Real Estate Prices and Overview
Montana Ave / 20th St median real estate prices are $932,044, which is more expensive than 92.3% of the neighborhoods
in California and 98.7% of the
neighborhoods in the U.S.
Average rental prices in Montana Ave / 20th St are currently
$2,249, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.5%
of the neighborhoods in California.
Montana Ave / 20th St is a densely urban neighborhood (based on population
density) located in Santa Monica, California.
Montana Ave / 20th St 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 occupied by a mixture of owners and renters. Many of
the residences in the Montana Ave / 20th St 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 10.5% in
Montana Ave / 20th St. NeighborhoodScout analysis shows that this rate is lower
than 43.7% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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.
Notable & Unique: Diversity
Did you know that the Montana Ave / 20th St neighborhood has more
Welsh and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Welsh ancestry and 4.9% have Russian ancestry.
Notable & Unique: Occupations
The Montana Ave / 20th St neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.4% of the neighborhoods in American. In fact, 70.8%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: People
Some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 38.8% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
98.2% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
In addition, the types of households in a neighborhood can tell a lot about the character
and lifestyle of those living here. NeighborhoodScout's exclusive analysis
reveals that this neighborhood, above nearly every neighborhood in America,
has a greater percentage of its residents living alone: 47.6%. This
is a higher percent living alone than we found in 96.7% of
all U.S. neighborhoods. Often residents who live alone are new arrivals
to an area who are single, and often senior citizens who have lost a spouse.
Also, think about the people you know personally. How many of them would
purchase box seats to opening night at the symphony? How many of them
regularly attend gallery openings, or are the first to reserve tickets
to opening night at the ballet? If they're like most of us, they don't
do any of these things. But if you're among an exclusive crowd of wealthy
and refined patrons of the arts, then you'll feel right at home in
the Montana Ave / 20th St neighborhood: a neighborhood in which more
"urban sophisticates" live than 95.8% of neighborhoods
across the U.S. Here, your neighbors are defined as having urbane
tastes in literature, music, live theatre and the arts. They are wealthy,
educated, travel in style, and live a big city lifestyle whether or
not they live in or near a big city.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Montana Ave / 20th St neighborhood is a fantastic
option for bicycle commuters, as 4.4% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 97.0% of the neighborhoods in America.
Notable & Unique: Real Estate
If you like crowded places, then you will probably enjoy the Montana Ave / 20th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.3% of neighborhoods in the U.S., with 20,913 people per square mile living here.
In addition, one of the really unique and interesting things about the look and setting of the Montana Ave / 20th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 67.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.4% of all neighborhoods in America.
The Neighbors: Income
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 Montana Ave / 20th St neighborhood in Santa Monica 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 89.1% of the neighborhoods in America.
In addition, 2.1% 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 84.8%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Montana Ave / 20th St neighborhood, 70.8%
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 15.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.5%), and 3.7% in government jobs, whether they are in local, state, or federal positions.
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 Montana Ave / 20th St neighborhood in Santa Monica, CA, residents
most commonly identify their ethnicity or ancestry as Italian
(11.8%). There are also a number of people of Irish ancestry (10.9%) , and residents who report Asian roots (9.4%) , and some of the residents are also of English ancestry (6.9%) , along with some Russian ancestry residents (4.9%), among others. In addition, 13.8% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Montana Ave / 20th St
neighborhood is English, spoken by 90.7% of households. Some people also speak Spanish (3.7%).
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Montana Ave / 20th St neighborhood spend
between 15 and 30 minutes commuting one-way to work (36.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.7%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.