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Real Estate Prices & Overview

W 107th St / Baring Cross St median real estate price is $698,196, which is less expensive than 65.6% of California neighborhoods and 19.7% of all U.S. neighborhoods.

The average rental price in W 107th St / Baring Cross St is currently $2,898, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.0% of California neighborhoods.

W 107th St / Baring Cross St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

W 107th St / Baring Cross St 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 W 107th St / Baring Cross St 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.

In W 107th St / Baring Cross St, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.5% of all neighborhoods in the U.S. This means that the housing supply in W 107th St / Baring Cross St is very tight compared to the demand for property here.

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 Los Angeles, the W 107th St / Baring Cross St 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 W 107th St / Baring Cross St neighborhood is one of the most walkable neighborhoods in America.

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 W 107th St / Baring Cross St neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.5% of U.S. neighborhoods. With 25.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.5% of U.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 W 107th St / Baring Cross St neighborhood, 33.8% 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 25.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.6%), and 18.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W 107th St / Baring Cross St neighborhood is Spanish, spoken by 51.1% of households. Some people also speak English (46.0%).

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 W 107th St / Baring Cross St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (33.0%). There are also a number of people of Sub-Saharan African ancestry (4.0%), and residents who report African roots (2.3%), and some of the residents are also of South American ancestry (1.7%), along with some Asian ancestry residents (1.2%), among others. In addition, 31.2% 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 W 107th St / Baring Cross St neighborhood spend between 15 and 30 minutes commuting one-way to work (28.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.6%) 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 (10.4%) and 5.9% 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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