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Real Estate Prices & Overview

E 62nd St / Avalon Blvd median real estate price is $563,069, which is less expensive than 77.2% of California neighborhoods and 29.3% of all U.S. neighborhoods.

The average rental price in E 62nd St / Avalon Blvd is currently $2,393, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.7% of California neighborhoods.

E 62nd St / Avalon Blvd is an urban neighborhood (based on population density) located in Los Angeles, California.

E 62nd St / Avalon Blvd 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 occupied by a mixture of owners and renters. Many of the residences in the E 62nd St / Avalon Blvd 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 1970 and 1999.

Real estate vacancies in E 62nd St / Avalon Blvd are 5.1%, which is lower than one will find in 63.4% of American neighborhoods. Demand for real estate in E 62nd St / Avalon Blvd 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 Los Angeles, the E 62nd St / Avalon Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the E 62nd St / Avalon Blvd neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 9.7% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.0% of U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 98.3% of the adult residents in the E 62nd St / Avalon Blvd neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.8% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.6% ride the bus) than 98.4% 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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E 62nd St / Avalon Blvd neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 62nd St / Avalon Blvd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.3% of all neighborhoods in America.

Diversity

Significantly, 78.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.5% of all U.S. neighborhoods.

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 62nd St / Avalon Blvd 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 73.9% of U.S. neighborhoods. With 16.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.9% 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 E 62nd St / Avalon Blvd neighborhood, 39.3% 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 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.5%), and 9.7% in farming, forestry, or commercial fishing.

Languages

The most common language spoken in the E 62nd St / Avalon Blvd neighborhood is Spanish, spoken by 78.4% of households. Some people also speak English (21.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the E 62nd St / Avalon Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (50.0%). There are also a number of people of Cuban ancestry (1.1%). In addition, 33.1% 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 62nd St / Avalon Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (29.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (10.6%) who commute over an hour in each direction.

Here most residents (52.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.6%) and 17.3% of residents also carpool with coworkers, friends, or neighbors 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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