Norwalk Southwest is a densely populated (by population density) neighborhood of Norwalk, California.
Norwalk Southwest 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 Southwest 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 Southwest is 2.2%, which is lower than 86.6% of all neighborhoods in the United States. This means that the housing supply in Norwalk Southwest is extremely limited in comparison to the demand for real estate in the area.
The median real estate price in Norwalk Southwest is $715,702, which is higher than 46.7% of the communities in California and 86.3% of the neighborhoods in the United States.
According to analysis, the average rental price in Norwalk Southwest is presently $3,126. Rents in this neighborhood are now lower than 42.7% of California neighborhoods.
Residents of the Norwalk Southwest area in Norwalk, California, most typically identify as Mexican (48.3%). There are also some residents with Asian heritage (13.6%), English origins (2.5%), and some with Irish ancestry (1.9%), as well as those with South American descent (1.4%). Furthermore, 33.5% 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. Spanish is the most commonly spoken language in the Norwalk Southwest area, with 45.8% of families speaking it. English and Tagalog are two more prominent languages spoken here (the first language of the Philippine region).
The Norwalk Southwest area in Norwalk has middle-income neighbors, making it a moderate-income neighborhood. According to data, this community has a greater income than 51.3% of all neighborhoods in America. This neighborhood has a greater percentage of childhood poverty than 71.2% of U.S. neighborhoods, with 22.8% of the children living below the federal poverty line.
Executive, management, and professional occupations employ 34.7% of the working population in the Norwalk Southwest neighborhood. With 27.2% 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 manufacturing and laborer jobs (20.2%), and clerical, assistant, and tech support occupations (17.0%).
Significantly, 8.2% of its population aged five and up speak Tagalog at home, the first language of the Philippine region. While this may appear to be a small amount, it is more than 99.1% of American communities.
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