Median real estate price in the City Center of Redondo Beach is $1,190,021, which is more expensive than 65.8% of the neighborhoods in California and 91.5% of the neighborhoods in the U.S.
The average rental price in Redondo Beach City Center is currently $4,099, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.1% of the neighborhoods in California.
Redondo Beach City Center is a densely urban neighborhood (based on population density) located in Redondo Beach, California.
Real estate in the City Center of Redondo Beach, CA is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Redondo Beach City Center, 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 Redondo Beach City Center is very tight compared to the demand for property here.
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.
With a real estate vacancy rate of only 0.0%, the Redondo Beach City Center neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Of note is NeighborhoodScout's research finding that the Redondo Beach City Center 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 Redondo Beach City Center community truly stands out from the rest in this regard.
Did you know that the Redondo Beach City Center neighborhood has more Yugoslav and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Yugoslav ancestry and 1.4% have Armenian ancestry.
Redondo Beach City Center is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
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 City Center neighborhood in Redondo Beach are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.6% of the neighborhoods in America. 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.
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 Redondo Beach City Center neighborhood, 59.3% 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 17.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.5%), and 7.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Redondo Beach City Center neighborhood is English, spoken by 74.8% of households. Some people also speak Spanish (16.4%).
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 City Center neighborhood in Redondo Beach, CA, residents most commonly identify their ethnicity or ancestry as English (15.7%). There are also a number of people of Irish ancestry (12.9%), and residents who report Mexican roots (12.1%), and some of the residents are also of German ancestry (10.9%), along with some Asian ancestry residents (9.8%), among others. In addition, 21.8% 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 Redondo Beach City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (45.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.