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Real Estate Prices & Overview

E Ave R 4 / Lasker Ave median real estate price is $482,349, which is less expensive than 83.6% of California neighborhoods and 36.0% of all U.S. neighborhoods.

The average rental price in E Ave R 4 / Lasker Ave is currently $3,032, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.9% of California neighborhoods.

E Ave R 4 / Lasker Ave is an urban neighborhood (based on population density) located in Palmdale, California.

E Ave R 4 / Lasker Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E Ave R 4 / Lasker Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in E Ave R 4 / Lasker Ave are 5.0%, which is lower than one will find in 66.3% of American neighborhoods. Demand for real estate in E Ave R 4 / Lasker Ave 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 Palmdale, the E Ave R 4 / Lasker Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the E Ave R 4 / Lasker Ave neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Armenian ancestry.

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 E Ave R 4 / Lasker Ave neighborhood in Palmdale are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.1% of U.S. neighborhoods. In addition, 10.3% 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 50.0% of America'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 Ave R 4 / Lasker Ave neighborhood, 30.7% 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 manufacturing and laborer occupations, with 28.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.9%), and 15.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E Ave R 4 / Lasker Ave neighborhood is Spanish, spoken by 49.5% of households. Some people also speak English (47.6%).

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 E Ave R 4 / Lasker Ave neighborhood in Palmdale, CA, residents most commonly identify their ethnicity or ancestry as Mexican (52.5%). There are also a number of people of English ancestry (3.7%), and residents who report Asian roots (3.3%), and some of the residents are also of Armenian ancestry (2.7%), along with some Italian ancestry residents (2.7%), among others. In addition, 25.3% 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 E Ave R 4 / Lasker Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (37.3% of working residents), longer and tougher than most commutes in America.

Here most residents (79.2%) 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 (11.1%) . 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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