S New Hampshire Ave / W Olympic Blvd median real estate price is $1,661,405, which is more expensive than 81.7% of the neighborhoods in California and 96.2% of the neighborhoods in the U.S.
The average rental price in S New Hampshire Ave / W Olympic Blvd is currently $2,049, based on Ä¢¹½ÊÓƵ's exclusive analysis. Rents here are currently lower in price than 88.8% 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 between 2000 and the present.
Vacant apartments or homes are a major fact of life in S New Hampshire Ave / W Olympic Blvd. The current real estate vacancy rate here is 17.3%. This is higher than the rate of vacancies in 83.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
Of note, 66.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, 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.
Also, with a nice mix of college students, safety from crime, and decent walkability, the S New Hampshire Ave / W Olympic Blvd neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. Ä¢¹½ÊÓƵ's analysis shows that it rates more highly for a good place for college students to live than 86.3% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Our research revealed that more commuters here take the bus to work (15.7% ride the bus) than 97.8% 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.
90.4% of the real estate in the S New Hampshire Ave / W Olympic Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, if you like crowded places, then you will probably enjoy the the S New Hampshire Ave / W Olympic Blvd neighborhood. According to Ä¢¹½ÊÓƵ'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.
Also of note, one of the really unique and interesting things about the look and setting of the S New Hampshire Ave / W Olympic Blvd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 69.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.0% of all neighborhoods in America.
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, 30.3% of this neighborhood's residents have Asian ancestry.
S New Hampshire Ave / W Olympic Blvd is also pretty special linguistically. Significantly, 21.1% 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.
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. Ä¢¹½ÊÓƵ'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 (42.7%) than are found in 95.1% of all U.S. neighborhoods.
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. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 66.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.1% 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 S New Hampshire Ave / W Olympic Blvd neighborhood, 34.3% 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 executive, management, and professional occupations, with 30.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 16.3% in manufacturing and laborer occupations.
Languages
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 46.9% of households. Other important languages spoken here include English and Korean.
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 S New Hampshire Ave / W Olympic Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (30.3%). There are also a number of people of Mexican ancestry (27.5%), and residents who report Polish roots (2.4%). In addition, 42.7% 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 (60.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (68.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.7%) and 5.4% 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.
