Neighborhood Profile

Watts

Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
24.2
National rank: #14,284 of 14,967
Stability and Strength
19.0
Score
Value Opportunity
18.7
Score
Momentum
40.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLos Angeles, CA
CountyLos Angeles County
National rank#14,284 of 14,967
State rank#1,749 of 1,814
City rank#83 of 94
County rank#309 of 321
National percentile4.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$593,803
Year-over-year home value change-0.4%
Month-over-month home value change-0.03%
Home value to income ratio11.46
Median household income$51,824
Bachelor's degree or higher7.6%
Civilian unemployment rate13.4%
Homeownership rate29.2%
Housing vacancy rate3.7%
Rent burden 30% or higher66.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Watts

What is the Best Neighborhoods USA ranking for Watts?

Watts is ranked #83 of 94 eligible neighborhoods in Los Angeles; #1,749 of 1,814 eligible neighborhoods in CA; and #14,284 of 14,967 eligible neighborhoods in the United States.

Is Watts one of the best neighborhoods in Los Angeles?

Watts has a Best Neighborhoods USA Index of 24.2 and a city ranking of #83 of 94 eligible neighborhoods in Los Angeles.

How much are homes worth in Watts?

The current Zillow Home Value Index for Watts is approximately $593,803.

Are home values rising or falling in Watts?

Zillow neighborhood values changed -0.4% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for Watts?

Watts has a Neighborhood Momentum Score of 40.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Watts?

The NDS-derived neighborhood median household income is approximately $51,824.

How affordable is Watts relative to household income?

The current Zillow home-value-to-household-income ratio is 11.46. Price-to-income affordability is a major Value Opportunity input.

Is Watts primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 29.2%.

What is the unemployment rate in Watts?

The NDS-derived civilian unemployment rate is approximately 13.4%.

How educated are residents of Watts?

Approximately 7.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Watts face high rent burden?

Approximately 66.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Watts?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications493
Estimated originations228
Home-purchase applications166
Origination rate46.3%
Home-purchase share33.7%
Average application loan$395,369
Total application loan amount$194,882,570
National application rank#567 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.4% YoY; originations 14.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.