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Real Estate Prices & Overview

Wilshire Blvd / Witmer St median real estate price is $1,039,229, which is more expensive than 62.3% of the neighborhoods in California and 91.0% of the neighborhoods in the U.S.

The average rental price in Wilshire Blvd / Witmer St is currently $2,222, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.7% of California neighborhoods.

Wilshire Blvd / Witmer St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Wilshire Blvd / Witmer St 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Wilshire Blvd / Witmer St neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.5% in Wilshire Blvd / Witmer St. NeighborhoodScout analysis shows that this rate is lower than 56.6% 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.

Real Estate

The Wilshire Blvd / Witmer St 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 95.2% 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.

In addition, the real estate in the Wilshire Blvd / Witmer St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 93.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.8% of American neighborhoods.

Furthermore, 92.3% of the real estate in the Wilshire Blvd / Witmer St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Also of note, the Wilshire Blvd / Witmer St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,758 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.

People

Of note, 73.6% 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, one of the most interesting things about the Wilshire Blvd / Witmer St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.1% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (13.7% ride the bus) than 96.8% 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.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Wilshire Blvd / Witmer St neighborhood. What is interesting to note, is that the Wilshire Blvd / Witmer St neighborhood has a greater percentage of residents born in another country (51.8%) than are found in 98.0% of all U.S. neighborhoods.

Diversity

Did you know that the Wilshire Blvd / Witmer St neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Arab ancestry.

Wilshire Blvd / Witmer St is also pretty special linguistically. Significantly, 9.3% 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 99.6% 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 Wilshire Blvd / Witmer St 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 83.1% of U.S. neighborhoods. With 73.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Wilshire Blvd / Witmer St neighborhood, 35.1% 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 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.7%), and 11.2% 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 Wilshire Blvd / Witmer St neighborhood is Spanish, spoken by 40.3% of households. Other important languages spoken here include English, Korean, Arabic and Tagalog (the first language of the Philippine region).

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 Wilshire Blvd / Witmer St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (20.3%). There are also a number of people of Mexican ancestry (13.0%), and residents who report Arab roots (3.8%), and some of the residents are also of South American ancestry (3.7%), along with some Italian ancestry residents (2.8%), among others. In addition, 51.8% 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 Wilshire Blvd / Witmer St neighborhood spend between 30 and 45 minutes commuting one-way to work (35.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (54.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.7%) and 9.8% of residents also hop out the door and walk to work 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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