La Mirada Ave / N Serrano Ave median real estate price is $1,082,384, which is more expensive than 65.8% of the neighborhoods in California and 91.9% of the neighborhoods in the U.S.
The average rental price in La Mirada Ave / N Serrano Ave is currently $2,360, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.8% of California neighborhoods.
La Mirada Ave / N Serrano Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.
La Mirada Ave / N Serrano Ave 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the La Mirada Ave / N Serrano Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 6.1% in La Mirada Ave / N Serrano Ave. NeighborhoodScout analysis shows that this rate is lower than 56.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
The La Mirada Ave / N Serrano Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 95.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, renter-occupied real estate is dominant in the La Mirada Ave / N Serrano Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.3%, which is higher than 98.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, if you like crowded places, then you will probably enjoy the the La Mirada Ave / N Serrano Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,930 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 La Mirada Ave / N Serrano Ave neighborhood is one of the most walkable neighborhoods in America.
Also of note, one of the really unique and interesting things about the look and setting of the La Mirada Ave / N Serrano Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 77.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.3% of all neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 98.9% of U.S. neighborhoods.
Did you know that the La Mirada Ave / N Serrano Ave neighborhood has more Armenian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Armenian ancestry and 4.1% have Arab ancestry.
La Mirada Ave / N Serrano Ave is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the La Mirada Ave / N Serrano Ave neighborhood. What is interesting to note, is that the La Mirada Ave / N Serrano Ave neighborhood has a greater percentage of residents born in another country (49.1%) than are found in 97.2% 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 La Mirada Ave / N Serrano 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 80.3% of U.S. neighborhoods. In addition, 5.9% 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 60.8% of America'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 La Mirada Ave / N Serrano Ave neighborhood, 34.0% 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 executive, management, and professional occupations, with 30.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.2%), and 16.7% in clerical, assistant, and tech support 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 La Mirada Ave / N Serrano Ave neighborhood is Spanish, spoken by 53.1% of households. Other important languages spoken here include English, Arabic, 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 La Mirada Ave / N Serrano Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (18.8%). There are also a number of people of Asian ancestry (9.7%), and residents who report Armenian roots (4.5%), and some of the residents are also of Arab ancestry (4.1%), along with some German ancestry residents (3.7%), among others. In addition, 49.1% of the residents of this neighborhood were born in another country.
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 La Mirada Ave / N Serrano Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (37.7% of working residents), longer and tougher than most commutes in America.
Here most residents (47.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (20.5%) and 13.1% 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.