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Real Estate Prices & Overview

S New Hampshire Ave / W 4th St median real estate price is $2,069,207, which is more expensive than 92.1% of the neighborhoods in California and 98.5% of the neighborhoods in the U.S.

The average rental price in S New Hampshire Ave / W 4th St is currently $2,474, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.2% of California neighborhoods.

S New Hampshire Ave / W 4th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

S New Hampshire Ave / W 4th St 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 S New Hampshire Ave / W 4th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.7% in S New Hampshire Ave / W 4th St. NeighborhoodScout analysis shows that this rate is lower than 49.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

One of the really unique and interesting things about the look and setting of the S New Hampshire Ave / W 4th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.7% of all neighborhoods in America.

In addition, the S New Hampshire Ave / W 4th St 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 98.3% 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.

Furthermore, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 68,394 people per square mile, it is more densely populated than 99.1% of America'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 S New Hampshire Ave / W 4th St neighborhood is one of the most walkable neighborhoods in America.

Also of note, renter-occupied real estate is dominant in the S New Hampshire Ave / W 4th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.0%, which is higher than 99.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 9.7% of residents in the S New Hampshire Ave / W 4th St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.

Occupations

There are more people living in the S New Hampshire Ave / W 4th St neighborhood employed as sales and service workers (55.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 S New Hampshire Ave / W 4th St neighborhood has a highly unusual pattern of car ownership. 24.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.3% of U.S. 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. What is interesting to note, is that the S New Hampshire Ave / W 4th St neighborhood has a greater percentage of residents born in another country (66.4%) than are found in 99.6% of all U.S. neighborhoods.

Diversity

Did you know that the S New Hampshire Ave / W 4th St neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.7% of this neighborhood's residents have Asian ancestry.

S New Hampshire Ave / W 4th St is also pretty special linguistically. Significantly, 23.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.9% 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 S New Hampshire Ave / W 4th St neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.1% of U.S. neighborhoods. With 43.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.9% 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 S New Hampshire Ave / W 4th St neighborhood, 44.7% 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 executive, management, and professional occupations, with 32.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 7.8% 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 S New Hampshire Ave / W 4th St neighborhood is Spanish, spoken by 45.7% of households. Other important languages spoken here include Korean, English and Tagalog (the first language of the Philippine region).

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 S New Hampshire Ave / W 4th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (43.7%). There are also a number of people of Mexican ancestry (16.3%), and residents who report Dominican roots (1.8%), and some of the residents are also of Irish ancestry (1.4%). In addition, 66.4% 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 S New Hampshire Ave / W 4th St neighborhood spend between 30 and 45 minutes commuting one-way to work (30.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (49.5%) 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 (16.8%) and 15.4% 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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