Korean Business District West
Korean Business District West is a heavily populated (by population density) area in Stanton, California.
Korean Business District West real estate consists mostly of tiny (studio to two bedroom) to medium-sized (three or four bedroom) apartment complexes/high-rise apartments, as well as single-family residences. The majority of residential real estate is occupied by a combination of owners and tenants. Many of the homes in the Korean Business District West area are well-established but not old, having been constructed between 1970 and 1999. A number of houses were also constructed between 1940 and 1969.
The current vacancy rate in Korean Business District West is 1.3%, which is lower than the 91.3% average in all areas in the United States. This means that housing supply in Korean Business District West is extremely limited in comparison to demand.
The median real estate price in Korean Business District West is $600,202, which is less costly than 65.4% of California neighborhoods and 22.7% of all U.S. areas.
According to data, the average rental price in Korean Business District West is presently $2,860. Rents in this neighborhood are currently lower than in 52.4% of California neighborhoods.
Residents of the Korean Business District West area in Stanton, CA, most typically identify as Asian (43.8%). There are also residents with Mexican origin (30.8%), residents with German roots (4.7%), and some with Irish ancestry (4.3%), as well as those with English ancestry (3.0%), among others. Furthermore, 45.7% of the people in this neighborhood 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. English is the most commonly spoken language in the Korean Business District West area, with 33.8% of families speaking it. Spanish, Vietnamese, Korean, and Italian are also widely spoken here.
The Korean Business District West area in Stanton has upper-middle income neighbors, making it an above-average income neighborhood. According to data, this community has a greater income than 62.1% of all neighborhoods in America. Furthermore, 5.4% of the children seventeen and under residing in this area are poor, which is a lower rate of childhood poverty than observed in 64.9% of America’s neighborhoods.
Executive, managerial, and professional occupations employ 31.7% of the working population in the Korean Business District West neighborhood. Manufacturing and laborer occupations are the second most important occupational category in this neighborhood, employing 28.6% of the people. Other residents work in sales and service jobs, ranging from major sales accounts to fast food restaurants (19.6%), while 18.8% work in clerical, assistant, and tech support occupations.
Korean Business District West is also notable for its language diversity. Significantly, 25.6% of its population aged five and up speak Vietnamese at home. While this may appear to be a small amount, it is more than 99.9% of American communities.
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