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Real Estate Prices & Overview

Watts Northwest median real estate price is $656,374, which is less expensive than 68.6% of California neighborhoods and 22.8% of all U.S. neighborhoods.

The average rental price in Watts Northwest is currently $2,208, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.5% of California neighborhoods.

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

Watts Northwest 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 renter occupied. Many of the residences in the Watts Northwest 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 Watts Northwest, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.6% of all neighborhoods in the U.S. This means that the housing supply in Watts Northwest 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.

People

The Watts Northwest neighborhood is unique for having just 3.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.9% of America's neighborhoods.

Modes of Transportation

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 Watts Northwest neighborhood is a fantastic option for bicycle commuters, as 3.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.6% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Watts Northwest neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.7% of its working residents employed in such fields, which is a higher proportion than 95.8% of American neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Watts Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.0% of neighborhoods in the U.S., with 20,382 people per square mile living here.

Diversity

Did you know that the Watts Northwest neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 64.7% of this neighborhood's residents have Mexican ancestry.

Watts Northwest is also pretty special linguistically. Significantly, 66.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.9% of all U.S. neighborhoods.

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 Northwest 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 80.4% of U.S. neighborhoods. With 35.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.2% 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 Northwest neighborhood, 42.7% 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 10.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the Watts Northwest neighborhood is Spanish, spoken by 66.4% of households. Some people also speak English (33.5%).

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 Northwest neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (64.7%). There are also a number of people of Native American ancestry (1.4%). In addition, 21.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 Watts Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (33.7% of working residents), longer and tougher than most commutes in America.

Here most residents (61.0%) 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 (14.5%) and 7.1% 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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