E 43rd St / Ascot Ave median real estate price is $641,534, which is less expensive than 70.3% of California neighborhoods and 23.6% of all U.S. neighborhoods.
The average rental price in E 43rd St / Ascot Ave is currently $2,465, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.3% of California neighborhoods.
E 43rd St / Ascot Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.
E 43rd St / Ascot Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the E 43rd St / Ascot Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In E 43rd St / Ascot Ave, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.2% of all neighborhoods in the U.S. This means that the housing supply in E 43rd St / Ascot Ave 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.
The E 43rd St / Ascot Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,528 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 43rd St / Ascot Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
The E 43rd St / Ascot Ave neighborhood is unique for having just 7.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.9% of America's neighborhoods.
In addition, single parenting is hard. But you don't have to tell the E 43rd St / Ascot Ave neighborhood about it; they already know. 17.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.3% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
More people ride the bus in this neighborhood each day to get to work than 95.6% of U.S. neighborhoods.
Did you know that the E 43rd St / Ascot Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.1% of this neighborhood's residents have Mexican ancestry.
E 43rd St / Ascot Ave is also pretty special linguistically. Significantly, 75.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.1% of all U.S. neighborhoods.
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 E 43rd St / Ascot Ave 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 71.4% of U.S. neighborhoods. With 31.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.5% 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 E 43rd St / Ascot Ave neighborhood, 34.7% 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 29.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.1%), and 13.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the E 43rd St / Ascot Ave neighborhood is Spanish, spoken by 75.1% of households. Some people also speak English (23.3%).
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 43rd St / Ascot Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (69.1%). In addition, 39.9% 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 E 43rd St / Ascot Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (33.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (58.3%) 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 (17.5%) and 10.4% 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.