Monk's Hill / Myrtle median real estate price is $1,092,065, which is more expensive than 63.2% of the neighborhoods in California and 89.9% of the neighborhoods in the U.S.
The average rental price in Monk's Hill / Myrtle is currently $3,101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.5% of California neighborhoods.
Monk's Hill / Myrtle is a densely urban neighborhood (based on population density) located in Pasadena, California.
Monk's Hill / Myrtle real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Monk's Hill / Myrtle neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Monk's Hill / Myrtle are 5.9%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Monk's Hill / Myrtle 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.
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 Pasadena, the Monk's Hill / Myrtle neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Monk's Hill / Myrtle neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Did you know that the Monk's Hill / Myrtle neighborhood has more Canadian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Canadian ancestry and 0.6% have Armenian ancestry.
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 Monk's Hill / Myrtle neighborhood in Pasadena are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.6% of the neighborhoods in America. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% 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 Monk's Hill / Myrtle neighborhood, 35.7% of the working population is employed in executive, management, and professional 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 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 13.1% in manufacturing and laborer occupations.
The most common language spoken in the Monk's Hill / Myrtle neighborhood is English, spoken by 53.5% of households. Some people also speak Spanish (39.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Monk's Hill / Myrtle neighborhood in Pasadena, CA, residents most commonly identify their ethnicity or ancestry as Mexican (32.7%). There are also a number of people of Asian ancestry (6.3%), and residents who report German roots (3.7%), and some of the residents are also of English ancestry (3.7%), along with some Italian ancestry residents (2.4%), among others. In addition, 30.5% 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 Monk's Hill / Myrtle neighborhood spend under 15 minutes commuting one-way to work (32.6% of working residents), one of the shortest commutes across America.
Here most residents (59.4%) 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%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.