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Real Estate Prices & Overview

N Figueroa St / N Ave 52 median real estate price is $1,088,709, which is more expensive than 71.0% of the neighborhoods in California and 93.5% of the neighborhoods in the U.S.

The average rental price in N Figueroa St / N Ave 52 is currently $2,635, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.4% of California neighborhoods.

N Figueroa St / N Ave 52 is a densely urban neighborhood (based on population density) located in Los Angeles, California.

N Figueroa St / N Ave 52 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the N Figueroa St / N Ave 52 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 1970 and 1999.

Real estate vacancies in N Figueroa St / N Ave 52 are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in N Figueroa St / N Ave 52 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 N Figueroa St / N Ave 52 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like crowded places, then you will probably enjoy the the N Figueroa St / N Ave 52 neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,253 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The N Figueroa St / N Ave 52 neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the N Figueroa St / N Ave 52 neighborhood has more Lithuanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Lithuanian ancestry and 54.1% have Mexican ancestry.

N Figueroa St / N Ave 52 is also pretty special linguistically. Significantly, 64.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.

The Neighbors

There are two complementary 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 N Figueroa St / N Ave 52 neighborhood in Los Angeles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.6% 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 N Figueroa St / N Ave 52 neighborhood, 42.8% 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 24.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.4%), and 14.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the N Figueroa St / N Ave 52 neighborhood is Spanish, spoken by 64.0% of households. Some people also speak English (32.2%).

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 N Figueroa St / N Ave 52 neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (54.1%). There are also a number of people of Irish ancestry (3.3%), and residents who report English roots (3.0%), and some of the residents are also of Asian ancestry (2.8%), along with some German ancestry residents (1.9%), among others. In addition, 38.9% 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 N Figueroa St / N Ave 52 neighborhood spend between 15 and 30 minutes commuting one-way to work (34.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.9%) 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 (14.2%) and 7.3% of residents also hop out the door and walk to work 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.


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