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Real Estate Prices & Overview

E Fairmount St / N Mott St median real estate price is $812,701, which is more expensive than 51.8% of the neighborhoods in California and 87.5% of the neighborhoods in the U.S.

The average rental price in E Fairmount St / N Mott St is currently $2,349, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.5% of California neighborhoods.

E Fairmount St / N Mott St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E Fairmount St / N Mott St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the E Fairmount St / N Mott St 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.

Home and apartment vacancy rates are 7.0% in E Fairmount St / N Mott St. NeighborhoodScout analysis shows that this rate is lower than 53.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Fairmount St / N Mott St 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 E Fairmount St / N Mott St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.7% of neighborhoods in the U.S., with 28,345 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E Fairmount St / N Mott St neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the E Fairmount St / N Mott St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.8% of commuters carpool here, which is more than in 97.0% of all U.S. neighborhoods.

Diversity

Did you know that the E Fairmount St / N Mott St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.2% of this neighborhood's residents have Mexican ancestry.

E Fairmount St / N Mott St is also pretty special linguistically. Significantly, 86.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% 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 Fairmount St / N Mott St neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.1% of the neighborhoods in America. With 38.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the E Fairmount St / N Mott St neighborhood, 37.7% 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 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.8%), and 16.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the E Fairmount St / N Mott St neighborhood is Spanish, spoken by 86.7% of households. Some people also speak English (13.0%).

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 Fairmount St / N Mott St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (85.2%). In addition, 40.3% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in E Fairmount St / N Mott St neighborhood spend between 30 and 45 minutes commuting one-way to work (36.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (61.1%) 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 (24.8%) . 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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