Pacific Palisades, California

Pacific Coast Hwy / Entrada Dr median real estate price is $4,355,292, which is more expensive than 99.8% of the neighborhoods in California and 100.0% of the neighborhoods in the U.S.

The average rental price in Pacific Coast Hwy / Entrada Dr is currently $2,711, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in California.

Pacific Coast Hwy / Entrada Dr is a suburban neighborhood (based on population density) located in Los Angeles, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Pacific Coast Hwy / Entrada Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Pacific Coast Hwy / Entrada Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Pacific Coast Hwy / Entrada Dr has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.1% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.1%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout’s exclusive exploration and analysis.

Notable & Unique: Real Estate

Pacific Coast Hwy / Entrada Dr is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Pacific Coast Hwy / Entrada Dr is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Notable & Unique: People

If you come to know the people here, you will recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, a mere 0.2% of America’s neighborhoods are wealthier than the Pacific Coast Hwy / Entrada Dr neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Pacific Coast Hwy / Entrada Dr also has one of the lowest ratings of child poverty in the nation.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they’re like most of us, they don’t do any of these things. But if you’re among an exclusive crowd of wealthy and refined patrons of the arts, then you’ll feel right at home in the Pacific Coast Hwy / Entrada Dr neighborhood: a neighborhood in which more “urban sophisticates” live than 99.5% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives, active retirees and families with school-aged children.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout’s exclusive analysis reveals that 45.6% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.1% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout’s research, the folks of the Pacific Coast Hwy / Entrada Dr neighborhood may actually hold the key. 65.5% of its residents are married, which is a higher percentage than is found in 95.4% of the neighborhoods in America.

Notable & Unique: Occupations

The Pacific Coast Hwy / Entrada Dr neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.9% of the neighborhoods in American. In fact, 84.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Notable & Unique: Diversity

Did you know that the Pacific Coast Hwy / Entrada Dr neighborhood has more Russian and Armenian ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 15.1% of this neighborhood’s residents have Russian ancestry and 4.0% have Armenian ancestry.

Pacific Coast Hwy / Entrada Dr is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

Notable & Unique: Modes of Transportation

In the Pacific Coast Hwy / Entrada Dr neighborhood, many people’s commute means walking from the bedroom to the home office. NeighborhoodScout’s analysis found that 19.1% of residents worked from home. This may not seem like a large number, but Scout’s research shows that this is a higher percentage of people working from home than 99.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

The Neighbors: Income

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 Pacific Coast Hwy / Entrada Dr neighborhood in Los Angeles are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout’s exclusive analysis reveals that this neighborhood has a higher income than 99.8% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America’s neighborhoods.

The Neighbors: Occupations

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 Pacific Coast Hwy / Entrada Dr neighborhood, 84.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 11.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (2.6%).

The Neighbors: Ethnicity / Ancestry

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 Pacific Coast Hwy / Entrada Dr neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as German (15.2%). There are also a number of people of Russian ancestry (15.1%), and residents who report English roots (14.7%), and some of the residents are also of Irish ancestry (8.8%), along with some Italian ancestry residents (8.5%), among others. In addition, 15.2% of the residents of this neighborhood were born in another country.

The Neighbors: Languages

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 Pacific Coast Hwy / Entrada Dr neighborhood is English, spoken by 84.0% of households. Other important languages spoken here include Spanish, Persian and French.

Getting to Work

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 Pacific Coast Hwy / Entrada Dr neighborhood spend under 15 minutes commuting one-way to work (37.0% of working residents), one of the shortest commutes across America.

Here most residents (89.8%) 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 (5.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.