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Real Estate Prices & Overview

Ramona Acres East median real estate price is $675,834, which is less expensive than 67.3% of California neighborhoods and 21.9% of all U.S. neighborhoods.

The average rental price in Ramona Acres East is currently $2,962, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.7% of California neighborhoods.

Ramona Acres East is a densely urban neighborhood (based on population density) located in Monterey Park, California.

Ramona Acres East 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Ramona Acres East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.7% in Ramona Acres East. NeighborhoodScout analysis shows that this rate is lower than 55.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

Our research shows that more people carpool to work here in the Ramona Acres East (23.9%) than in 96.5% of the neighborhoods in America.

Real Estate

If you like crowded places, then you will probably enjoy the the Ramona Acres East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.4% of neighborhoods in the U.S., with 26,668 people per square mile living here.

Diversity

Did you know that the Ramona Acres East neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 88.3% of this neighborhood's residents have Asian ancestry.

Ramona Acres East is also pretty special linguistically. Significantly, 68.4% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

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 Ramona Acres East neighborhood has a greater percentage of residents born in another country (70.1%) than are found in 99.8% 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 Ramona Acres East neighborhood in Monterey Park are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.7% of U.S. neighborhoods. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.8% 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 Ramona Acres East neighborhood, 33.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.0%), and 19.9% in manufacturing and laborer 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 Ramona Acres East neighborhood is Chinese, spoken by 68.4% of households. Other important languages spoken here include English, Spanish, Vietnamese 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 Ramona Acres East neighborhood in Monterey Park, CA, residents most commonly identify their ethnicity or ancestry as Asian (88.3%). There are also a number of people of Mexican ancestry (6.6%), and residents who report German roots (1.4%). In addition, 70.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Ramona Acres East neighborhood spend between 15 and 30 minutes commuting one-way to work (39.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.4%) 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 (23.9%) and 5.9% 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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