Many people will choose to immigrate to the United States, so where are the most popular houses in Los Angeles? This is a question that many people are concerned about. Let’s take a look at the most popular cities for home buyers in Los Angeles, USA. Welcome to read.
1. Irvine (Irvine City)
Total population: 212,375
Proportion of Chinese: 36.5%
Average household income: 72,057 U.S. dollars
House price/square meter: USD 4,050
Median house price: USD 756,700
House price rising trend: 15.8% annual increase
Schools: 22 elementary schools, 7 junior high schools, 4 high schools
Irvine is located in the center of Southern California’s “Technology Coast” and is known for its vibrant business environment. The city is also well-known for having the following advantages: a pleasant climate, a large well-educated and technically trained workforce, the safest communities in the United States, an abundant supply of high-quality housing, and numerous living and entertainment facilities. The famous video game company Blizzard is headquartered in Irvine, California.
The housing prices in Irvine have not dropped significantly. The reason is that the large influx of Chinese has pushed up local housing prices. The overall trend in U.S. housing prices has not affected its willingness to purchase assets. Many Chinese would rather buy or rent a house here because they take a fancy to Irvine's high-quality educational resources and peaceful social environment.
2. Arcadia
Total population: 53,000
Proportion of Chinese: 45.4%
Average household income: 77,758 U.S. dollars
Median house price: $975,400
House price increase trend: 23.9% year-on-year growth
Schools: 6 elementary schools, 3 junior high schools, 1 high school
"Peacock City" Arcadia is located at the foot of the San Gabriel Mountains and 21 kilometers northeast of downtown Los Angeles. About 30 years ago, residents of Asia City were almost entirely white; however, now, nearly half of the population is of Asian background. This transformation is inseparable from the increase in wealth and immigration to the United States from Taiwan, China, South Korea, and even other Asian countries.
Since the outbreak of the U.S. subprime mortgage crisis and financial tsunami, housing prices across the United States have plummeted. However, cities such as Arcadia and other California cities where Chinese Americans gather have risen instead of falling. The direct reason is that the large influx of Chinese has pushed up local housing prices. The Chinese tradition of attaching importance to children's education has been carried forward in the United States.
3. Monterey Park (Monterey Park)
Total population: 60,269
Proportion of Chinese: 47.7%
Average household income: $52,159
Median house price: $547,800
House price growth trend: 21.11% annual increase
Schools: 8 elementary schools, 1 junior high school, 2 high schools So
Monterey Park (referred to as Monterey City) is located east of Los Angeles at the foot of the Imperial Mountains in the San Gabriel Valley. It occupies an important indicator position among the major cities inhabited by Chinese in the United States. Monterey Park is not only convenient for life and shopping, it is also a paradise for food, with restaurants of all kinds of tastes (especially Chinese favorite dishes).
Due to the large number of immigrants from various countries, the city has fully demonstrated its diverse cultural characteristics. Traditional Chinese festivals such as the Lantern Festival are listed as important festivals for celebration in the city.
4. San Gabriel (San Gabriel City)
Total population: 39,718
Proportion of Chinese: 25.4%
Average household income : $41,791
Median house price: $626,400
House price increase trend: 11.14% year-on-year growth
Schools: 5 elementary schools, 1 junior high school, and high school 2
San Gabriel is located east of Los Angeles and has a highly integrated Asian, European and North American culture. Second- and third-generation Chinese Americans frequent the shops and restaurants here.
Like Arcadia, San Gabriel’s housing prices did not fall when U.S. housing prices plummeted. The reason is also because Chinese investors are increasingly interested in investing in California, and the overall trend in U.S. housing prices has not declined. Affects its view on asset acquisition.
5. Walnut (Walnut City)
Total population: 39,718
Proportion of Chinese: 55.75%
Average household income: US$81,015 < /p>
Walnut City, also known as Walnut, is a wealthy and peaceful city.
Walnut City is mainly a residential community with a wide area and roads extending in all directions. It has everything from castles, villas, townhouses to high-end apartments. It is known as "Little Switzerland".
Walnut City’s real estate market has a very stable upward trend. Thanks to its top-notch high-quality school district in the United States, many local Americans come here to buy local real estate. Walnut City not only has a famous California has sunshine, an excellent business environment, and efficient government management and services. In the eyes of many Los Angeles home buyers, Walnut City has become one of the top cities for housing in school districts in recent years.
6. Chino Hills (Chino Hills)
Total population: 74,799
Proportion of Chinese: 30.3%
Average household income: $100,099
Median house price: $554,900
House price growth trend: 20.20% annual increase
Schools: 10 elementary schools, 2 junior high schools, 2 high schools So
The city of Chino Hills is located about 30 minutes’ drive from the eastern suburbs of Los Angeles, covering an area of ??approximately 116.2 square kilometers. "Chino" means "Chinese" in Spanish.
7. Diamond Ba (Diamond Bar)
Total population: 60,360
Proportion of Chinese: 52.2%
Average household income: US$68,879
Median house price: US$576,700
House price rising trend: 18.00% annual increase
Schools: 9 elementary schools, 3 junior high schools, 2 high schools
Diamond Bar is an affluent city on the outskirts of Los Angeles County. It is located in rolling hills with the neighboring cities of Chino Hills and Walnut. Because of its beautiful scenery, this area has become one of the first choices for middle- and upper-middle-class Chinese families to live in.
Diamond Bar is one of the cities in Southern California where Chinese people gather. Asians account for about 52% of the total population, about 29,000 people. Part of Diamond Bar City belongs to the top Walnut City School District in Southern California, which attracts many parents who value their children's education to move to the city. The large Chinese population also attracts many Asian businesses and restaurants to set up here.