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Real Estate Prices & Overview

E 22nd St / Griffith Ave median real estate price is $919,868, which is more expensive than 52.7% of the neighborhoods in California and 87.4% of the neighborhoods in the U.S.

The average rental price in E 22nd St / Griffith Ave is currently $2,206, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.5% of California neighborhoods.

E 22nd St / Griffith Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E 22nd St / Griffith Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E 22nd St / Griffith Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In E 22nd St / Griffith Ave, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.9% of all neighborhoods in the U.S. This means that the housing supply in E 22nd St / Griffith Ave 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 Los Angeles, the E 22nd St / Griffith Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.3% of U.S. neighborhoods.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the E 22nd St / Griffith Ave neighborhood is a fantastic option for bicycle commuters, as 3.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.7% of the neighborhoods in America.

Real Estate

The E 22nd St / Griffith Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,490 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods. 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 E 22nd St / Griffith Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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. What is interesting to note, is that the E 22nd St / Griffith Ave neighborhood has a greater percentage of residents born in another country (50.0%) than are found in 97.6% of all U.S. neighborhoods.

Diversity

Did you know that the E 22nd St / Griffith Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 71.6% of this neighborhood's residents have Mexican ancestry.

E 22nd St / Griffith Ave is also pretty special linguistically. Significantly, 85.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% 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 E 22nd St / Griffith Ave neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.7% of U.S. neighborhoods. With 32.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.4% 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 E 22nd St / Griffith Ave neighborhood, 41.5% of the working population is employed in manufacturing and laborer 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 34.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 11.4% in executive, management, and professional 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 E 22nd St / Griffith Ave neighborhood is Spanish, spoken by 85.2% of households. Other important languages spoken here include English and Korean.

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 E 22nd St / Griffith Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (71.6%). There are also a number of people of Asian ancestry (4.5%), and residents who report Italian roots (1.6%). In addition, 50.0% 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 E 22nd St / Griffith Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (27.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (47.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.4%) and 16.6% of residents also carpool with coworkers, friends, or neighbors 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.


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