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Real Estate Prices & Overview

Lynwood North median real estate price is $507,400, which is less expensive than 79.0% of California neighborhoods and 30.0% of all U.S. neighborhoods.

The average rental price in Lynwood North is currently $2,065, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.9% of California neighborhoods.

Lynwood North is a densely urban neighborhood (based on population density) located in Lynwood, California.

Lynwood 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Lynwood North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Lynwood North, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Lynwood North is very tight compared to the demand for property here.

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

People

The Lynwood North neighborhood is unique for having just 3.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Lynwood North neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.9% of its working residents employed in such fields, which is a higher proportion than 97.1% of American neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.3% of U.S. neighborhoods.

Real Estate

The Lynwood 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 84.8% 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.

In addition, 84.6% of the real estate in the Lynwood North neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, if you like crowded places, then you will probably enjoy the the Lynwood North neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.1% of neighborhoods in the U.S., with 20,986 people per square mile living here.

Diversity

Did you know that the Lynwood North neighborhood has more Mexican and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.6% of this neighborhood's residents have Mexican ancestry and 0.8% have Iranian ancestry.

Lynwood North is also pretty special linguistically. Significantly, 90.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% 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 North neighborhood in Lynwood are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.0% of U.S. neighborhoods. With 35.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.2% 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 North neighborhood, 44.9% 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.3%), and 9.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lynwood North neighborhood is Spanish, spoken by 90.9% of households. Some people also speak English (8.1%).

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 Lynwood North neighborhood in Lynwood, CA, residents most commonly identify their ethnicity or ancestry as Mexican (81.6%). There are also a number of people of Irish ancestry (2.7%), and residents who report English roots (2.6%). In addition, 40.8% 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 Lynwood North neighborhood spend between 30 and 45 minutes commuting one-way to work (37.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (62.2%) 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 (17.4%) and 12.6% 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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