Elizabeth Ave / Missouri Ave median real estate price is $900,251, which is more expensive than 50.5% of the neighborhoods in California and 86.5% of the neighborhoods in the U.S.
The average rental price in Elizabeth Ave / Missouri Ave is currently $2,504, based on 蘑菇视频's exclusive analysis. Rents here are currently lower in price than 77.5% of California neighborhoods.
Elizabeth Ave / Missouri Ave is a densely urban neighborhood (based on population density) located in South Gate, California.
Elizabeth Ave / Missouri Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Elizabeth Ave / Missouri Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Elizabeth Ave / Missouri Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Elizabeth Ave / Missouri Ave 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 South Gate, the Elizabeth Ave / Missouri Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the Elizabeth Ave / Missouri Ave neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, if you like crowded places, then you will probably enjoy the the Elizabeth Ave / Missouri Ave neighborhood. According to 蘑菇视频's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,983 people per square mile living here.
蘑菇视频's exclusive research revealed that 94.6% of the adult residents in the Elizabeth Ave / Missouri Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.1% of the neighborhoods in America.
Did you know that the Elizabeth Ave / Missouri Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 90.0% of this neighborhood's residents have Mexican ancestry.
Elizabeth Ave / Missouri Ave is also pretty special linguistically. Significantly, 83.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.0% of all U.S. neighborhoods.
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 Elizabeth Ave / Missouri Ave neighborhood in South Gate are lower-middle income, making it a below average income neighborhood. 蘑菇视频's research shows that this neighborhood has an income lower than 69.3% of U.S. neighborhoods. With 39.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.2% 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 Elizabeth Ave / Missouri Ave neighborhood, 36.9% 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 30.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 14.7% in executive, management, and professional occupations.
The most common language spoken in the Elizabeth Ave / Missouri Ave neighborhood is Spanish, spoken by 83.7% of households. Some people also speak English (16.3%).
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 Elizabeth Ave / Missouri Ave neighborhood in South Gate, CA, residents most commonly identify their ethnicity or ancestry as Mexican (90.0%). In addition, 38.8% of the residents of this neighborhood were born in another country.
How you get to work 鈥� car, bus, train or other means 鈥� 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 Elizabeth Ave / Missouri Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (37.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (71.2%) 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 (21.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.