Downtown Los Angeles North median real estate price is $952,069, which is more expensive than 58.3% of the neighborhoods in California and 89.8% of the neighborhoods in the U.S.
The average rental price in Downtown Los Angeles North is currently $4,208, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.2% of the neighborhoods in California.
Downtown Los Angeles North is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Downtown Los Angeles North 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Los Angeles North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Downtown Los Angeles North. The current real estate vacancy rate here is 24.5%. This is higher than the rate of vacancies in 91.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
Real Estate
One of the really unique and interesting things about the look and setting of the Downtown Los Angeles North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.8% of all neighborhoods in America.
In addition, the Downtown Los Angeles North 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 95.6% 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.
Furthermore, the Downtown Los Angeles North neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,991 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods.
Also of note, renter-occupied real estate is dominant in the Downtown Los Angeles North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.6%, which is higher than 95.5% 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.
Occupations
Executives, managers and professionals make up 76.0% of the workforce in the Downtown Los Angeles North neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
People
One of the most interesting things about the Downtown Los Angeles North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 55.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.9% of the neighborhoods in America.
In addition, the rate of college educated adults in the Downtown Los Angeles North neighborhood is a unique characteristic of the neighborhood. 73.5% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.5% of all U.S. neighborhoods.
Modes of Transportation
In the Downtown Los Angeles North neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.2% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, in the Downtown Los Angeles North neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.7% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Diversity
Did you know that the Downtown Los Angeles North neighborhood has more Armenian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Armenian ancestry and 2.8% have Haitian ancestry.
Downtown Los Angeles North is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
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 Downtown Los Angeles North neighborhood in Los Angeles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.5% of the neighborhoods in America. In addition, 5.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.3% of America'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 Downtown Los Angeles North neighborhood, 76.0% 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 10.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.1%), and 5.4% in government jobs, whether they are in local, state, or federal positions.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Downtown Los Angeles North neighborhood is English, spoken by 52.7% of households. Other important languages spoken here include Spanish, Korean, Chinese and Tagalog (the first language of the Philippine region).
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 Downtown Los Angeles North neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (29.8%). There are also a number of people of Mexican ancestry (22.6%), and residents who report English roots (10.2%), and some of the residents are also of Irish ancestry (6.8%), along with some German ancestry residents (6.1%), among others. In addition, 30.9% 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 Downtown Los Angeles North neighborhood spend between 15 and 30 minutes commuting one-way to work (42.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (44.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (14.2%) and 8.8% 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.
