Neighborhood Profile

Chinatown

Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
23.0
National rank: #14,415 of 14,967
Stability and Strength
33.4
Score
Value Opportunity
26.5
Score
Momentum
1.4
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#14,415 of 14,967
State rank#1,762 of 1,814
City rank#87 of 94
County rank#313 of 321
National percentile3.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,047,774
Year-over-year home value change-8.9%
Month-over-month home value change-1.42%
Home value to income ratio19.50
Median household income$53,723
Bachelor's degree or higher34.9%
Civilian unemployment rate5.0%
Homeownership rate1.4%
Housing vacancy rate6.0%
Rent burden 30% or higher59.5%

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 Chinatown

What is the Best Neighborhoods USA ranking for Chinatown?

Chinatown is ranked #87 of 94 eligible neighborhoods in Los Angeles; #1,762 of 1,814 eligible neighborhoods in CA; and #14,415 of 14,967 eligible neighborhoods in the United States.

Is Chinatown one of the best neighborhoods in Los Angeles?

Chinatown has a Best Neighborhoods USA Index of 23.0 and a city ranking of #87 of 94 eligible neighborhoods in Los Angeles.

How much are homes worth in Chinatown?

The current Zillow Home Value Index for Chinatown is approximately $1,047,774.

Are home values rising or falling in Chinatown?

Zillow neighborhood values changed -8.9% year over year and -1.42% month over month.

What is the Neighborhood Momentum Score for Chinatown?

Chinatown has a Neighborhood Momentum Score of 1.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Chinatown?

The NDS-derived neighborhood median household income is approximately $53,723.

How affordable is Chinatown relative to household income?

The current Zillow home-value-to-household-income ratio is 19.50. Price-to-income affordability is a major Value Opportunity input.

Is Chinatown primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 1.4%.

What is the unemployment rate in Chinatown?

The NDS-derived civilian unemployment rate is approximately 5.0%.

How educated are residents of Chinatown?

Approximately 34.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Chinatown face high rent burden?

Approximately 59.5% 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 Chinatown?

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 applications48
Estimated originations10
Home-purchase applications36
Origination rate21.1%
Home-purchase share74.3%
Average application loan$683,877
Total application loan amount$33,134,876
National application rank#7,360 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.9% YoY; originations 287.9% 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.