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Paramount, CA&

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0.15% decline
Median Age
Median Household Income
1.25% growth
Poverty Rate
Number of Employees
3.25% growth
Median Property Value
8.04% growth


The economy of Paramount, CA employs 23,709 people. The economy of Paramount, CA is specialized in Transportation & Warehousing; Wholesale trade; and Manufacturing, which employ respectively 1.83; 1.78; and 1.64 times more people than what would be expected in a location of this size. The largest industries in Paramount, CA are Manufacturing (3,758), Healthcare & Social Assistance (2,884), and Retail trade (2,840), and the highest paying industries are Utilities ($45,769), Finance & Insurance ($41,089), and Transportation & Warehousing ($31,975).

Median household income in Paramount, CA is $46,364. Males in Paramount, CA have an average income that is 1.05 times higher than the average income of females, which is $41,036. The income inequality of Paramount, CA (measured using the Gini index) is 0.41 which is lower 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 Paramount, 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.


Clinician to Patient Rates

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

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Paramount, CA is home to a population of 54,941 people, from which 76.3% are citizens. The ethnic composition of the population of Paramount, CA is composed of 44,817 Hispanic residents (81.6%), 5,096 Black residents (9.3%), 2,634 White residents (4.79%), 1,406 Asian residents (2.56%), and 412 Two+ residents (0.75%). The most common foreign languages in Paramount, CA are Spanish (37,376 speakers), Tagalog (499 speakers), and Korean (209 speakers), but compared to other places, Paramount, CA has a relative high number of Spanish (37,376 speakers), Mon-Khmer, Cambodian (196 speakers), and Other Pacific Island (206 speakers).


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In 2015 universities in Paramount, CA awarded 117 degrees. The student population of Paramount, CA is skewed towards females, with 10 male students and 107 female students. Most students in Paramount, CA are Hispanic or Latino (63 and 53.8%), followed by Black or African American (41 and 35%), White (4 and 3.42%), and Native Hawaiian or Other Pacific Islander (3 and 2.56%). The largest universities in Paramount, CA by number of graduates are InfoTech Career College (117 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Paramount, CA are Medical Assistant (37 and 31.6%), Medical Insurance Specialist (14 and 12%), and Nursing Assistant & Patient Care Assistant (12 and 10.3%). The median tuition costs in Paramount, CA are N/A for private four year colleges, and N/A and N/A 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 Paramount, CA is $283,400, which is 1.38 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $262,300 to $283,400, a 8.04% increase. The homeownership rate of Paramount, CA is 38.8%, which is lower than the national average of 63.6%. People in Paramount, CA have an average commute time of 27.5 minutes, and they commute by Drove Alone. Car ownership in Paramount, CA is approximately the same as the national average, with an average of 2 cars per household.


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United States
Los Angeles County, CA
Los Angeles-Long Beach-Anaheim, CA Metro Area
metropolitan statistical area
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