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Real Estate Prices & Overview

E Martin Luther King Jr Blvd / Avalon Blvd median real estate price is $586,665, which is less expensive than 76.2% of California neighborhoods and 29.2% of all U.S. neighborhoods.

The average rental price in E Martin Luther King Jr Blvd / Avalon Blvd is currently $2,109, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.6% of California neighborhoods.

E Martin Luther King Jr Blvd / Avalon Blvd is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E Martin Luther King Jr Blvd / Avalon Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In E Martin Luther King Jr Blvd / Avalon Blvd, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 88.8% of all neighborhoods in the U.S. This means that the housing supply in E Martin Luther King Jr Blvd / Avalon Blvd is very tight compared to the demand for property here.

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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.

Also, in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.5% of commuters carpool here, which is more than in 96.6% of all U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 93.9% of the adult residents in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.

Real Estate

If you like crowded places, then you will probably enjoy the the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,291 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.4% of this neighborhood's residents have Mexican ancestry.

E Martin Luther King Jr Blvd / Avalon Blvd is also pretty special linguistically. Significantly, 88.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood has a greater percentage of residents born in another country (42.9%) than are found in 95.2% 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 41.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.1% 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood, 40.7% of the working population is employed in manufacturing and laborer 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 27.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.3%), and 13.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood is Spanish, spoken by 88.9% of households. Some people also speak English (11.0%).

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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (70.4%). In addition, 42.9% 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.0%) 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 (24.5%) and 16.6% of residents also ride the bus 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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