Pico Rivera Southeast median real estate price is $844,988, which is more expensive than 46.7% of the neighborhoods in California and 85.7% of the neighborhoods in the U.S.
The average rental price in Pico Rivera Southeast is currently $4,068, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.1% of the neighborhoods in California.
Pico Rivera Southeast is an urban neighborhood (based on population density) located in Pico Rivera, California.
Pico Rivera Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Pico Rivera Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Pico Rivera Southeast, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.4% of all neighborhoods in the U.S. This means that the housing supply in Pico Rivera Southeast 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 Pico Rivera, the Pico Rivera Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Pico Rivera Southeast neighborhood, is that an incredible 94.9% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, the Pico Rivera Southeast neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.1% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.3% of all neighborhoods in America.
Did you know that the Pico Rivera Southeast neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.8% of this neighborhood's residents have Mexican ancestry.
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 Pico Rivera Southeast neighborhood in Pico Rivera are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.3% of the neighborhoods in America. In addition, 7.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.1% of America'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 Pico Rivera Southeast neighborhood, 31.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.1%), and 11.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Pico Rivera Southeast neighborhood is Spanish, spoken by 52.6% of households. Some people also speak English (46.3%).
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 Pico Rivera Southeast neighborhood in Pico Rivera, CA, residents most commonly identify their ethnicity or ancestry as Mexican (73.8%). There are also a number of people of Irish ancestry (2.9%), and residents who report German roots (2.9%), and some of the residents are also of Spanish ancestry (2.2%), along with some English ancestry residents (2.1%), among others. In addition, 25.7% 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 Pico Rivera Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (28.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.5%) 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 (12.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.