Vermont Square South median real estate price is $803,492, which is more expensive than 43.4% of the neighborhoods in California and 84.0% of the neighborhoods in the U.S.
The average rental price in Vermont Square South is currently $2,607, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.3% of California neighborhoods.
Vermont Square South is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Vermont Square South 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 Vermont Square South neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Vermont Square South, the current vacancy rate is 0.4%, which is a lower rate of vacancies than 93.1% of all neighborhoods in the U.S. This means that the housing supply in Vermont Square South is very tight compared to the demand for property here.
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 Vermont Square South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Vermont Square South neighborhood is one of the most walkable neighborhoods in America.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 65.9% of the residential real estate in the Vermont Square South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Significantly, 62.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.2% of all U.S. neighborhoods.
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 Vermont Square South 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 56.1% of the neighborhoods in America. With 16.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.0% 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 Vermont Square South neighborhood, 30.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.7%), and 16.6% in clerical, assistant, and tech support 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 Vermont Square South neighborhood is Spanish, spoken by 62.1% of households. Other important languages spoken here include English and French.
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 Vermont Square South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (40.6%). There are also a number of people of Sub-Saharan African ancestry (1.4%), and residents who report German roots (1.4%), and some of the residents are also of Italian ancestry (1.4%), along with some Irish ancestry residents (1.3%), among others. In addition, 31.7% 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 Vermont Square South neighborhood spend between 30 and 45 minutes commuting one-way to work (37.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (70.7%) 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 (8.9%) and 7.1% 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.