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Real Estate Prices & Overview

Westwood Village median real estate price is $1,942,652, which is more expensive than 92.2% of the neighborhoods in California and 98.5% of the neighborhoods in the U.S.

The average rental price in Westwood Village is currently $3,792, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.9% of the neighborhoods in California.

Westwood Village is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Westwood Village real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Westwood Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Westwood Village has a 11.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

One of the really unique and interesting things about the look and setting of the Westwood Village neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 100.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.9% of all neighborhoods in America.

In addition, the Westwood Village neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the Westwood Village neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,517 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.

Also of note, 91.0% of the real estate in the Westwood Village neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 91.1% of the adults living in the Westwood Village neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, one of the most interesting things about the Westwood Village neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 65.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.5% of the neighborhoods in America.

Occupations

The Westwood Village neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.5% of the neighborhoods in America. In fact, 82.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

More people in Westwood Village choose to walk to work each day (32.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Westwood Village neighborhood. In the Westwood Village neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Westwood Village neighborhood has a greater percentage of residents born in another country (61.8%) than are found in 99.4% of all U.S. neighborhoods.

Diversity

Did you know that the Westwood Village neighborhood has more Armenian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Armenian ancestry and 6.6% have Arab ancestry.

Westwood Village is also pretty special linguistically. Significantly, 5.9% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 Westwood Village 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 49.4% of the neighborhoods in America. With 50.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.3% 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 Westwood Village neighborhood, 82.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 10.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (6.4%).

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 Westwood Village neighborhood is English, spoken by 42.6% of households. Other important languages spoken here include Chinese, Japanese, Persian and Korean.

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 Westwood Village neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (44.2%). There are also a number of people of German ancestry (12.0%), and residents who report English roots (9.4%), and some of the residents are also of Arab ancestry (6.6%), along with some Scottish ancestry residents (2.9%), among others. In addition, 61.8% 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 Westwood Village neighborhood spend between 15 and 30 minutes commuting one-way to work (32.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (35.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (32.8%) and 8.3% of residents also carpool with coworkers, friends, or neighbors 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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Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
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Schools include:
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