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Real Estate Prices & Overview

Whittier Blvd / Esperanza St median real estate price is $813,846, which is more expensive than 49.4% of the neighborhoods in California and 86.5% of the neighborhoods in the U.S.

The average rental price in Whittier Blvd / Esperanza St is currently $1,915, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.6% of California neighborhoods.

Whittier Blvd / Esperanza St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Whittier Blvd / Esperanza 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 Whittier Blvd / Esperanza St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Whittier Blvd / Esperanza St are 4.4%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in Whittier Blvd / Esperanza St 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 Whittier Blvd / Esperanza St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the Whittier Blvd / Esperanza St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.1%, which is higher than 95.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the Whittier Blvd / Esperanza St neighborhood has more Cuban and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Cuban ancestry and 68.2% have Mexican ancestry.

Whittier Blvd / Esperanza St is also pretty special linguistically. Significantly, 73.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% 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 Whittier Blvd / Esperanza St neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.2% of U.S. neighborhoods. With 47.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.1% 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 Whittier Blvd / Esperanza St neighborhood, 31.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.2%), and 19.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Whittier Blvd / Esperanza St neighborhood is Spanish, spoken by 73.4% of households. Some people also speak English (25.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Whittier Blvd / Esperanza St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (68.2%). There are also a number of people of Cuban ancestry (4.5%), and residents who report Italian roots (1.2%), and some of the residents are also of German ancestry (1.1%). In addition, 36.8% 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 Whittier Blvd / Esperanza St neighborhood spend between 15 and 30 minutes commuting one-way to work (31.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.0%) 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 (14.7%) and 6.6% 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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