E 43rd St / Ascot Ave median real estate price is $704,605, which is more expensive than 33.3% of the neighborhoods in California and 79.5% of the neighborhoods in the U.S.
The average rental price in E 43rd St / Ascot Ave is currently $2,671, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.2% 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 small apartment buildings. 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 1970 and 1999.
In E 43rd St / Ascot Ave, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.1% of all neighborhoods in the U.S. This means that the housing supply in E 43rd St / Ascot Ave is very tight compared to the demand for property here.
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 E 43rd St / Ascot Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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. 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 E 43rd St / Ascot Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
NeighborhoodScout's exclusive research revealed that 94.5% of the adult residents in the E 43rd St / Ascot Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 96.3% of U.S. neighborhoods.
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, 73.3% of this neighborhood's residents have Mexican ancestry.
E 43rd St / Ascot Ave is also pretty special linguistically. Significantly, 80.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.7% of all U.S. neighborhoods.
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 low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.7% of U.S. neighborhoods. With 38.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the E 43rd St / Ascot Ave neighborhood, 40.0% 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 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.7%), and 12.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the E 43rd St / Ascot Ave neighborhood is Spanish, spoken by 80.6% of households. Some people also speak English (17.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the E 43rd St / Ascot Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (73.3%). In addition, 41.2% of the residents of this neighborhood were born in another country.
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 (33.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (61.1%) 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 (14.4%) and 12.1% 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.