Dennison St / S Downey Rd median real estate price is $837,974, which is more expensive than 47.7% of the neighborhoods in California and 86.1% of the neighborhoods in the U.S.
The average rental price in Dennison St / S Downey Rd is currently $2,300, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.2% of California neighborhoods.
Dennison St / S Downey Rd is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Dennison St / S Downey Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Dennison St / S Downey Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Dennison St / S Downey Rd are 4.7%, which is lower than one will find in 68.4% of American neighborhoods. Demand for real estate in Dennison St / S Downey Rd 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.
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.
Did you know that the Dennison St / S Downey Rd neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 88.1% of this neighborhood's residents have Mexican ancestry.
Dennison St / S Downey Rd is also pretty special linguistically. Significantly, 82.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.
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 Dennison St / S Downey Rd 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 80.5% of U.S. neighborhoods. With 33.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.5% 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 Dennison St / S Downey Rd neighborhood, 33.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.7%), and 14.9% in executive, management, and professional occupations.
The most common language spoken in the Dennison St / S Downey Rd neighborhood is Spanish, spoken by 82.4% of households. Some people also speak English (16.4%).
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 Dennison St / S Downey Rd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (88.1%). There are also a number of people of Asian ancestry (1.1%). In addition, 35.7% 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 Dennison St / S Downey Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (39.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.7%) 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 (16.1%) and 8.8% 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.