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Real Estate Prices & Overview

E 43rd St / Ascot Ave median real estate price is $697,410, which is less expensive than 65.5% of California neighborhoods and 20.1% of all U.S. neighborhoods.

The average rental price in E 43rd St / Ascot Ave is currently $2,725, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.5% of California neighborhoods.

E 43rd St / Ascot Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E 43rd St / Ascot Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the E 43rd St / Ascot Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in E 43rd St / Ascot Ave are 4.8%, which is lower than one will find in 67.9% of American neighborhoods. Demand for real estate in E 43rd St / Ascot Ave 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The E 43rd St / Ascot Ave neighborhood is unique for having just 4.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.8% of America's neighborhoods.

Real Estate

The E 43rd St / Ascot Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,528 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 43rd St / Ascot Ave neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (14.2% ride the bus) than 97.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the E 43rd St / Ascot Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.6% of this neighborhood's residents have Mexican ancestry.

E 43rd St / Ascot Ave is also pretty special linguistically. Significantly, 83.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.0% 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 E 43rd St / Ascot Ave neighborhood. What is interesting to note, is that the E 43rd St / Ascot Ave neighborhood has a greater percentage of residents born in another country (47.3%) than are found in 96.9% 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 E 43rd St / Ascot Ave 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 75.0% of U.S. neighborhoods. With 48.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.4% 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 E 43rd St / Ascot Ave neighborhood, 41.0% 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 29.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.6%), and 10.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E 43rd St / Ascot Ave neighborhood is Spanish, spoken by 83.8% of households. Some people also speak English (14.4%).

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 E 43rd St / Ascot Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (73.6%). In addition, 47.3% 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 E 43rd St / Ascot Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (32.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.1%) 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 (19.1%) and 14.2% 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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