About Los Angeles, CA (College Acres / Candy Cane Lane) Real Estate Prices and Overview College Acres / Candy Cane Lane median real estate price is $1,559,789, which is more expensive than 81.5% of the neighborhoods in California and 96.1% of the neighborhoods in the U.S. The average rental price in College Acres / Candy Cane Lane is currently $5,616, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 96.2% of the neighborhoods in California. College Acres / Candy Cane Lane is a suburban neighborhood (based on population density) located in Los Angeles, California. College Acres / Candy Cane Lane real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the College Acres / Candy Cane Lane neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999. College Acres / Candy Cane Lane has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.2% 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. Notable & Unique Neighborhood Characteristics Notable & Unique: People If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the College Acres / Candy Cane Lane neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the College Acres / Candy Cane Lane neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives. Notable & Unique: Diversity Did you know that the College Acres / Candy Cane Lane neighborhood has more Russian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Russian ancestry and 3.9% have Iranian ancestry. College Acres / Candy Cane Lane is also pretty special linguistically. Significantly, 5.1% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America. The Neighbors: Income 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 College Acres / Candy Cane Lane neighborhood in Los Angeles are wealthy, making it among the 15% highest income neighborhoods in America. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 94.8% of the neighborhoods in America. In addition, 2.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.2% of America's neighborhoods. The Neighbors: Occupations 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 College Acres / Candy Cane Lane neighborhood, 58.3% 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 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.7%), and 6.2% in manufacturing and laborer occupations. The Neighbors: 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 College Acres / Candy Cane Lane neighborhood is English, spoken by 75.4% of households. Other important languages spoken here include Persian, Spanish, Arabic and Russian. The Neighbors: Ethnicity / Ancestry Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. In the College Acres / Candy Cane Lane neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Russian (8.2%). There are also a number of people of English ancestry (7.5%), and residents who report Mexican roots (6.7%), and some of the residents are also of German ancestry (6.6%), along with some Asian ancestry residents (6.0%), among others. In addition, 18.9% 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 College Acres / Candy Cane Lane neighborhood spend between 45 minutes and one hour commuting one-way to work (31.1% of working residents), longer and tougher than most commutes in America. Here most residents (65.5%) 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 (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.