Michigan Park is an urban neighborhood in Whittier, California (based on population density).
Michigan 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 owner-occupied. Many of the homes in the Michigan Park area are older and well-established, having been constructed between 1940 and 1969. A number of houses were also constructed between 1970 and 1999.
The vacancy rate in Michigan Park is 4.2%, which is lower than in 74.3% of American communities. Demand for real estate in Michigan Park is higher than the national average, which may indicate some demand for price rises or new residential building in this community.
The median real estate price in Michigan Park is $829,821, which is more costly than 59.4% of the neighborhoods in California and 90.4% of the neighborhoods in the United States.
According to a study, the average rental price in Michigan Park is presently $2,604. Rents in this neighborhood are currently lower than in 60.7% of California neighborhoods.
Most neighborhoods include a range of home ages, from new to old, but this one stands out because of its concentration of residential real estate built in one time period: from 1940 to 1969, which are generally regarded older, well-established residences. This was a prolific period for home development in America. After World War II, GIs returned home and used the GI Bill to purchase freshly built homes on the outskirts of cities, where they raised their families. This housing era roughly corresponds to the ‘Baby Boom’ generation (1945-1964), and many baby boomers grew up in homes built during this time period. What makes the Michigan Park neighborhood unique is that 90.6% of the residences were developed during this time period. As a result, as you walk its streets or drive through it, you will notice that this area has a look and feel that harkens back to that era in American history, a very important piece of Americana.
Residents in Whittier, California’s Michigan Park area most typically identify as Mexican (45.8%). There are also a handful of inhabitants with English heritage (4.9%) and residents with Armenian roots (4.5%), as well as those with Italian ancestry (3.9%), and some with German ancestry (3.4%). Furthermore, 11.7% of the people in this neighborhood were born in another nation.
English is the most commonly spoken language in the Michigan Park area, with 72.2% of families speaking it. Some folks (21.6%) also speak Spanish.
The Michigan Park neighborhood in Whittier has upper-middle income neighbors, making it an above-average income neighborhood. According to data, this community has a greater income than 73.2% of all neighborhoods in America. Furthermore, 1.2% of the children seventeen and under residing in this area are poor, which is a lower percentage of childhood poverty than observed in 79.1% of America’s neighborhoods.
Next Neighborhood: East La Mirada