Manhattan is one of the most expensive coastal towns in America. To live there is almost twice as costly as living in areas such as Bel-Air. The cost of the average Manhattan Beach real estate falls in between $900,000 and $6,000,000. To rent a property is even more costly at $3,000 to $10,000 a month. The area is definitely an upper class expensive area with the average household grossing about $100,750 per year.
The population of Manhattan is roughly 37,745 and consists of 92% white Americans. The other eight percent of the population is divided between African Americans and Asian Americans. The male to female ratio is just about even and the median age of residents is 37.7 years old.
Manhattan Beach is divided into several different sections as per the assignment of the long-term residents.
The area known as "The Strand" consists of a long stretch of land along a bike patch that has multi-million dollar ocean front homes lines up along it.
The "Tree Section" is a quiet family oriented section with lots of space in between the homes and room for children to play. The Tree Section was named the tree section because of the names of the streets in the area. Most streets in this section of Manhattan Beach are named after trees such as Elm, Oak, Pine, Palm, and Poinsettia streets. The tree section also has many trees throughout the lands but ironically this was not the reason why it was named the tree section.
The area west of the tree section is known as "The Sand Section" and is basically where all the sand is. Manhattan Beach real estate in this area are adjacent to the ocean. The Sand Section got its name from the sands of the oceans.
The Hill Section was very appropriately named as it consists of a group of higher priced homes which are situated on steep hills overlooking the ocean.
There are many more sections within Manhattan Beach real estate, but those are the four most prominent. No matter what section is chosen to live in, residents are sure to feel like celebrities on a fantasy vacation.