Monk's Hill / Myrtle median real estate price is $1,092,065, which is more expensive than 63.2% of the neighborhoods in California and 89.9% of the neighborhoods in the U.S.
The average rental price in Monk's Hill / Myrtle is currently $3,101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.5% of California neighborhoods.
Monk's Hill / Myrtle is a densely urban neighborhood (based on population density) located in Pasadena, California.
Monk's Hill / Myrtle 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 Monk's Hill / Myrtle 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 Monk's Hill / Myrtle are 5.9%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Monk's Hill / Myrtle 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.
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 Monk's Hill / Myrtle neighborhood is one of the most walkable neighborhoods in America.
Did you know that the Monk's Hill / Myrtle neighborhood has more Canadian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Canadian ancestry and 0.6% have Armenian ancestry.
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 Monk's Hill / Myrtle neighborhood in Pasadena are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.6% of the neighborhoods in America. With 19.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% 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 Monk's Hill / Myrtle neighborhood, 35.7% of the working population is employed in executive, management, and professional 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 33.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 13.1% in manufacturing and laborer occupations.
The most common language spoken in the Monk's Hill / Myrtle neighborhood is English, spoken by 53.5% of households. Some people also speak Spanish (39.9%).
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 Monk's Hill / Myrtle neighborhood in Pasadena, CA, residents most commonly identify their ethnicity or ancestry as Mexican (32.7%). There are also a number of people of Asian ancestry (6.3%), and residents who report German roots (3.7%), and some of the residents are also of English ancestry (3.7%), along with some Italian ancestry residents (2.4%), among others. In addition, 30.5% 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 Monk's Hill / Myrtle neighborhood spend under 15 minutes commuting one-way to work (32.6% of working residents), one of the shortest commutes across America.
Here most residents (59.4%) 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 (14.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.