Witmer St / W 5th St median real estate price is $865,649, which is more expensive than 49.9% of the neighborhoods in California and 86.8% of the neighborhoods in the U.S.
The average rental price in Witmer St / W 5th St is currently $2,029, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.1% 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 townhomes. 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.
Real estate vacancies in Witmer St / W 5th St are 4.9%, which is lower than one will find in 65.9% of American neighborhoods. Demand for real estate in Witmer St / W 5th St 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.
More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.
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. 98.2% 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 99.7% of all neighborhoods in America.
In addition, 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.
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 95.0% 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.
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 96.3% of the neighborhoods in America. Also of note, 65.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, neighborhoodScout's exclusive research revealed that 94.2% 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 96.7% of the neighborhoods in America.
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. 34.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Witmer St / W 5th St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.5% of all American neighborhoods.
Significantly, 84.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% of all U.S. neighborhoods.
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 Witmer St / W 5th St neighborhood. What is interesting to note, is that the Witmer St / W 5th St neighborhood has a greater percentage of residents born in another country (49.9%) than are found in 97.5% 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 96.3% of U.S. neighborhoods. With 65.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 Witmer St / W 5th St neighborhood, 40.6% 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 37.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.3%), and 9.8% in executive, management, and professional occupations.
Languages
The most common language spoken in the Witmer St / W 5th St neighborhood is Spanish, spoken by 84.4% of households. Some people also speak English (12.9%).
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 (33.6%). There are also a number of people of Sub-Saharan African ancestry (3.6%), and residents who report African roots (3.6%), and some of the residents are also of Asian ancestry (2.9%), along with some Italian ancestry residents (1.9%), among others. In addition, 49.9% 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 (29.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (40.6%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (33.5%) 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.
