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Real Estate Prices & Overview

Mercer St / Kewen Ave median real estate price is $745,699, which is less expensive than 60.9% of California neighborhoods and 17.7% of all U.S. neighborhoods.

The average rental price in Mercer St / Kewen Ave is currently $2,760, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.4% of California neighborhoods.

Mercer St / Kewen Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Mercer St / Kewen Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mercer St / Kewen Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Mercer St / Kewen Ave, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.8% of all neighborhoods in the U.S. This means that the housing supply in Mercer St / Kewen Ave is very tight compared to the demand for property here.

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.

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 Mercer St / Kewen Ave neighborhood. More residents of the Mercer St / Kewen Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.2% 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. What is interesting to note, is that the Mercer St / Kewen Ave neighborhood has a greater percentage of residents born in another country (43.1%) than are found in 95.4% of all U.S. neighborhoods.

Diversity

Did you know that the Mercer St / Kewen Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 74.8% of this neighborhood's residents have Mexican ancestry.

Mercer St / Kewen Ave is also pretty special linguistically. Significantly, 80.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.6% 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 Mercer St / Kewen Ave 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 59.8% of the neighborhoods in America. With 25.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.1% 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 Mercer St / Kewen Ave neighborhood, 32.7% 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 32.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.7%), and 16.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mercer St / Kewen Ave neighborhood is Spanish, spoken by 80.1% of households. Some people also speak English (17.2%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Mercer St / Kewen Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (74.8%). There are also a number of people of Asian ancestry (2.5%), and residents who report Italian roots (2.3%). In addition, 43.1% 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 Mercer St / Kewen Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.1%) 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 (18.2%) and 6.6% 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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