Gerdes Park is a heavily populated (by population density) neighborhood in Norwalk, California.
Gerdes Park real estate consists mostly of medium to small (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. The majority of residential real estate is occupied by a combination of owners and tenants. Many of the Gerdes Park homes are older and well-established, having been built between 1940 and 1969. A number of houses were also constructed between 1970 and 1999.
Gerdes Park has 5.4% real estate vacancies, which is lower than 67.0% of American communities. Demand for real estate in Gerdes Park is higher than the national average, which may indicate some demand for price rises or new residential building in this community.
Gerdes Park’s median real estate price is $707,107, which is more costly than 46.7% of California neighborhoods and 86.4% of US neighborhoods.
According to analysis, the average rental price in Gerdes Park is presently $2,997. Rents in this neighborhood are currently lower than in 47.5% of California neighborhoods.
Residents of the Gerdes Park area in Norwalk, California, most typically identify as Mexican (58.1%). There are also residents with Asian ancestry (12.7%), residents with Irish ancestry (3.9%), residents with Polish ancestry (2.9%), and residents with German ancestry (2.3%), among others. Furthermore, 33.0% of the people in this community were born in another nation.
People in this neighborhood speak a variety of languages. These are the languages that people prefer to speak when they are at home with their families. Spanish is the most commonly spoken language in the Gerdes Park area, with 54.8% of families speaking it. English and Tagalog are two more prominent languages spoken here (the first language of the Philippine region).
The Gerdes Park area in Norwalk has upper-middle income neighbors, making it an above-average income neighborhood. According to data, this community has a greater income than 75.0% of all neighborhoods in America. Furthermore, 3.8% of the children seventeen and under residing in this neighborhood are poor, which is a lower percentage of childhood poverty than observed in 69.8% of America’s neighborhoods.
Manufacturing and laborer occupations employ 32.1% of the working population in the Gerdes Park neighborhood. With 26.0% of the population employed, clerical, assistant, and tech support occupations are the second most important occupational category in this community. Other residents work in sales and service jobs, ranging from major sales accounts to fast food restaurants (23.7%), and executive, management, and professional vocations (18.2%).
Did you know that the Gerdes Park area has more residents of Mexican heritage than almost any other neighborhood in America? That is correct! In fact, 58.1% of the people in this community are of Mexican descent.
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