Area Insights of Los Angeles, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 7366 homes were sold with 1331 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Los Angeles, CA

Date

03-31-2023

Price Ratio

102%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

City Kids la

1 to 5

Creative Angels Preschool and Kindergarden

TKG to TKG

Circle of Children Developmental Kindergarten

TKG to TKG

St Dominic Elementary School

PK to 8

Bright Montessori School Inc.

PK to TKG

Middle School

Camino Nuevo Charter Academy #4

KG to 8

Animo Phillis Wheatley Charter Middle School

6 to 8

Animo Western Charter Middle School

6 to 8

High School

PUC Early College Academy for Leaders & Scholars (ECALS)

9 to 12

Alliance Tennenbaum Family Technology High School

9 to 12

Animo College Preparatory Academy

9 to 12

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 2% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (2,348,087)
1,163,477 Male
1,184,610 Female
Education
18% High School
5% Associate
23% Bachelor
13% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 29% owner-occupied homes and 71% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $1,313,095, which suggests ample demand for multi-bedroom properties.

Total Households
831,590
Average home value
$1,313,095
Owned
29%
Rented
71%
Vacant
7%
Families
55%
Married
33%
With children
26%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 12% Asian, 12% Black, and 2% Native residents, alongside 27% White and 51% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 32% of households earning over $100,000 annually, while 27% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
4%
Healthcare
12%
Professional
10%
Education
8%
Services
25%
Labor
15%
Retail
12%
Other
13%
Explore Listings in Los Angeles, CA