Area Insights of Palmdale, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 1154 homes were sold with 253 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Palmdale, CA

Date

04-05-2023

Price Ratio

100%

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

Palmdale United Methodist Preschool-Kindergarten

PK to KG

Crosswind Community Church-Adventureland Preschool

PK to TKG

Middle School

Sage Space Aeronautics Gateway to Exploration Magnet Academy

6 to 8

Ratings

D-

David G. Millen Magnet Academy

6 to 8

Ratings

D+

Hillview Middle School

6 to 8

Ratings

C

High School

Antelope Valley Regional Occupational Program

9 to 12

R. Rex Parris High School

9 to 12

Ratings

D-

William J. (Pete) Knight High School

9 to 12

Ratings

C

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

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 6% 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 (181,637)
88,584 Male
93,053 Female
Education
30% High School
8% Associate
11% Bachelor
5% Graduate
Age

Average Age is 34 Years

Household Details

The area's household landscape is diverse, with 66% owner-occupied homes and 34% renter-occupied properties. Family households represent 80% of the population, indicating a strong community focus on family living. The average home value stands at $512,727, which suggests ample demand for multi-bedroom properties.

Total Households
50,999
Average home value
$512,727
Owned
66%
Rented
34%
Vacant
3%
Families
80%
Married
53%
With children
45%

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 4% Asian, 12% Black, and 2% Native residents, alongside 27% White and 61% 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 30% of households earning over $100,000 annually, while 33% 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
1%
Healthcare
14%
Professional
4%
Education
9%
Services
28%
Labor
22%
Retail
13%
Other
9%
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