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Real Estate Prices & Overview

Rosecrans Ave / Garfield Ave median real estate price is $684,437, which is more expensive than 33.5% of the neighborhoods in California and 77.8% of the neighborhoods in the U.S.

The average rental price in Rosecrans Ave / Garfield Ave is currently $2,830, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.3% of California neighborhoods.

Rosecrans Ave / Garfield Ave is an urban neighborhood (based on population density) located in Paramount, California.

Rosecrans Ave / Garfield Ave 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rosecrans Ave / Garfield Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Rosecrans Ave / Garfield Ave, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.4% of all neighborhoods in the U.S. This means that the housing supply in Rosecrans Ave / Garfield Ave 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 Paramount, the Rosecrans Ave / Garfield Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Rosecrans Ave / Garfield Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.3% of this neighborhood's residents have Mexican ancestry.

Rosecrans Ave / Garfield Ave is also pretty special linguistically. Significantly, 77.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.3% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Rosecrans Ave / Garfield Ave neighborhood. More residents of the Rosecrans Ave / Garfield Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.7% 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.

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 Rosecrans Ave / Garfield Ave neighborhood in Paramount are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.3% of U.S. neighborhoods. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.5% 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 Rosecrans Ave / Garfield Ave neighborhood, 36.4% 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 27.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 14.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Rosecrans Ave / Garfield Ave neighborhood is Spanish, spoken by 77.2% of households. Some people also speak English (20.0%).

Ethnicity / Ancestry

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 Rosecrans Ave / Garfield Ave neighborhood in Paramount, CA, residents most commonly identify their ethnicity or ancestry as Mexican (83.3%). There are also a number of people of Asian ancestry (1.7%), and residents who report Arab roots (1.2%). In addition, 39.1% 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 Rosecrans Ave / Garfield Ave neighborhood spend under 15 minutes commuting one-way to work (30.6% of working residents), one of the shortest commutes across America.

Here most residents (69.2%) 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 (14.7%) . 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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