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Real Estate Prices & Overview

La Jolla median real estate price is $1,013,938, which is more expensive than 61.4% of the neighborhoods in California and 87.8% of the neighborhoods in the U.S.

The average rental price in La Jolla is currently $3,362, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.5% of California neighborhoods.

La Jolla is a densely urban neighborhood (based on population density) located in Placentia, California.

La Jolla real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the La Jolla neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In La Jolla, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.1% of all neighborhoods in the U.S. This means that the housing supply in La Jolla is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The La Jolla neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 35.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.4% of America's neighborhoods.

Modes of Transportation

In the La Jolla neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.3% of commuters carpool here, which is more than in 95.6% of all U.S. neighborhoods.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the La Jolla neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.6% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

People

There is an especially high percentage of incarcerated people (0.7%) living in the La Jolla neighborhood.

Diversity

Did you know that the La Jolla neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 79.1% of this neighborhood's residents have Mexican ancestry.

La Jolla is also pretty special linguistically. Significantly, 75.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.1% 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 La Jolla neighborhood in Placentia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. With 19.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.5% 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 La Jolla neighborhood, 33.7% 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.8%), and 12.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the La Jolla neighborhood is Spanish, spoken by 75.1% of households. Some people also speak English (21.0%).

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 La Jolla neighborhood in Placentia, CA, residents most commonly identify their ethnicity or ancestry as Mexican (79.1%). There are also a number of people of Asian ancestry (2.6%), and residents who report Irish roots (1.5%), and some of the residents are also of German ancestry (1.3%). In addition, 40.1% 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 La Jolla neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.1%) 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 (23.3%) . 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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