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Rancho Palos Verdes, CA&

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Population
42,412
0.12% decline
Median Age
49.3
Median Household Income
$120,668
1.59% growth
Poverty Rate
4.04%
Number of Employees
18,056
0.34% decline
Median Property Value
$1M
3.63% growth

Economy

The economy of Rancho Palos Verdes, CA employs 18,056 people. The economy of Rancho Palos Verdes, CA is specialized in Wholesale trade; Real Estate, Rental & Leasing; and Professional, Scientific, Tech Services, which employ respectively 2.39; 2.2; and 1.87 times more people than what would be expected in a location of this size. The largest industries in Rancho Palos Verdes, CA are Manufacturing (2,499), Professional, Scientific, Tech Services (2,404), and Healthcare & Social Assistance (2,260), and the highest paying industries are Utilities ($121,458), Healthcare & Social Assistance ($90,187), and Professional, Scientific, Tech Services ($86,605).

Median household income in Rancho Palos Verdes, CA is $120,668. Males in Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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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Showing data across all counties in California.

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Diversity

Rancho Palos Verdes, CA is home to a population of 42,412 people, from which 93% are citizens. The ethnic composition of the population of Rancho Palos Verdes, CA is composed of 22,984 White residents (54.2%), 11,652 Asian residents (27.5%), 4,241 Hispanic residents (10%), 2,028 Two+ residents (4.78%), and 916 Black residents (2.16%). The most common foreign languages in Rancho Palos Verdes, CA are Chinese (3,122 speakers), Japanese (2,286 speakers), and Spanish (1,893 speakers), but compared to other places, Rancho Palos Verdes, CA has a relative high number of Japanese (2,286 speakers), Persian (1,016 speakers), and Korean (1,648 speakers).

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Education

In 2015 universities in Rancho Palos Verdes, CA awarded 169 degrees. The student population of Rancho Palos Verdes, CA is skewed towards females, with 74 male students and 95 female students. Most students in Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, CA is $1M, which is 4.89 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $968,200 to $1M, a 3.63% increase. The homeownership rate of Rancho Palos Verdes, CA is 79.8%, which is higher than the national average of 63.6%. People in Rancho Palos Verdes, CA have an average commute time of 29.5 minutes, and they commute by Drove Alone. Car ownership in Rancho Palos Verdes, 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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