S New Hampshire Ave / W Olympic Blvd median real estate price is $972,946, which is more expensive than 54.1% of the neighborhoods in California and 85.2% of the neighborhoods in the U.S.
The average rental price in S New Hampshire Ave / W Olympic Blvd is currently $1,830, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.1% of California neighborhoods.
S New Hampshire Ave / W Olympic Blvd is a densely urban neighborhood (based on population density) located in Los Angeles, California.
S New Hampshire Ave / W Olympic Blvd 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 S New Hampshire Ave / W Olympic Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
S New Hampshire Ave / W Olympic Blvd has a 15.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.
Our research revealed that more commuters here take the bus to work (18.0% ride the bus) than 98.2% 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.
Of particular note, 4.5% of the people in the S New Hampshire Ave / W Olympic Blvd neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, neighborhoodScout's analysis shows that the S New Hampshire Ave / W Olympic Blvd neighborhood has a greater concentration of residents currently enrolled in college than 96.0% of the neighborhoods in the U.S. With 12.2% of the population here attending college, this is very much a college-focused neighborhood.
Also, the S New Hampshire Ave / W Olympic Blvd neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.4% of college-friendly places to live in CA.
Renter-occupied real estate is dominant in the S New Hampshire Ave / W Olympic Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.9%, which is higher than 96.8% 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.
In addition, if you like crowded places, then you will probably enjoy the the S New Hampshire Ave / W Olympic Blvd neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 24,999 people per square mile living here.
Furthermore, the S New Hampshire Ave / W Olympic Blvd 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 84.0% 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.
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. What is interesting to note, is that the S New Hampshire Ave / W Olympic Blvd neighborhood has a greater percentage of residents born in another country (49.5%) than are found in 97.5% of all U.S. neighborhoods.
Did you know that the S New Hampshire Ave / W Olympic Blvd neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.7% of this neighborhood's residents have Asian ancestry.
S New Hampshire Ave / W Olympic Blvd is also pretty special linguistically. Significantly, 17.1% 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 99.9% of the neighborhoods in America.
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 New Hampshire Ave / W Olympic Blvd 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 94.9% of U.S. neighborhoods. With 38.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.2% 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 S New Hampshire Ave / W Olympic Blvd neighborhood, 37.0% 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 23.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.3%), and 16.7% in clerical, assistant, and tech support occupations.
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 S New Hampshire Ave / W Olympic Blvd neighborhood is Spanish, spoken by 62.1% of households. Other important languages spoken here include Korean and English.
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 S New Hampshire Ave / W Olympic Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (35.7%). There are also a number of people of Asian ancestry (25.7%), and residents who report South American roots (2.2%). In addition, 49.5% 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 S New Hampshire Ave / W Olympic Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (55.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (67.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.