Norwalk North is a densely populated (by population density) neighborhood of Norwalk, California.
Norwalk North 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 homes in the Norwalk North 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 current vacancy rate in Norwalk North is 1.8%, which is lower than 89.2% of all neighborhoods in the United States. This means that the housing supply in Norwalk North is extremely limited in comparison to the demand for property in the area.
The median real estate price in Norwalk North is $749,588, which is higher than 50.2% of the neighborhoods in California and 87.4% of the neighborhoods in the United States.
According to analysis, the average rental price in Norwalk North is currently $2,289 per month. Rents in this neighborhood are currently lower than in 72.8% of California neighborhoods.
Residents of the Norwalk North neighborhood in Norwalk, California, most typically identify as Mexican (69.9%). There are also persons with Asian heritage (8.8%), residents with South American roots (4.2%), and those with Dominican descent (1.7%), as well as residents with German ancestry (1.4%), among others. Furthermore, 30.0% 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 Norwalk North area, with 58.7% of families speaking it. English and Tagalog are two more prominent languages spoken here (the first language of the Philippine region).
The Norwalk North 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 62.7% of all neighborhoods in America. Furthermore, 10.1% of the children seventeen and under residing in this area are poor, which is a lower percentage of childhood poverty than found in 52.0% of America’s neighborhoods.
Manufacturing and laborer occupations employ 33.5% of the working population in the Norwalk North neighborhood. With 26.8% of the residents employed, sales and service jobs are the second most important occupational group in this neighborhood, ranging from major sales accounts to working in fast food restaurants. Other residents work in executive, managerial, and professional jobs (20.6%), and clerical, assistant, and tech support occupations (19.1%).
Did you know that the Norwalk North area has more residents of Mexican heritage than almost any other neighborhood in America? That is correct! In fact, 69.9% of the people in this community are of Mexican descent.
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