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Real Estate Prices & Overview

Eagle Rock East median real estate price is $1,301,670, which is more expensive than 81.7% of the neighborhoods in California and 96.2% of the neighborhoods in the U.S.

The average rental price in Eagle Rock East is currently $3,380, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.3% of the neighborhoods in California.

Eagle Rock East is an urban neighborhood (based on population density) located in Los Angeles, California.

Eagle Rock East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Eagle Rock East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Eagle Rock East are 5.6%, which is lower than one will find in 62.3% of American neighborhoods. Demand for real estate in Eagle Rock East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Eagle Rock East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Eagle Rock East neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 95.3% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Eagle Rock East neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students.

Diversity

Did you know that the Eagle Rock East neighborhood has more Lebanese and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Lebanese ancestry and 1.4% have Armenian ancestry.

Eagle Rock East is also pretty special linguistically. Significantly, 13.3% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

The Neighbors

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 Eagle Rock East neighborhood in Los Angeles 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 87.0% of the neighborhoods in America. With 35.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Eagle Rock East neighborhood, 59.9% 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 19.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 8.6% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Eagle Rock East neighborhood is English, spoken by 45.0% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Eagle Rock East neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (30.8%). There are also a number of people of Asian ancestry (21.1%), and residents who report German roots (8.4%), and some of the residents are also of Irish ancestry (8.1%), along with some English ancestry residents (5.5%), among others. In addition, 36.4% of the residents of this neighborhood were born in another country.

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 Eagle Rock East neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.9%) 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 (12.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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