%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Russian Hill neighborhood in San Francisco, CA, residents most commonly identify their ethnicity or ancestry as English (20.2%). There are also a number of people of Irish ancestry (7.8%), and residents who report Asian roots (7.1%), and some of the residents are also of German ancestry (5.4%), along with some Mexican ancestry residents (4.8%), among others. In addition, 14.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Russian Hill neighborhood spend between 30 and 45 minutes commuting one-way to work (40.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (16.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.3%) and 13.0% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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