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Real Estate Prices & Overview

Marengo St / N Evergreen Ave median real estate price is $836,255, which is more expensive than 45.2% of the neighborhoods in California and 84.8% of the neighborhoods in the U.S.

The average rental price in Marengo St / N Evergreen Ave is currently $2,872, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.1% of California neighborhoods.

Marengo St / N Evergreen Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Marengo St / N Evergreen Ave 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 Marengo St / N Evergreen Ave 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 Marengo St / N Evergreen Ave are 4.7%, which is lower than one will find in 68.7% of American neighborhoods. Demand for real estate in Marengo St / N Evergreen Ave 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.

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 Marengo St / N Evergreen Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like crowded places, then you will probably enjoy the the Marengo St / N Evergreen Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,403 people per square mile living here. 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 Marengo St / N Evergreen Ave neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the Marengo St / N Evergreen Ave (22.5%) than in 95.4% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 95.1% of U.S. neighborhoods.

Diversity

Did you know that the Marengo St / N Evergreen Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 86.5% of this neighborhood's residents have Mexican ancestry.

Marengo St / N Evergreen Ave is also pretty special linguistically. Significantly, 78.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.4% 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 Marengo St / N Evergreen Ave neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.0% of U.S. neighborhoods. With 29.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.1% 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 Marengo St / N Evergreen Ave neighborhood, 35.1% 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 29.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.9%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Marengo St / N Evergreen Ave neighborhood is Spanish, spoken by 78.3% of households. Some people also speak English (20.8%).

Ethnicity / Ancestry

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 Marengo St / N Evergreen Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (86.5%). There are also a number of people of Asian ancestry (1.5%), and residents who report German roots (1.1%). In addition, 35.2% 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 Marengo St / N Evergreen Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (34.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.4%) 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 (22.5%) and 10.6% 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.


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