Greater Wilshire Northeast median real estate price is $2,571,412, which is more expensive than 93.9% of the neighborhoods in California and 98.8% of the neighborhoods in the U.S.
The average rental price in Greater Wilshire Northeast is currently $2,938, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.5% of California neighborhoods.
Greater Wilshire Northeast is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Greater Wilshire Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Greater Wilshire Northeast 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.
Real estate vacancies in Greater Wilshire Northeast are 5.2%, which is lower than one will find in 62.5% of American neighborhoods. Demand for real estate in Greater Wilshire Northeast 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.
With more than 2.0% of residents living with a same sex partner, Greater Wilshire Northeast is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.8% of U.S. neighborhoods.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Greater Wilshire Northeast 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 86.9% 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.
Did you know that the Greater Wilshire Northeast neighborhood has more Armenian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Armenian ancestry and 1.6% have Lithuanian ancestry.
Greater Wilshire Northeast is also pretty special linguistically. Significantly, 21.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Greater Wilshire Northeast neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.8% of the neighborhoods in America. In addition, 7.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 56.6% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Greater Wilshire Northeast neighborhood, 45.6% of the working population is employed in executive, management, and professional 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 24.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.7%), and 7.8% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Greater Wilshire Northeast neighborhood is English, spoken by 42.8% of households. Other important languages spoken here include Spanish, Korean, Tagalog (the first language of the Philippine region) and Chinese.
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 Greater Wilshire Northeast neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (31.6%). There are also a number of people of Irish ancestry (12.3%), and residents who report Mexican roots (11.0%), and some of the residents are also of French ancestry (7.5%), along with some English ancestry residents (6.0%), among others. In addition, 38.2% 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 Greater Wilshire Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (44.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (60.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.2%) and 6.4% 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.