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Real Estate Prices & Overview

University of California Los Angeles median real estate price is $2,798,786, which is more expensive than 96.5% of the neighborhoods in California and 99.4% of the neighborhoods in the U.S.

Average rental prices in the University of California Los Angeles neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

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

University of California Los Angeles real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the University of California Los Angeles 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 University of California Los Angeles, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in University of California Los Angeles is very tight compared to the demand for property here.

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the University of California Los Angeles neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you like crowded places, then you will probably enjoy the the University of California Los Angeles neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 21,954 people per square mile living here.

People

Of note is NeighborhoodScout's research finding that the University of California Los Angeles neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the University of California Los Angeles community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the University of California Los Angeles neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.0% of college-friendly places to live in the state of California.

Also, an extraordinary 96.1% of the residents of the University of California Los Angeles neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Modes of Transportation

More people in University of California Los Angeles choose to walk to work each day (61.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

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 University of California Los Angeles neighborhood. In the University of California Los Angeles neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the University of California Los Angeles neighborhood has more Asian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.0% of this neighborhood's residents have Asian ancestry and 0.9% have Iranian ancestry.

University of California Los Angeles is also pretty special linguistically. Significantly, 4.1% 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 98.5% of the neighborhoods in America.

The Neighbors

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 University of California Los Angeles 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 100.0% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 University of California Los Angeles neighborhood, 39.6% of the working population is employed in executive, management, and professional 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 30.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.8%), and 2.8% in manufacturing and laborer 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 University of California Los Angeles neighborhood is English, spoken by 51.1% of households. Other important languages spoken here include Spanish, Chinese, Korean and Langs. of India.

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 University of California Los Angeles neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (39.0%). There are also a number of people of Mexican ancestry (15.0%), and residents who report German roots (5.7%), and some of the residents are also of Irish ancestry (4.1%), along with some Italian ancestry residents (3.5%), among others. In addition, 18.3% 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 University of California Los Angeles neighborhood spend under 15 minutes commuting one-way to work (52.0% of working residents), one of the shortest commutes across America.

Here most residents (61.6%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.5%) and 5.1% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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