Del Rey median real estate price is $1,937,556, which is more expensive than 89.1% of the neighborhoods in California and 97.9% of the neighborhoods in the U.S.
The average rental price in Del Rey is currently $3,364, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.0% of California neighborhoods.
Del Rey is an urban neighborhood (based on population density) located in Los Angeles, California.
Del Rey 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 Del Rey neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Del Rey are 3.1%, which is lower than one will find in 78.4% of American neighborhoods. Demand for real estate in Del Rey is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Del Rey neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the most interesting things about the Del Rey neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.4% of the neighborhoods in America.
Did you know that the Del Rey neighborhood has more Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Hungarian ancestry.
Del Rey is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.6% 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 Del Rey neighborhood in Los Angeles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.1% of the neighborhoods in America. With 12.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.3% 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 Del Rey neighborhood, 66.0% 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 24.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.8%), and 5.7% in government jobs, whether they are in local, state, or federal positions.
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 Del Rey neighborhood is English, spoken by 67.4% of households. Other important languages spoken here include Spanish, Chinese and German/Yiddish.
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 Del Rey neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (23.0%). There are also a number of people of Mexican ancestry (16.3%), and residents who report English roots (12.0%), and some of the residents are also of German ancestry (10.4%), along with some Irish ancestry residents (10.2%), among others. In addition, 23.3% 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 Del Rey neighborhood spend between 15 and 30 minutes commuting one-way to work (30.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
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 (9.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.