Vermont Knolls median real estate price is $722,244, which is more expensive than 36.2% of the neighborhoods in California and 81.4% of the neighborhoods in the U.S.
The average rental price in Vermont Knolls is currently $2,380, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.0% of California neighborhoods.
Vermont Knolls is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Vermont Knolls 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 Vermont Knolls neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Vermont Knolls are 3.3%, which is lower than one will find in 78.1% of American neighborhoods. Demand for real estate in Vermont Knolls is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
The Vermont Knolls neighborhood is unique for having just 3.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.
In addition, single parenting is hard. But you don't have to tell the Vermont Knolls neighborhood about it; they already know. 21.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Renter-occupied real estate is dominant in the Vermont Knolls neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.9%, which is higher than 97.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the Vermont Knolls neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 33,181 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation's neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 96.8% of U.S. neighborhoods.
Did you know that the Vermont Knolls neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Jamaican ancestry.
Vermont Knolls is also pretty special linguistically. Significantly, 71.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% of all U.S. neighborhoods.
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 Vermont Knolls 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 76.2% of U.S. neighborhoods. With 32.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.8% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Vermont Knolls neighborhood, 37.3% 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 31.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.0%), and 8.7% in executive, management, and professional occupations.
The most common language spoken in the Vermont Knolls neighborhood is Spanish, spoken by 71.8% of households. Some people also speak English (27.5%).
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 Vermont Knolls neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (41.2%). There are also a number of people of Jamaican ancestry (3.5%), and residents who report Sub-Saharan African roots (1.6%), and some of the residents are also of African ancestry (1.6%). In addition, 40.5% of the residents of this neighborhood were born in another country.
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 Vermont Knolls neighborhood spend between 15 and 30 minutes commuting one-way to work (42.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (61.8%) 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 (17.8%) and 13.8% 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.