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.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Los Angeles is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-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.
Los Angeles is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Los Angeles. This makes Los Angeles a good place to live for young professionals. With so many people in this demographic, Los Angeles presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
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.
One downside of living in Los Angeles is that it can take a long time to commute to work. In Los Angeles, the average commute to work is 30.83 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.
One of the benefits of being a big city like Los Angeles is having a public transportation system, but in Los Angeles the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the bus for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the bus Los Angeles benefits from a reduction in air pollution and traffic.
The overall education level of Los Angeles citizens is substantially higher than the typical US community, as 31.48% of adults in Los Angeles have at least a bachelor's degree, and the average American community has 21.84%.
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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