S Grand Ave / W 45th St median real estate price is $994,813, which is more expensive than 57.2% of the neighborhoods in California and 88.9% of the neighborhoods in the U.S.
The average rental price in S Grand Ave / W 45th St is currently $2,320, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.0% of California neighborhoods.
S Grand Ave / W 45th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
S Grand Ave / W 45th 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 renter occupied. Many of the residences in the S Grand Ave / W 45th 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 1970 and 1999.
In S Grand Ave / W 45th St, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 81.7% of all neighborhoods in the U.S. This means that the housing supply in S Grand Ave / W 45th St is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Single parenting is hard. But you don't have to tell the S Grand Ave / W 45th St neighborhood about it; they already know. 29.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.5% 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.
In addition, the S Grand Ave / W 45th St neighborhood stands out for having an average per capita income lower than 95.5% of the neighborhoods in the United States. Also of note, 70.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Also, neighborhoodScout's exclusive research revealed that 94.6% of the adult residents in the S Grand Ave / W 45th St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.
Finally, with a nice mix of college students, safety from crime, and decent walkability, the S Grand Ave / W 45th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.5% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the S Grand Ave / W 45th St neighborhood is a fantastic option for bicycle commuters, as 6.2% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.9% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (15.5% ride the bus) than 97.7% 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.
If you like crowded places, then you will probably enjoy the the S Grand Ave / W 45th St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 25,302 people per square mile living here. 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 S Grand Ave / W 45th St neighborhood is one of the most walkable neighborhoods in America.
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 S Grand Ave / W 45th St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.3% of U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the S Grand Ave / W 45th St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.5% 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.
Did you know that the S Grand Ave / W 45th St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.8% of this neighborhood's residents have Mexican ancestry.
S Grand Ave / W 45th St is also pretty special linguistically. Significantly, 86.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% 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 S Grand Ave / W 45th St neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.5% of U.S. neighborhoods. With 70.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% 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 S Grand Ave / W 45th St neighborhood, 39.8% 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 30.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 9.4% in executive, management, and professional occupations.
Languages
The most common language spoken in the S Grand Ave / W 45th St neighborhood is Spanish, spoken by 86.5% of households. Some people also speak English (13.2%).
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 S Grand Ave / W 45th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (67.8%). There are also a number of people of Sub-Saharan African ancestry (1.2%), and residents who report English roots (1.2%). In addition, 41.6% 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 S Grand Ave / W 45th St neighborhood spend between 30 and 45 minutes commuting one-way to work (34.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (52.7%) 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 (18.4%) and 15.5% 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.
