Macarthur Park median real estate price is $818,379, which is more expensive than 42.0% of the neighborhoods in California and 82.0% of the neighborhoods in the U.S.
The average rental price in Macarthur Park is currently $2,637, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.4% of California neighborhoods.
Macarthur Park is a densely urban neighborhood (based on population density) located in Long Beach, California.
Macarthur Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Macarthur Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Macarthur Park has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Long Beach, the Macarthur Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Macarthur Park neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 29.8% of commuters carpool here, which is more than in 98.7% of all U.S. neighborhoods.
There are more people living in the Macarthur Park neighborhood employed as sales and service workers (59.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
If you like crowded places, then you will probably enjoy the the Macarthur Park neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,320 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Macarthur Park neighborhood is one of the most walkable neighborhoods in America.
Did you know that the Macarthur Park neighborhood has more Scots-Irish and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Scots-Irish ancestry and 34.0% have Asian ancestry.
Macarthur Park is also pretty special linguistically. Significantly, 14.7% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Macarthur Park neighborhood. More residents of the Macarthur Park neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Macarthur Park neighborhood in Long Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.1% of U.S. neighborhoods. With 28.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.0% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Macarthur Park neighborhood, 40.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.2%), and 14.4% in executive, management, and professional occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Macarthur Park neighborhood is Spanish, spoken by 41.5% of households. Other important languages spoken here include English, Mon-Khmer (the dominant language of Cambodia) and Tagalog (the first language of the Philippine region).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Macarthur Park neighborhood in Long Beach, CA, residents most commonly identify their ethnicity or ancestry as Mexican (39.4%). There are also a number of people of Asian ancestry (34.0%), and residents who report Scots-Irish roots (4.7%), and some of the residents are also of Puerto Rican ancestry (3.3%), along with some Russian ancestry residents (1.5%), among others. In addition, 33.6% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Macarthur Park neighborhood spend between 15 and 30 minutes commuting one-way to work (31.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (29.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.