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Real Estate Prices & Overview

Walnut Park Northeast median real estate price is $777,085, which is more expensive than 41.3% of the neighborhoods in California and 83.7% of the neighborhoods in the U.S.

The average rental price in Walnut Park Northeast is currently $2,081, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.1% of California neighborhoods.

Walnut Park Northeast is a densely urban neighborhood (based on population density) located in Huntington Park, California.

Walnut Park Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Walnut Park Northeast 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 1940 and 1969.

Real estate vacancies in Walnut Park Northeast are 3.8%, which is lower than one will find in 75.0% of American neighborhoods. Demand for real estate in Walnut Park Northeast 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 Huntington Park, the Walnut Park Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Walnut Park Northeast neighborhood is one of the most walkable neighborhoods in America.

People

NeighborhoodScout's exclusive research revealed that 93.3% of the adult residents in the Walnut Park Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.5% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (11.0% ride the bus) than 95.4% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the Walnut Park Northeast neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 86.2% of this neighborhood's residents have Mexican ancestry.

Walnut Park Northeast is also pretty special linguistically. Significantly, 88.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Walnut Park Northeast neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Walnut Park Northeast neighborhood has a greater percentage of residents born in another country (48.5%) than are found in 97.3% of all U.S. neighborhoods.

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 Walnut Park Northeast neighborhood in Huntington Park are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.0% of the neighborhoods in America. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.2% of U.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 Walnut Park Northeast neighborhood, 39.2% 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 24.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.1%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Walnut Park Northeast neighborhood is Spanish, spoken by 88.9% of households. Some people also speak English (10.5%).

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 Walnut Park Northeast neighborhood in Huntington Park, CA, residents most commonly identify their ethnicity or ancestry as Mexican (86.2%). In addition, 48.5% 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 Walnut Park Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.2%) 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 (11.6%) and 11.0% 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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