What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Avalon Blvd / E 71st St median real estate price is $703,226, which is less expensive than 67.4% of California neighborhoods and 20.5% of all U.S. neighborhoods.
The average rental price in Avalon Blvd / E 71st St is currently $2,485, based on Ä¢¹½ÊÓƵ's exclusive analysis. Rents here are currently lower in price than 78.0% of California neighborhoods.
Avalon Blvd / E 71st St is an urban neighborhood (based on population density) located in Los Angeles, California.
Avalon Blvd / E 71st St 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 occupied by a mixture of owners and renters. Many of the residences in the Avalon Blvd / E 71st St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Avalon Blvd / E 71st St, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.0% of all neighborhoods in the U.S. This means that the housing supply in Avalon Blvd / E 71st St is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to Ä¢¹½ÊÓƵ's exclusive exploration and analysis.
Modes of Transportation
In the Avalon Blvd / E 71st St neighborhood, carpooling is still a popular way to get to and from work. Ä¢¹½ÊÓƵ's analysis reveals that 30.0% of commuters carpool here, which is more than in 98.7% of all U.S. neighborhoods.
Also, our research revealed that more commuters here take the bus to work (10.8% ride the bus) than 95.6% 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.
People
Ä¢¹½ÊÓƵ's exclusive research revealed that 95.3% of the adult residents in the Avalon Blvd / E 71st St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.6% of the neighborhoods in America.
Real Estate
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Avalon Blvd / E 71st St neighborhood could be your paradise. With 32.3% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.9% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Occupations
Ä¢¹½ÊÓƵ's exclusive research identifies the Avalon Blvd / E 71st St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 43.5% of its working residents employed in such fields, which is a higher proportion than 96.5% of American neighborhoods.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But Ä¢¹½ÊÓƵ's analysis revealed that households in the Avalon Blvd / E 71st St neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. Ä¢¹½ÊÓƵ's Analysis reveals that 33.6% of the households here have four, five, or more cars. That is more cars per household than in 95.3% of the neighborhoods in the nation.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? Ä¢¹½ÊÓƵ's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Avalon Blvd / E 71st St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.7% 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. What is interesting to note, is that the Avalon Blvd / E 71st St neighborhood has a greater percentage of residents born in another country (51.2%) than are found in 97.8% of all U.S. neighborhoods.
Diversity
Did you know that the Avalon Blvd / E 71st St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.1% of this neighborhood's residents have Mexican ancestry.
Avalon Blvd / E 71st St is also pretty special linguistically. Significantly, 85.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% 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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Avalon Blvd / E 71st St neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 63.9% of U.S. neighborhoods. With 44.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.6% 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 Avalon Blvd / E 71st St neighborhood, 43.5% 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 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 7.7% in executive, management, and professional occupations.
Languages
The most common language spoken in the Avalon Blvd / E 71st St neighborhood is Spanish, spoken by 85.2% of households. Some people also speak English (14.8%).
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 Avalon Blvd / E 71st St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (62.1%). In addition, 51.2% 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 Avalon Blvd / E 71st St neighborhood spend between 30 and 45 minutes commuting one-way to work (44.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (51.0%) 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 (30.0%) and 10.8% 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.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
