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Real Estate Prices & Overview

Vermont Knolls South median real estate price is $791,726, which is more expensive than 41.9% of the neighborhoods in California and 83.7% of the neighborhoods in the U.S.

The average rental price in Vermont Knolls South is currently $1,947, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.8% of California neighborhoods.

Vermont Knolls South is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Vermont Knolls South 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 Vermont Knolls South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Vermont Knolls South, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.3% of all neighborhoods in the U.S. This means that the housing supply in Vermont Knolls South is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.9% of U.S. neighborhoods.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Vermont Knolls South neighborhood has more single mother households than 98.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, one of the unique characteristics of the Vermont Knolls South neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.0% of the neighborhoods in America.

Also, neighborhoodScout's exclusive research revealed that 95.3% of the adult residents in the Vermont Knolls South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Vermont Knolls South neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.6% 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 98.5% of all neighborhoods in America.

Real Estate

Renter-occupied real estate is dominant in the Vermont Knolls South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.9%, which is higher than 97.3% 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.

In addition, if you like crowded places, then you will probably enjoy the the Vermont Knolls South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 21,985 people per square mile living here.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Vermont Knolls South neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.2% of all American neighborhoods.

Diversity

Significantly, 59.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.7% 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 Vermont Knolls South 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 98.0% of U.S. neighborhoods. With 52.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Vermont Knolls South neighborhood, 37.4% 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 30.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.1%), and 7.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Vermont Knolls South neighborhood is Spanish, spoken by 59.6% of households. Some people also speak English (40.0%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Vermont Knolls South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (34.8%). There are also a number of people of South American ancestry (5.7%), and residents who report Sub-Saharan African roots (2.2%), and some of the residents are also of African ancestry (2.2%). In addition, 28.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Vermont Knolls South neighborhood spend between 45 minutes and one hour commuting one-way to work (26.4% of working residents), longer and tougher than most commutes in America.

Here most residents (75.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (20.8%) . 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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