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Real Estate Prices & Overview

Lynwood Rd / S Alameda St median real estate price is $860,238, which is more expensive than 50.2% of the neighborhoods in California and 86.8% of the neighborhoods in the U.S.

The average rental price in Lynwood Rd / S Alameda St is currently $2,234, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.9% of California neighborhoods.

Lynwood Rd / S Alameda St is a densely urban neighborhood (based on population density) located in Lynwood, California.

Lynwood Rd / S Alameda St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lynwood Rd / S Alameda St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Lynwood Rd / S Alameda St are 4.1%, which is lower than one will find in 73.0% of American neighborhoods. Demand for real estate in Lynwood Rd / S Alameda St 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.

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 Lynwood, the Lynwood Rd / S Alameda St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An interesting characteristic about the Lynwood Rd / S Alameda St neighborhood is that there are more incarcerated people living here than 99.2% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Occupations

NeighborhoodScout's exclusive research identifies the Lynwood Rd / S Alameda St 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 51.1% of its working residents employed in such fields, which is a higher proportion than 99.1% of American neighborhoods.

Modes of Transportation

In the Lynwood Rd / S Alameda St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.2% of commuters carpool here, which is more than in 96.7% of all U.S. neighborhoods.

Diversity

Did you know that the Lynwood Rd / S Alameda St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 68.5% of this neighborhood's residents have Mexican ancestry.

Lynwood Rd / S Alameda St is also pretty special linguistically. Significantly, 71.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% 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 Lynwood Rd / S Alameda St neighborhood in Lynwood are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.4% of U.S. neighborhoods. With 44.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.6% 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 Lynwood Rd / S Alameda St neighborhood, 51.1% 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 22.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 11.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lynwood Rd / S Alameda St neighborhood is Spanish, spoken by 71.3% of households. Some people also speak English (26.8%).

Ethnicity / Ancestry

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 Lynwood Rd / S Alameda St neighborhood in Lynwood, CA, residents most commonly identify their ethnicity or ancestry as Mexican (68.5%). There are also a number of people of German ancestry (1.8%), and residents who report Irish roots (1.4%). In addition, 33.3% 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 Lynwood Rd / S Alameda St neighborhood spend between 15 and 30 minutes commuting one-way to work (35.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.3%) 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 (24.2%) . 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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