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Real Estate Prices & Overview

Watts Northeast median real estate price is $628,258, which is less expensive than 72.2% of California neighborhoods and 24.1% of all U.S. neighborhoods.

The average rental price in Watts Northeast is currently $1,518, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.9% of California neighborhoods.

Watts Northeast is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Watts 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Watts Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Watts Northeast has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Los Angeles, the Watts Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

97.0% of the real estate in the Watts Northeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the Watts Northeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 88.7% 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 98.0% of all neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Watts Northeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Watts Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.8% 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 98.3% of all neighborhoods in America.

People

The Watts Northeast neighborhood stands out for having an average per capita income lower than 97.8% of the neighborhoods in the United States. The Watts Northeast neighborhood also has a greater percentage of children living in poverty (61.9%) than found in 97.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Watts Northeast neighborhood buck this trend. 21.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.5% of U.S. neighborhoods.

Modes of Transportation

In the Watts Northeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.1% of commuters carpool here, which is more than in 95.4% of all U.S. neighborhoods.

Also, our research revealed that more commuters here take the bus to work (10.1% ride the bus) than 95.4% 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.

Diversity

Did you know that the Watts Northeast neighborhood has more Mexican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.5% of this neighborhood's residents have Mexican ancestry and 2.3% have Haitian ancestry.

Watts Northeast is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

The Neighbors

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 Watts Northeast 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 97.8% of U.S. neighborhoods. With 61.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% of U.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 Watts Northeast neighborhood, 38.6% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.1%), and 10.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Watts Northeast neighborhood is Spanish, spoken by 67.9% of households. Some people also speak English (28.8%).

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 Watts Northeast neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (66.5%). There are also a number of people of Haitian ancestry (2.3%), and residents who report Asian roots (2.2%), and some of the residents are also of Puerto Rican ancestry (1.1%). In addition, 22.7% 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 Watts Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (31.0% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (13.8%) who commute over an hour in each direction.

Here most residents (57.5%) 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 (23.1%) and 10.1% 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.


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