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Real Estate Prices & Overview

E Hubbard St / S Ferris Ave median real estate price is $699,080, which is more expensive than 39.1% of the neighborhoods in California and 82.3% of the neighborhoods in the U.S.

The average rental price in E Hubbard St / S Ferris Ave is currently $2,097, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.9% of California neighborhoods.

E Hubbard St / S Ferris Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E Hubbard St / S Ferris Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the E Hubbard St / S Ferris 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.

In E Hubbard St / S Ferris Ave, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.0% of all neighborhoods in the U.S. This means that the housing supply in E Hubbard St / S Ferris Ave 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 E Hubbard St / S Ferris Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The E Hubbard St / S Ferris Ave neighborhood is unique for having just 4.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.4% of America's neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the E Hubbard St / S Ferris Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,384 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E Hubbard St / S Ferris Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the E Hubbard St / S Ferris Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 95.7% of this neighborhood's residents have Mexican ancestry.

E Hubbard St / S Ferris Ave is also pretty special linguistically. Significantly, 87.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% 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 E Hubbard St / S Ferris 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 84.6% of U.S. neighborhoods. With 45.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the E Hubbard St / S Ferris Ave neighborhood, 38.0% 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 37.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 10.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the E Hubbard St / S Ferris Ave neighborhood is Spanish, spoken by 87.9% of households. Some people also speak English (12.0%).

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 E Hubbard St / S Ferris Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (95.7%). In addition, 41.1% 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 E Hubbard St / S Ferris Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (36.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.5%) 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 (21.3%) . 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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