.

Rent or Buy? See How Montrose-La Crescenta Home Ownership Rates Compare

The map below shows the percentage of a city's population that owns a home.

Proponents of home ownership argue that it ties people more closely to a community and makes people more invested in taking care of a neighborhood.  

There are many factors that determine how much of a community is made up of homeowners vs. renters - age of the community, income, whether a town is mostly single-family housing or multi-family housing. 

The Patch-created map above shows the percentage of the town's population that owns a home, based on figures from the 2010 census. A full window view of the map is available here.

The Montrose-La Crescenta area has a solid homeownership rate of 68.6 percent. That's still a contrast from La Cañada Flintridge's 89.1 percent. In other places, Pasadena checks in with a 48.1 percent rate of home ownership, Altadena has 71.7 percent, South Pasadena has 51.1 percent, and San Marino has 90.6. Heading east, Monrovia has 50.7 percent and Arcadia has a 66.7 percent rate.

With the above map on left you can compare the different home ownership rates across L.A. County - the redder cities have the lowest rate, the greener the highest and the shades of orange and yellow are in between.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »