Central San Pedro North median real estate price is $787,385, which is more expensive than 43.4% of the neighborhoods in California and 83.9% of the neighborhoods in the U.S.
The average rental price in Central San Pedro North is currently $1,952, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.8% of California neighborhoods.
Central San Pedro North is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Central San Pedro North 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 Central San Pedro North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Central San Pedro North, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Central San Pedro North is very tight compared to the demand for property here.
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 Central San Pedro North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Central San Pedro North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.6% of all American neighborhoods.
Did you know that the Central San Pedro North neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.8% of this neighborhood's residents have Mexican ancestry.
Central San Pedro North is also pretty special linguistically. Significantly, 66.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% 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 Central San Pedro North 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 73.6% of U.S. neighborhoods. With 29.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.1% 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 Central San Pedro North neighborhood, 40.1% 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 manufacturing and laborer occupations, with 32.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.5%), and 13.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Central San Pedro North neighborhood is Spanish, spoken by 66.0% of households. Some people also speak English (32.8%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Central San Pedro North neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (70.8%). There are also a number of people of German ancestry (1.9%), and residents who report Asian roots (1.5%), and some of the residents are also of English ancestry (1.5%), along with some Irish ancestry residents (1.4%), among others. In addition, 37.3% of the residents of this neighborhood were born in another country.
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 Central San Pedro North neighborhood spend between 15 and 30 minutes commuting one-way to work (45.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.3%) 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 (15.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.