Monk's Hill / Myrtle median real estate price is $1,116,256, which is more expensive than 63.4% of the neighborhoods in California and 89.8% of the neighborhoods in the U.S.
The average rental price in Monk's Hill / Myrtle is currently $3,142, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.1% of California neighborhoods.
Monk's Hill / Myrtle is a densely urban neighborhood (based on population density) located in Pasadena, California.
Monk's Hill / Myrtle 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 Monk's Hill / Myrtle 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 1940 and 1969.
Real estate vacancies in Monk's Hill / Myrtle are 5.9%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Monk's Hill / Myrtle 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.
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 Pasadena, the Monk's Hill / Myrtle neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Monk's Hill / Myrtle neighborhood is one of the most walkable neighborhoods in America.
Did you know that the Monk's Hill / Myrtle neighborhood has more Canadian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Canadian ancestry and 0.6% have Armenian ancestry.
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 Monk's Hill / Myrtle neighborhood in Pasadena are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.6% of the neighborhoods in America. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Monk's Hill / Myrtle neighborhood, 35.7% 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 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 13.1% in manufacturing and laborer occupations.
The most common language spoken in the Monk's Hill / Myrtle neighborhood is English, spoken by 53.5% of households. Some people also speak Spanish (39.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Monk's Hill / Myrtle neighborhood in Pasadena, CA, residents most commonly identify their ethnicity or ancestry as Mexican (32.7%). There are also a number of people of Asian ancestry (6.3%), and residents who report German roots (3.7%), and some of the residents are also of English ancestry (3.7%), along with some Italian ancestry residents (2.4%), among others. In addition, 30.5% of the residents of this neighborhood were born in another country.
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 Monk's Hill / Myrtle neighborhood spend under 15 minutes commuting one-way to work (32.6% of working residents), one of the shortest commutes across America.
Here most residents (59.4%) 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 (14.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.