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Real Estate Prices & Overview

Rosemead South median real estate price is $897,231, which is more expensive than 54.0% of the neighborhoods in California and 88.3% of the neighborhoods in the U.S.

The average rental price in Rosemead South is currently $2,796, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.0% of California neighborhoods.

Rosemead South is a rural neighborhood (based on population density) located in Rosemead, California.

Rosemead South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rosemead South 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 Rosemead South, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Rosemead South is very tight compared to the demand for property here.

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 Rosemead, the Rosemead South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Rosemead South neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Rosemead South neighborhood could be your paradise. With 36.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

People

Single parenting is hard. But you don't have to tell the Rosemead South neighborhood about it; they already know. 27.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.3% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Rosemead South neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 45.0% of the households here have four, five, or more cars. That is more cars per household than in 99.2% of the neighborhoods in the nation.

Diversity

Did you know that the Rosemead South neighborhood has more Asian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 52.3% of this neighborhood's residents have Asian ancestry and 9.4% have Dominican ancestry.

Rosemead South is also pretty special linguistically. Significantly, 35.7% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Rosemead South neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Rosemead South neighborhood has a greater percentage of residents born in another country (49.4%) than are found in 97.5% 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 Rosemead South neighborhood in Rosemead are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.1% of the neighborhoods in America. With 23.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Rosemead South neighborhood, 45.0% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.0%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Rosemead South neighborhood is Vietnamese, spoken by 35.7% of households. Other important languages spoken here include English, Spanish and Chinese.

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 Rosemead South neighborhood in Rosemead, CA, residents most commonly identify their ethnicity or ancestry as Asian (52.3%). There are also a number of people of Mexican ancestry (35.8%), and residents who report Dominican roots (9.4%). In addition, 49.4% 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 Rosemead South neighborhood spend between 30 and 45 minutes commuting one-way to work (40.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (79.7%) drive alone in a private automobile to get to work. 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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