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Real Estate Prices & Overview

Marshall St / Walnut Grove Ave median real estate price is $870,585, which is more expensive than 57.3% of the neighborhoods in California and 89.4% of the neighborhoods in the U.S.

The average rental price in Marshall St / Walnut Grove Ave is currently $3,001, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.0% of California neighborhoods.

Marshall St / Walnut Grove Ave is an urban neighborhood (based on population density) located in Rosemead, California.

Marshall St / Walnut Grove Ave 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 owner occupied. Many of the residences in the Marshall St / Walnut Grove Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Marshall St / Walnut Grove Ave, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Marshall St / Walnut Grove Ave 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 Rosemead, the Marshall St / Walnut Grove Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Marshall St / Walnut Grove Ave neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.8% of the households here have four, five, or more cars. That is more cars per household than in 95.4% of the neighborhoods in the nation.

Diversity

Did you know that the Marshall St / Walnut Grove Ave neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.0% of this neighborhood's residents have Asian ancestry.

Marshall St / Walnut Grove Ave is also pretty special linguistically. Significantly, 40.4% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.8% of all U.S. neighborhoods.

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 Marshall St / Walnut Grove Ave neighborhood. More residents of the Marshall St / Walnut Grove Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.2% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Marshall St / Walnut Grove Ave neighborhood has a greater percentage of residents born in another country (49.9%) than are found in 97.6% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Marshall St / Walnut Grove Ave neighborhood in Rosemead are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.0% of the neighborhoods in America. In addition, 7.6% 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 57.1% of America'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 Marshall St / Walnut Grove Ave neighborhood, 33.1% 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 31.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 16.0% 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 Marshall St / Walnut Grove Ave neighborhood is Chinese, spoken by 40.4% of households. Other important languages spoken here include English, Spanish and Vietnamese.

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 Marshall St / Walnut Grove Ave neighborhood in Rosemead, CA, residents most commonly identify their ethnicity or ancestry as Asian (66.0%). There are also a number of people of Mexican ancestry (24.7%). In addition, 49.9% 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 Marshall St / Walnut Grove Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (32.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.8%) 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 (14.6%) . 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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