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Real Estate Prices & Overview

Lincoln Heights median real estate price is $661,919, which is less expensive than 69.4% of California neighborhoods and 23.4% of all U.S. neighborhoods.

The average rental price in Lincoln Heights is currently $2,151, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.8% of California neighborhoods.

Lincoln Heights is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Lincoln Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Lincoln Heights 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 Lincoln Heights are 4.8%, which is lower than one will find in 68.2% of American neighborhoods. Demand for real estate in Lincoln Heights 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 Los Angeles, the Lincoln Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Lincoln Heights neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Lincoln Heights neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 55.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.3% of the neighborhoods in the United States.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Lincoln Heights neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.5% of all American neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Lincoln Heights neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.1% 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 Lincoln Heights neighborhood has a greater percentage of residents born in another country (58.8%) than are found in 99.1% of all U.S. neighborhoods.

Diversity

Did you know that the Lincoln Heights neighborhood has more Asian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.3% of this neighborhood's residents have Asian ancestry and 3.1% have Native American ancestry.

Lincoln Heights is also pretty special linguistically. Significantly, 30.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.6% 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 Lincoln Heights 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 69.1% of U.S. neighborhoods. With 16.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.2% 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 Lincoln Heights neighborhood, 38.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 11.9% in clerical, assistant, and tech support 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 Lincoln Heights neighborhood is Spanish, spoken by 37.6% of households. Other important languages spoken here include Chinese, English and Vietnamese.

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 Lincoln Heights neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (46.3%). There are also a number of people of Mexican ancestry (37.6%), and residents who report Native American roots (3.1%), and some of the residents are also of South American ancestry (1.2%). In addition, 58.8% 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 Lincoln Heights neighborhood spend between 30 and 45 minutes commuting one-way to work (36.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.2%) 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 (16.5%) and 7.9% 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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