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Real Estate Prices & Overview

E 52nd Pl / McKinley Ave median real estate price is $632,455, which is less expensive than 72.2% of California neighborhoods and 26.2% of all U.S. neighborhoods.

The average rental price in E 52nd Pl / McKinley Ave is currently $2,410, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.8% of California neighborhoods.

E 52nd Pl / McKinley Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E 52nd Pl / McKinley Ave 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 E 52nd Pl / McKinley Ave 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 1970 and 1999.

In E 52nd Pl / McKinley Ave, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in E 52nd Pl / McKinley 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 Los Angeles, the E 52nd Pl / McKinley Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.0% of residents in the E 52nd Pl / McKinley Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the E 52nd Pl / McKinley Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.1% of commuters carpool here, which is more than in 97.1% of all U.S. neighborhoods.

Finally, more people ride the bus in this neighborhood each day to get to work than 96.3% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the E 52nd Pl / McKinley Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.1% of neighborhoods in the U.S., with 20,754 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 52nd Pl / McKinley Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the E 52nd Pl / McKinley Ave neighborhood could be your paradise. With 25.5% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Significantly, 85.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% of all U.S. neighborhoods.

The Neighbors

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 E 52nd Pl / McKinley Ave neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.7% of U.S. neighborhoods. With 43.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 E 52nd Pl / McKinley Ave neighborhood, 40.8% 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 33.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 9.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the E 52nd Pl / McKinley Ave neighborhood is Spanish, spoken by 85.3% of households. Some people also speak English (14.5%).

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 E 52nd Pl / McKinley Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (48.7%). There are also a number of people of Sub-Saharan African ancestry (2.9%), and residents who report African roots (2.9%). In addition, 38.5% 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 E 52nd Pl / McKinley Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (31.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (52.8%) 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 (25.1%) and 12.6% 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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