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Real Estate Prices & Overview

Elizabeth Ave / Missouri Ave median real estate price is $780,092, which is more expensive than 42.5% of the neighborhoods in California and 83.1% of the neighborhoods in the U.S.

The average rental price in Elizabeth Ave / Missouri Ave is currently $2,586, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.9% of California neighborhoods.

Elizabeth Ave / Missouri Ave is a densely urban neighborhood (based on population density) located in South Gate, California.

Elizabeth Ave / Missouri Ave 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 Elizabeth Ave / Missouri Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Elizabeth Ave / Missouri Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Elizabeth Ave / Missouri Ave is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 South Gate, the Elizabeth Ave / Missouri Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Elizabeth Ave / Missouri Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you like crowded places, then you will probably enjoy the the Elizabeth Ave / Missouri Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,983 people per square mile living here.

Diversity

Did you know that the Elizabeth Ave / Missouri Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 93.9% of this neighborhood's residents have Mexican ancestry.

Elizabeth Ave / Missouri Ave is also pretty special linguistically. Significantly, 86.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Elizabeth Ave / Missouri Ave neighborhood has a greater percentage of residents born in another country (42.9%) than are found in 95.3% of all U.S. neighborhoods.

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 Elizabeth Ave / Missouri Ave neighborhood in South Gate are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.0% of U.S. neighborhoods. With 31.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.9% 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 Elizabeth Ave / Missouri Ave neighborhood, 40.1% 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 28.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.8%), and 15.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elizabeth Ave / Missouri Ave neighborhood is Spanish, spoken by 86.7% of households. Some people also speak English (13.3%).

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 Elizabeth Ave / Missouri Ave neighborhood in South Gate, CA, residents most commonly identify their ethnicity or ancestry as Mexican (93.9%). In addition, 42.9% 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 Elizabeth Ave / Missouri Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (34.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.8%) 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 (15.5%) . 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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