Malibu is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 12,777 people and five constituent neighborhoods, Malibu is the 382nd largest community in California.
Malibu home prices are not only among the most expensive in California, but Malibu real estate also consistently ranks among the most expensive in America.
Malibu is a decidedly white-collar city, with fully 93.71% of the workforce employed in white-collar jobs, well above the national average. Overall, Malibu is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Malibu who work in management occupations (20.69%), sales jobs (11.62%), and art, media, and design (11.23%).
Of important note, Malibu is also a city of artists. Malibu has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Malibu’s character.
Also of interest is that Malibu has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Malibu telecommute to their jobs. Overall, about 17.32% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Malibu is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Malibu, however, is that residents on average have to contend with a long commute, spending on average 33.34 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Malibu, you'll likely find that many of your neighbors like to as well. Malibu is one of the more educated communities in America, with a full 63.03% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Malibu in 2010 was $125,219, which is wealthy relative to California and the nation. This equates to an annual income of $500,876 for a family of four.
Malibu is a somewhat ethnically-diverse city. The people who call Malibu home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Malibu residents report their race to be White, followed by Asian. Important ancestries of people in Malibu include German, English, Irish, Italian, and Scottish.
The most common language spoken in Malibu is English. Other important languages spoken here include Spanish and German/Yiddish.