Witmer St / W 5th St median real estate price is $967,246, which is more expensive than 59.4% of the neighborhoods in California and 90.1% of the neighborhoods in the U.S.
The average rental price in Witmer St / W 5th St is currently $1,945, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.9% of California neighborhoods.
Witmer St / W 5th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Witmer St / W 5th 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 mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the Witmer St / W 5th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Witmer St / W 5th St, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.3% of all neighborhoods in the U.S. This means that the housing supply in Witmer St / W 5th St is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (41.2% ride the bus) than 99.9% 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.
Real Estate
Renter-occupied real estate is dominant in the Witmer St / W 5th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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, one of the really unique and interesting things about the look and setting of the Witmer St / W 5th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.3% of all neighborhoods in America.
Furthermore, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 64,303 people per square mile, it is more densely populated than 99.0% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Witmer St / W 5th St neighborhood is one of the most walkable neighborhoods in America.
Also of note, the Witmer St / W 5th 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 94.7% 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.
People
One of the unique characteristics of the Witmer St / W 5th St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.8% of the neighborhoods in America. The Witmer St / W 5th St neighborhood also has a greater percentage of children living in poverty (72.0%) than found in 98.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, neighborhoodScout's exclusive research revealed that 95.3% of the adult residents in the Witmer St / W 5th St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.4% of the neighborhoods in America.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Witmer St / W 5th St neighborhood have a highly unusual car ownership. 31.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
Occupations
More people work in manufacturing and as laborers here in the Witmer St / W 5th St neighborhood than in 97.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Witmer St / W 5th St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Witmer St / W 5th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.6% of all neighborhoods in America.
Diversity
Significantly, 87.2% 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 Witmer St / W 5th St neighborhood has a greater percentage of residents born in another country (50.5%) than are found in 97.8% of all U.S. neighborhoods.
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 Witmer St / W 5th St neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.8% of U.S. neighborhoods. With 72.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% of U.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 Witmer St / W 5th St neighborhood, 45.3% 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 32.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 8.6% in executive, management, and professional occupations.
Languages
The most common language spoken in the Witmer St / W 5th St neighborhood is Spanish, spoken by 87.2% of households. Some people also speak English (11.0%).
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 Witmer St / W 5th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (41.6%). There are also a number of people of Sub-Saharan African ancestry (3.0%), and residents who report African roots (3.0%). In addition, 50.5% 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 Witmer St / W 5th St neighborhood spend between 15 and 30 minutes commuting one-way to work (34.1% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.2%) who commute over an hour in each direction.
Here most residents (41.2%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (36.7%) and 13.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Witmer St / W 5th St neighborhood of Los Angeles by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
