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Real Estate Prices & Overview

Florence South median real estate price is $637,533, which is less expensive than 70.3% of California neighborhoods and 23.9% of all U.S. neighborhoods.

The average rental price in Florence South is currently $2,659, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.5% of California neighborhoods.

Florence South is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Florence South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Florence South 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.

Home and apartment vacancy rates are 7.7% in Florence South. NeighborhoodScout analysis shows that this rate is lower than 49.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

NeighborhoodScout's exclusive research revealed that 95.4% of the adult residents in the Florence South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.

Real Estate

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 Florence South neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the Florence South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.4% of this neighborhood's residents have Mexican ancestry.

Florence South is also pretty special linguistically. Significantly, 78.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.4% of all U.S. neighborhoods.

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? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Florence South neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.5% 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

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 Florence South 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 48.9% of the neighborhoods in America. With 23.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.3% 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 Florence South neighborhood, 35.9% 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 29.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.3%), and 11.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the Florence South neighborhood is Spanish, spoken by 78.5% of households. Some people also speak English (21.5%).

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 Florence South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (57.4%). There are also a number of people of Sub-Saharan African ancestry (1.5%), and residents who report African roots (1.5%). In addition, 37.9% 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 Florence South neighborhood spend between 30 and 45 minutes commuting one-way to work (34.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (69.7%) 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 (19.2%) and 5.4% 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.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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