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Real Estate Prices & Overview

Harvard Heights Southwest median real estate price is $1,561,641, which is more expensive than 84.6% of the neighborhoods in California and 96.9% of the neighborhoods in the U.S.

The average rental price in Harvard Heights Southwest is currently $2,519, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.9% of California neighborhoods.

Harvard Heights Southwest is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Harvard Heights Southwest 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 Harvard Heights Southwest 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 8.3% in Harvard Heights Southwest. NeighborhoodScout analysis shows that this rate is lower than 46.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Harvard Heights Southwest neighborhood is one of the most walkable neighborhoods in America.

Occupations

With 1.5% of employed workers living in the Harvard Heights Southwest neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Significantly, 15.9% 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 99.8% of the neighborhoods in America.

The Neighbors

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 Harvard Heights Southwest 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 75.8% of U.S. neighborhoods. With 27.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.7% 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 Harvard Heights Southwest neighborhood, 36.3% of the working population is employed in executive, management, and professional 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 24.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.7%), and 15.8% in clerical, assistant, and tech support 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 Harvard Heights Southwest neighborhood is Spanish, spoken by 47.2% of households. Other important languages spoken here include English, Korean and French.

Ethnicity / Ancestry

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 Harvard Heights Southwest neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (25.7%). There are also a number of people of Asian ancestry (19.6%), and residents who report German roots (2.0%), and some of the residents are also of Italian ancestry (2.0%), along with some Russian ancestry residents (1.1%), among others. In addition, 37.4% 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 Harvard Heights Southwest neighborhood spend between 30 and 45 minutes commuting one-way to work (49.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.6%) 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 (6.1%) and 5.5% 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.


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