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Real Estate Prices & Overview

Avalon Blvd / E 71st St median real estate price is $691,177, which is more expensive than 33.8% of the neighborhoods in California and 80.0% of the neighborhoods in the U.S.

The average rental price in Avalon Blvd / E 71st St is currently $2,447, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.0% of California neighborhoods.

Avalon Blvd / E 71st St is an urban neighborhood (based on population density) located in Los Angeles, California.

Avalon Blvd / E 71st St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Avalon Blvd / E 71st St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Avalon Blvd / E 71st St, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.5% of all neighborhoods in the U.S. This means that the housing supply in Avalon Blvd / E 71st St 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 Avalon Blvd / E 71st St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Avalon Blvd / E 71st St neighborhood than in 98.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Avalon Blvd / E 71st St neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 39.0% of the households here have four, five, or more cars. That is more cars per household than in 97.8% of the neighborhoods in the nation.

Modes of Transportation

In the Avalon Blvd / E 71st St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.3% of commuters carpool here, which is more than in 97.7% of all U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Avalon Blvd / E 71st St neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 35.5% of the residential real estate here is classified as row houses and attached homes.

People

NeighborhoodScout's exclusive research revealed that 93.7% of the adult residents in the Avalon Blvd / E 71st St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.9% of the neighborhoods in America.

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 Avalon Blvd / E 71st St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.4% 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 Avalon Blvd / E 71st St neighborhood has a greater percentage of residents born in another country (48.9%) than are found in 97.4% of all U.S. neighborhoods.

Diversity

Did you know that the Avalon Blvd / E 71st St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 60.4% of this neighborhood's residents have Mexican ancestry.

Avalon Blvd / E 71st St is also pretty special linguistically. Significantly, 86.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% 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 Avalon Blvd / E 71st St neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.3% of U.S. neighborhoods. With 46.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.4% 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 Avalon Blvd / E 71st St neighborhood, 47.4% 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 30.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 9.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Avalon Blvd / E 71st St neighborhood is Spanish, spoken by 86.3% of households. Some people also speak English (13.7%).

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 Avalon Blvd / E 71st St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (60.4%). In addition, 48.9% 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 Avalon Blvd / E 71st St neighborhood spend between 30 and 45 minutes commuting one-way to work (50.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.8%) 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 (26.3%) and 9.3% 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.


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