Real Estate Prices and Overview
Watts median real estate prices are $211,164, which is less expensive than 83.9% of California neighborhoods
and 36.3% of all U.S. neighborhoods.
Average rental prices in Watts are currently
$989, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 85.5% of California neighborhoods.
Watts is a densely urban neighborhood (based on population
density) located in Los Angeles, California.
Watts real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Watts neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.2% in
Watts. NeighborhoodScout analysis shows that this rate is lower
than 56.2% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Los Angeles,
the Watts neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
NeighborhoodScout's exclusive research identifies the Watts
neighborhood as having one of the highest concentrations of people employed
in manufacturing or as laborers of any neighborhood in America. In fact,
despite the loss of manufacturing jobs nationally, this neighborhood has
44.2% of its working residents employed in such fields, which is a
higher proportion than 97.9% of American neighborhoods.
Notable & Unique: People
NeighborhoodScout's exclusive research revealed that 96.7%
of the adult residents in the Watts neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 97.5% of the neighborhoods in America.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Watts neighborhood has more single mother
households than 95.7% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
Watts (22.8%) than in 96.5% of the
neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Watts neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 54.5% of
this neighborhood's residents have Mexican ancestry.
Watts is also pretty special linguistically. Significantly, 66.5% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 95.7% of all U.S. neighborhoods.
The Neighbors: Income
There are two complimentary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the Watts neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 88.7% of U.S. neighborhoods.
With 53.0% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 92.4%
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Watts neighborhood, 44.2%
of the working population is employed in manufacturing and laborer 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 32.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(12.2%), and 10.0% in executive, management, and professional occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Watts neighborhood in Los Angeles, CA, residents
most commonly identify their ethnicity or ancestry as Mexican
(54.5%). There are also a number of people of Sub-Saharan African ancestry (1.4%) , and residents who report African roots (1.4%) . In addition, 36.6% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Watts
neighborhood is Spanish, spoken by 66.5% of households. Some people also speak English (32.1%).
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 Watts neighborhood spend
between 30 and 45 minutes commuting one-way to work (35.0% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (56.9%) 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 (22.8%) and 12.8% 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.