Area Insights of 90031, Los Angeles, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 4%, indicating a strong buyer interest. A total of 17 homes were sold with 0 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

90031, Los Angeles, CA

Date

06-08-2024

Price Ratio

102%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Sacred Heart Elementary School

PK to 8

Middle School

Alliance College-Ready Middle Academy 5

6 to 8

Puc Excel Charter Academy

6 to 8

Ratings

C

Glen Alta Span School

KG to 8

Ratings

B+

High School

Los Angeles Leadership Academy

6 to 12

Ratings

C

Pueblo de los Angeles Continuation

9 to 12

Ratings

D-

Ednovate - East College Preparatory

9 to 12

Ratings

B

Alliance Susan and Eric Smidt Technology High School

9 to 12

Ratings

B

Lincoln High School

9 to 12

Ratings

A-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 11% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (34,919)
17,393 Male
17,526 Female
Education
23% High School
6% Associate
16% Bachelor
8% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 32% owner-occupied homes and 68% renter-occupied properties. Family households represent 67% of the population, indicating a strong community focus on family living. The average home value stands at $871,041, which suggests ample demand for multi-bedroom properties.

Total Households
10,910
Average home value
$871,041
Owned
32%
Rented
68%
Vacant
5%
Families
67%
Married
40%
With children
31%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 22% Asian, 2% Black, and 2% Native residents, alongside 17% White and 65% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 25% of households earning over $100,000 annually, while 25% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
12%
Professional
8%
Education
8%
Services
29%
Labor
16%
Retail
12%
Other
11%
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