What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Tobias Ave / W Parthenia St median real estate price is $622,889, which is less expensive than 73.5% of California neighborhoods and 25.5% of all U.S. neighborhoods.
The average rental price in Tobias Ave / W Parthenia St is currently $2,655, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.8% of California neighborhoods.
Tobias Ave / W Parthenia St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Tobias Ave / W Parthenia St 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Tobias Ave / W Parthenia St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Tobias Ave / W Parthenia St, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 85.9% of all neighborhoods in the U.S. This means that the housing supply in Tobias Ave / W Parthenia St 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 Tobias Ave / W Parthenia St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The Tobias Ave / W Parthenia St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, the Tobias Ave / W Parthenia St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 58,413 persons per square mile in the neighborhood, it is more packed with people than 98.8% of the nation's neighborhoods.
Furthermore, the real estate in the Tobias Ave / W Parthenia St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 92.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.6% of American neighborhoods.
Also of note, renter-occupied real estate is dominant in the Tobias Ave / W Parthenia St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.8%, which is higher than 97.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (16.1% ride the bus) than 97.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Tobias Ave / W Parthenia St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.6% of all neighborhoods in America.
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 Tobias Ave / W Parthenia St neighborhood. More residents of the Tobias Ave / W Parthenia St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% 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. What is interesting to note, is that the Tobias Ave / W Parthenia St neighborhood has a greater percentage of residents born in another country (50.8%) than are found in 97.7% of all U.S. neighborhoods.
Diversity
Did you know that the Tobias Ave / W Parthenia St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.1% of this neighborhood's residents have Mexican ancestry.
Tobias Ave / W Parthenia St is also pretty special linguistically. Significantly, 90.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.
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 Tobias Ave / W Parthenia St neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.9% of U.S. neighborhoods. With 50.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% 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 Tobias Ave / W Parthenia St neighborhood, 36.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.5%), and 12.8% in executive, management, and professional occupations.
Languages
The most common language spoken in the Tobias Ave / W Parthenia St neighborhood is Spanish, spoken by 90.0% of households. Some people also speak English (8.5%).
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 Tobias Ave / W Parthenia St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (65.1%). There are also a number of people of Asian ancestry (1.8%). In addition, 50.8% 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 Tobias Ave / W Parthenia St neighborhood spend between 45 minutes and one hour commuting one-way to work (27.7% of working residents), longer and tougher than most commutes in America.
Here most residents (60.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.1%) and 15.3% of residents also carpool with coworkers, friends, or neighbors 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.
SCOUT’s 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.
