Veterans Park / Laguna median real estate price is $761,101, which is more expensive than 39.5% of the neighborhoods in California and 83.0% of the neighborhoods in the U.S.
The average rental price in Veterans Park / Laguna is currently $2,256, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.3% of California neighborhoods.
Veterans Park / Laguna is a suburban neighborhood (based on population density) located in Commerce, California.
Veterans Park / Laguna 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 occupied by a mixture of owners and renters. Many of the residences in the Veterans Park / Laguna 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 Veterans Park / Laguna, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in Veterans Park / Laguna is very tight compared to the demand for property here.
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 Commerce, the Veterans Park / Laguna neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Veterans Park / Laguna neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.6% of this neighborhood's residents have Mexican ancestry.
Veterans Park / Laguna is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
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 Veterans Park / Laguna neighborhood in Commerce are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.6% of U.S. neighborhoods. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.3% 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 Veterans Park / Laguna neighborhood, 30.3% 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 26.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.1%), and 16.6% in clerical, assistant, and tech support occupations.
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 Veterans Park / Laguna neighborhood is Spanish, spoken by 68.8% of households. Other important languages spoken here include English and Native American languages.
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 Veterans Park / Laguna neighborhood in Commerce, CA, residents most commonly identify their ethnicity or ancestry as Mexican (70.6%). There are also a number of people of English ancestry (3.3%), and residents who report Spanish roots (2.2%), and some of the residents are also of German ancestry (1.6%), along with some Sub-Saharan African ancestry residents (1.3%), among others. In addition, 34.3% 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 Veterans Park / Laguna neighborhood spend between 30 and 45 minutes commuting one-way to work (30.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (70.0%) 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 (13.8%) and 6.9% 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.