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Real Estate Prices & Overview

Vermont-Slauson median real estate price is $877,121, which is more expensive than 50.7% of the neighborhoods in California and 87.0% of the neighborhoods in the U.S.

The average rental price in Vermont-Slauson is currently $2,701, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.1% of California neighborhoods.

Vermont-Slauson is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Vermont-Slauson 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 occupied by a mixture of owners and renters. Many of the residences in the Vermont-Slauson 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.

In Vermont-Slauson, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.9% of all neighborhoods in the U.S. This means that the housing supply in Vermont-Slauson 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 Vermont-Slauson 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 Vermont-Slauson neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 22,127 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 Vermont-Slauson neighborhood is one of the most walkable neighborhoods in America.

Diversity

Significantly, 70.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.5% of all U.S. neighborhoods.

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 Vermont-Slauson neighborhood. More residents of the Vermont-Slauson neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.9% 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.

The Neighbors

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 Vermont-Slauson neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.5% of the neighborhoods in America. With 25.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.0% 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 Vermont-Slauson neighborhood, 36.4% 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 33.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.8%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Vermont-Slauson neighborhood is Spanish, spoken by 70.8% of households. Some people also speak English (28.6%).

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 Vermont-Slauson neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (28.9%). There are also a number of people of Arab ancestry (2.2%). In addition, 39.8% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Vermont-Slauson neighborhood spend between 30 and 45 minutes commuting one-way to work (42.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.7%) and 7.8% 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.


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