Area Insights of 93550, 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 394 homes were sold with 67 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

93550, Palmdale, CA

Date

04-01-2023

Price Ratio

101%

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

No schools available

Middle School

Sage Space Aeronautics Gateway to Exploration Magnet Academy

6 to 8

Ratings

D-

Desert Willow Magnet Academy

6 to 8

Ratings

C+

Cactus Magnet Academy

6 to 8

Ratings

D+

High School

Antelope Valley Regional Occupational Program

9 to 12

R. Rex Parris High School

9 to 12

Ratings

D-

Palmdale High School

9 to 12

Ratings

D+

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 increase of 5% 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 (78,362)
37,285 Male
41,077 Female
Education
32% High School
7% Associate
7% Bachelor
3% Graduate
Age

Average Age is 32 Years

Household Details

The area's household landscape is diverse, with 53% owner-occupied homes and 47% renter-occupied properties. Family households represent 77% of the population, indicating a strong community focus on family living. The average home value stands at $450,311, which suggests ample demand for multi-bedroom properties.

Total Households
22,102
Average home value
$450,311
Owned
53%
Rented
47%
Vacant
4%
Families
77%
Married
44%
With children
47%

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 3% Asian, 14% Black, and 2% Native residents, alongside 22% White and 69% 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 18% of households earning over $100,000 annually, while 34% 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
15%
Professional
3%
Education
6%
Services
30%
Labor
22%
Retail
14%
Other
8%
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