S Miramonte Blvd / E 62nd St median real estate price is $624,407, which is less expensive than 73.1% of California neighborhoods and 25.9% of all U.S. neighborhoods.
The average rental price in S Miramonte Blvd / E 62nd St is currently $2,105, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.7% of California neighborhoods.
S Miramonte Blvd / E 62nd St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
S Miramonte Blvd / E 62nd St 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 renter occupied. Many of the residences in the S Miramonte Blvd / E 62nd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in S Miramonte Blvd / E 62nd St are 5.2%, which is lower than one will find in 64.0% of American neighborhoods. Demand for real estate in S Miramonte Blvd / E 62nd St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
NeighborhoodScout's exclusive research identifies the S Miramonte Blvd / E 62nd St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 51.3% of its working residents employed in such fields, which is a higher proportion than 99.1% of American neighborhoods.
NeighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the S Miramonte Blvd / E 62nd St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.
If you love row houses and attached homes, you will probably really like the S Miramonte Blvd / E 62nd St neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 27.1% of the residential real estate here is classified as row houses and attached homes.
In addition, if you like crowded places, then you will probably enjoy the the S Miramonte Blvd / E 62nd St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,069 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 S Miramonte Blvd / E 62nd St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Did you know that the S Miramonte Blvd / E 62nd St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.7% of this neighborhood's residents have Mexican ancestry.
S Miramonte Blvd / E 62nd St is also pretty special linguistically. Significantly, 88.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.
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. More residents of the S Miramonte Blvd / E 62nd St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.4% 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.
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 S Miramonte Blvd / E 62nd St neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.9% of the neighborhoods in America. With 26.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.5% 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 S Miramonte Blvd / E 62nd St neighborhood, 51.3% 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 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.4%), and 12.4% in executive, management, and professional occupations.
The most common language spoken in the S Miramonte Blvd / E 62nd St neighborhood is Spanish, spoken by 88.7% of households. Some people also speak English (11.3%).
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 S Miramonte Blvd / E 62nd St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (77.7%). In addition, 41.9% of the residents of this neighborhood were born in another country.
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 S Miramonte Blvd / E 62nd St neighborhood spend between 30 and 45 minutes commuting one-way to work (38.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.9%) 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 (12.8%) and 6.5% 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.