Area Insights of 90403, Santa Monica, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of NaN%, reflecting steady buyer interest. A total of 48 homes were sold with 0 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

90403, Santa Monica, CA

Date

07-08-2023

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

St Monica Catholic Elementary School

PK to 8

Middle School

Lincoln Middle School

6 to 8

Ratings

A-

High School

No schools available

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 decrease of 1% 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 (23,099)
11,369 Male
11,730 Female
Education
6% High School
5% Associate
39% Bachelor
34% Graduate
Age

Average Age is 43 Years

Household Details

The area's household landscape is diverse, with 25% owner-occupied homes and 75% renter-occupied properties. Family households represent 41% of the population, indicating a strong community focus on family living. The average home value stands at $1,872,954, which suggests ample demand for multi-bedroom properties.

Total Households
12,134
Average home value
$1,872,954
Owned
25%
Rented
75%
Vacant
10%
Families
41%
Married
32%
With children
14%

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 10% Asian, 2% Black, and 0% Native residents, alongside 74% White and 9% 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 55% of households earning over $100,000 annually, while 18% 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
7%
Healthcare
12%
Professional
26%
Education
9%
Services
16%
Labor
9%
Retail
5%
Other
16%
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