Rampart Village median real estate price is $3,402,104, which is more expensive than 97.9% of the neighborhoods in California and 99.6% of the neighborhoods in the U.S.
The average rental price in Rampart Village is currently $3,079, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.2% of California neighborhoods.
Rampart Village is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Rampart Village 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Rampart Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Rampart Village has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Rampart Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Rampart Village neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 97.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, 94.6% of the real estate in the Rampart Village neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the Rampart Village neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 87.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.7% of American neighborhoods.
Also of note, if you like crowded places, then you will probably enjoy the the Rampart Village neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,432 people per square mile living here.
Did you know that the Rampart Village neighborhood has more Ukrainian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Ukrainian ancestry and 34.1% have Asian ancestry.
Rampart Village is also pretty special linguistically. Significantly, 19.8% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Rampart Village neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.0% of the neighborhoods in America. With 12.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.5% 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 Rampart Village neighborhood, 47.8% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 9.7% in manufacturing and laborer 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 Rampart Village neighborhood is Spanish, spoken by 34.7% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and Korean.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Rampart Village neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (34.1%). There are also a number of people of Mexican ancestry (16.0%), and residents who report Puerto Rican roots (8.2%), and some of the residents are also of South American ancestry (4.4%), along with some Ukrainian ancestry residents (3.9%), among others. In addition, 41.8% 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 Rampart Village neighborhood spend between 30 and 45 minutes commuting one-way to work (37.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (57.9%) 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 (10.7%) and 5.3% 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.