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Real Estate Prices & Overview

Lynwood Rd / S Alameda St median real estate price is $767,728, which is more expensive than 46.9% of the neighborhoods in California and 85.5% of the neighborhoods in the U.S.

The average rental price in Lynwood Rd / S Alameda St is currently $2,144, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.6% of California neighborhoods.

Lynwood Rd / S Alameda St is a densely urban neighborhood (based on population density) located in Lynwood, California.

Lynwood Rd / S Alameda St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lynwood Rd / S Alameda St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Lynwood Rd / S Alameda St are 4.1%, which is lower than one will find in 73.0% of American neighborhoods. Demand for real estate in Lynwood Rd / S Alameda 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 Lynwood, the Lynwood Rd / S Alameda St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An interesting characteristic about the Lynwood Rd / S Alameda St neighborhood is that there are more incarcerated people living here than 99.2% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Occupations

More people work in manufacturing and as laborers here in the Lynwood Rd / S Alameda St neighborhood than in 99.1% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

Our research shows that more people carpool to work here in the Lynwood Rd / S Alameda St (24.2%) than in 96.7% of the neighborhoods in America.

Diversity

Did you know that the Lynwood Rd / S Alameda St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 68.5% of this neighborhood's residents have Mexican ancestry.

Lynwood Rd / S Alameda St is also pretty special linguistically. Significantly, 71.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% 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 Lynwood Rd / S Alameda St neighborhood in Lynwood are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.4% of U.S. neighborhoods. With 44.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.6% 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 Lynwood Rd / S Alameda St neighborhood, 51.1% 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 22.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 11.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lynwood Rd / S Alameda St neighborhood is Spanish, spoken by 71.3% of households. Some people also speak English (26.8%).

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 Lynwood Rd / S Alameda St neighborhood in Lynwood, CA, residents most commonly identify their ethnicity or ancestry as Mexican (68.5%). There are also a number of people of German ancestry (1.8%), and residents who report Irish roots (1.4%). In addition, 33.3% 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 Lynwood Rd / S Alameda St neighborhood spend between 15 and 30 minutes commuting one-way to work (35.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.3%) 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 (24.2%) . 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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