Most Expensive Los Angeles Neighborhoods
Los Angeles is an enormous coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 3,971,883 people and 1061 constituent neighborhoods, Los Angeles is the largest community in California.
Housing costs in Los Angeles 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.
Los Angeles is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Los Angeles is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Los Angeles who work in office and administrative support (12.40%), sales jobs (10.91%) and management occupations (8.79%).
Of important note, Los Angeles is also a city of artists. Los Angeles has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Los Angeles’s character.
One thing noticeable about Los Angeles, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Los Angeles is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Los Angeles a great place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun. In fact, Los Angeles is one of the top larger cities in America for educated single professionals to flock.
One of the nice things about Los Angeles is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
In Los Angeles, however, the average commute to work is quite long. On average, people spend 30.83 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Los Angeles is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Los Angeles really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Los Angeles citizens use public transit daily to get to and from work. And while there are transportation options, most people in Los Angeles ride the bus. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Los Angeles a lot leave their cars at home (if they even choose to own one), and hop a ride on the bus.
In terms of college education, Los Angeles is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.48% of adults in Los Angeles have a college degree.
The per capita income in Los Angeles in 2010 was $28,320, which is middle income relative to California, and upper middle income relative to the rest of the US. This equates to an annual income of $113,280 for a family of four. However, Los Angeles contains both very wealthy and poor people as well.
Los Angeles is an extremely ethnically-diverse city. The people who call Los Angeles home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Los Angeles residents report their race to be White, followed by Asian. Los Angeles also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 48.59% of the city’s residents. Important ancestries of people in Los Angeles include German, Irish, English, Italian, Russian and Armenian.
Los Angeles also has a high percentage of its population that was born in another country: 38.55%.
The languages spoken by people in Los Angeles are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Los Angeles is Spanish. Other important languages spoken here include English, Korean and Tagalog.
|LOS ANGELES INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||1,329,372|
|LOS ANGELES HOME OWNERSHIP|
|% OWNER OCCUPIED||36.34%|
|% RENTER OCCUPIED||63.66%|
|TYPE OF LOS ANGELES HOMES|
|SINGLE FAMILY DETACHED||38.81%|
|ROWHOUSES AND ATTACHED HOMES||6.05%|
|SMALL APARTMENT BUILDINGS||8.49%|
|COMPLEXES OR HIGH RISE APARTMENTS||46.02%|
|SIZE OF LOS ANGELES HOMES|
|5 OR MORE BEDROOMS||2.82%|
|AGE OF LOS ANGELES HOMES|
|NEWER HOMES (2000 OR LATER)||6.95%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||29.38%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||43.08%|
|HISTORIC (1939 OR BEFORE)||20.59%|
|LOS ANGELES REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$567,250|
|MEDIAN RENTAL PRICE||$1,768|
|HOME VALUE RANGE|
|$0 - $64,000||2.16%|
|$64,001 - $127,000||1.21%|
|$127,001 - $254,000||5.82%|
|$254,001 - $381,000||13.50%|
|$381,001 - $509,000||19.69%|
|$509,001 - $636,000||14.17%|
|$636,001 - $954,000||20.70%|
|$954,001 - $1,272,000||9.92%|
|PEOPLE OF LOS ANGELES||DETAILS|
|UNDER 5 YEARS||6.49%|
|5 TO 17||15.73%|
|18 TO 24||11.28%|
|25 TO 34||17.05%|
|35 TO 54||28.09%|
|55 TO 64||10.43%|
|65 YEARS AND OVER||10.94%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||74.90%|
|MEDIAN HOUSEHOLD INCOME||$49,682|
|PER CAPITA INCOME||$28,320|
|INDIVIDUALS BELOW POVERTY LEVEL||22.43%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (11.94%)
Professional, scientific, and technical services (8.00%)
Information Technology (5.81%)
Real estate (2.42%)
Public Service (2.31%)
|BLACK OR AFRICAN AMERICAN||9.17%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.57%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.17%|
|SOME OTHER RACE ALONE||22.41%|
|TWO OR MORE RACES||3.51%|
|HISPANIC OR LATINO (OF ANY RACE)||48.59%|
|ETHNICITIES PRESENT||German (4.37%)
|LANGUAGES SPOKEN||Spanish (42.89%)
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