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Real Estate Prices & Overview

Norwood Cherrylee East median real estate price is $890,186, which is more expensive than 51.4% of the neighborhoods in California and 87.4% of the neighborhoods in the U.S.

The average rental price in Norwood Cherrylee East is currently $2,939, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.6% of California neighborhoods.

Norwood Cherrylee East is a densely urban neighborhood (based on population density) located in El Monte, California.

Norwood Cherrylee East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Norwood Cherrylee East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Norwood Cherrylee East, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.7% of all neighborhoods in the U.S. This means that the housing supply in Norwood Cherrylee East 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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Norwood Cherrylee East neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 45.2% 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.

People

One of the really interesting characteristics about the Norwood Cherrylee East neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.4% of college-friendly places to live in the state of California.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Norwood Cherrylee East neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.0% 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 Norwood Cherrylee East neighborhood has a greater percentage of residents born in another country (54.3%) than are found in 98.5% of all U.S. neighborhoods.

Diversity

Did you know that the Norwood Cherrylee East neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.9% of this neighborhood's residents have Asian ancestry.

Norwood Cherrylee East is also pretty special linguistically. Significantly, 11.1% 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 99.5% of the neighborhoods in America.

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 Norwood Cherrylee East neighborhood in El Monte are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.9% of U.S. neighborhoods. With 38.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.9% 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 Norwood Cherrylee East neighborhood, 33.8% 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 31.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.7%), and 13.8% in clerical, assistant, and tech support occupations.

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 Norwood Cherrylee East neighborhood is Spanish, spoken by 45.3% of households. Other important languages spoken here include Chinese, English, Vietnamese and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

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 Norwood Cherrylee East neighborhood in El Monte, CA, residents most commonly identify their ethnicity or ancestry as Mexican (50.7%). There are also a number of people of Asian ancestry (41.9%), and residents who report German roots (1.5%). In addition, 54.3% 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 Norwood Cherrylee East neighborhood spend between 30 and 45 minutes commuting one-way to work (27.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (73.7%) 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 (16.1%) . 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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