S Miramonte Blvd / E 62nd St median real estate price is $624,407, which is less expensive than 73.1% of California neighborhoods and 25.9% of all U.S. neighborhoods.
The average rental price in S Miramonte Blvd / E 62nd St is currently $2,105, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.7% of California neighborhoods.
S Miramonte Blvd / E 62nd St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
S Miramonte Blvd / E 62nd St 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 S Miramonte Blvd / E 62nd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in S Miramonte Blvd / E 62nd St are 5.2%, which is lower than one will find in 64.0% of American neighborhoods. Demand for real estate in S Miramonte Blvd / E 62nd 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.
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 S Miramonte Blvd / E 62nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people work in manufacturing and as laborers here in the S Miramonte Blvd / E 62nd 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.
NeighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the S Miramonte Blvd / E 62nd St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.
If you love row houses and attached homes, you will probably really like the S Miramonte Blvd / E 62nd St neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 27.1% of the residential real estate here is classified as row houses and attached homes.
In addition, if you like crowded places, then you will probably enjoy the the S Miramonte Blvd / E 62nd St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,069 people per square mile living here. 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 S Miramonte Blvd / E 62nd St neighborhood is one of the most walkable neighborhoods in America.
Did you know that the S Miramonte Blvd / E 62nd St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.7% of this neighborhood's residents have Mexican ancestry.
S Miramonte Blvd / E 62nd St is also pretty special linguistically. Significantly, 88.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.
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 S Miramonte Blvd / E 62nd St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.4% 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.
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 S Miramonte Blvd / E 62nd St neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.9% of the neighborhoods in America. With 26.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.5% of U.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 S Miramonte Blvd / E 62nd St neighborhood, 51.3% 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 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.4%), and 12.4% in executive, management, and professional occupations.
The most common language spoken in the S Miramonte Blvd / E 62nd St neighborhood is Spanish, spoken by 88.7% of households. Some people also speak English (11.3%).
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 S Miramonte Blvd / E 62nd St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (77.7%). In addition, 41.9% of the residents of this neighborhood were born in another country.
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 S Miramonte Blvd / E 62nd St neighborhood spend between 30 and 45 minutes commuting one-way to work (38.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.9%) 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 (12.8%) and 6.5% 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.