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Palos Verdes Estates, CA&

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Population
13,582
0.24% decline
Median Age
50.2
Median Household Income
$200,766
15.1% growth
Poverty Rate
5.54%
Number of Employees
5,564
0.93% decline
Median Property Value
$1.61M
5.11% growth

Economy

The economy of Palos Verdes Estates, CA employs 5,564 people. The economy of Palos Verdes Estates, CA is specialized in Real Estate, Rental & Leasing; Professional, Scientific, Tech Services; and Finance & Insurance, which employ respectively 3.49; 2.45; and 2.19 times more people than what would be expected in a location of this size. The largest industries in Palos Verdes Estates, CA are Professional, Scientific, Tech Services (973), Healthcare & Social Assistance (748), and Manufacturing (589), and the highest paying industries are Arts, Entertainment, Recreation ($250,001), Finance & Insurance ($130,903), and Real Estate, Rental & Leasing ($101,250).

Median household income in Palos Verdes Estates, CA is $200,766. Males in Palos Verdes Estates, CA have an average income that is 1.52 times higher than the average income of females, which is $84,695. The income inequality of Palos Verdes Estates, CA (measured using the Gini index) is 0.506 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Palos Verdes Estates, CA. In Los Angeles County, CA the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 72 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,222. Monterey County, CA has the highest prevalence of homicides of any county in California.

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The closest comparable data for the census place of Palos Verdes Estates, CA is from the county of Los Angeles County, CA.

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Diversity

Palos Verdes Estates, CA is home to a population of 13,582 people, from which 95.4% are citizens. The ethnic composition of the population of Palos Verdes Estates, CA is composed of 9,032 White residents (66.5%), 2,770 Asian residents (20.4%), 908 Hispanic residents (6.69%), 618 Two+ residents (4.55%), and 169 Black residents (1.24%). The most common foreign languages in Palos Verdes Estates, CA are Chinese (756 speakers), Spanish (693 speakers), and Japanese (351 speakers), but compared to other places, Palos Verdes Estates, CA has a relative high number of Japanese (351 speakers), Greek (81 speakers), and Other West Germanic (34 speakers).

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Education

In 2015 universities in Palos Verdes Peninsula PUMA, CA awarded 169 degrees. The student population of Palos Verdes Peninsula PUMA, CA is skewed towards females, with 74 male students and 95 female students. Most students in Palos Verdes Peninsula PUMA, CA are Hispanic or Latino (57 and 33.7%), followed by White (56 and 33.1%), Black or African American (14 and 8.28%), and Unknown (13 and 7.69%). The largest universities in Palos Verdes Peninsula PUMA, CA by number of graduates are Marymount California University (169 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Palos Verdes Peninsula PUMA, CA are General Business Administration & Management (49 and 29%), Liberal Arts & Sciences (35 and 20.7%), and General Psychology (31 and 18.3%). The median tuition costs in Palos Verdes Peninsula PUMA, CA are N/A for private four year colleges, and $34,134 and $34,134 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Palos Verdes Estates, CA is $1.61M, which is 7.85 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $1.53M to $1.61M, a 5.11% increase. The homeownership rate of Palos Verdes Estates, CA is 87.2%, which is higher than the national average of 63.6%. People in Palos Verdes Estates, CA have an average commute time of 31 minutes, and they commute by Drove Alone. Car ownership in Palos Verdes Estates, CA is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
California
state
Los Angeles County, CA
county
Los Angeles-Long Beach-Anaheim, CA Metro Area
metropolitan statistical area
Los Angeles County (Southwest)--Palos Verdes Peninsula PUMA
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