menu






Real Estate Prices & Overview

Pico Robertson North median real estate price is $1,367,547, which is more expensive than 78.4% of the neighborhoods in California and 95.0% of the neighborhoods in the U.S.

The average rental price in Pico Robertson North is currently $3,930, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.8% of the neighborhoods in California.

Pico Robertson North is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Pico Robertson North 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Pico Robertson North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Pico Robertson North has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.6% 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

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 Pico Robertson North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Pico Robertson North neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.6% of the neighborhoods in America. In fact, 78.0% 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.

Real Estate

If you like crowded places, then you will probably enjoy the the Pico Robertson North neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 29,846 people per square mile living here.

In addition, the Pico Robertson North 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 84.5% 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, renter-occupied real estate is dominant in the Pico Robertson North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.6%, which is higher than 95.8% 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 Pico Robertson North neighborhood has more Iranian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.0% of this neighborhood's residents have Iranian ancestry and 3.3% have Eastern European ancestry.

Pico Robertson North is also pretty special linguistically. Significantly, 23.6% 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 100.0% 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 Pico Robertson North 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 71.9% of the neighborhoods in America. In addition, 5.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 64.5% of America'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 Pico Robertson North neighborhood, 78.0% 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 10.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.7%), and 2.5% in manufacturing and laborer occupations.

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 Pico Robertson North neighborhood is English, spoken by 67.5% of households. Other important languages spoken here include Persian, French, Spanish and Russian.

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 Pico Robertson North neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Irania (20.0%). There are also a number of people of Mexican ancestry (12.0%), and residents who report German roots (6.5%), and some of the residents are also of Asian ancestry (5.8%), along with some Puerto Rican ancestry residents (4.6%), among others. In addition, 24.8% 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 Pico Robertson North neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.7%) 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 (7.0%) and 6.7% 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby