Most Expensive Malibu Neighborhoods
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 12,958 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 94.66% 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 (19.49%), sales jobs (12.30%) and art, media, and design (11.72%).
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.
Telecommuters are a relatively large percentage of the workforce: 22.78% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 34.22 minutes every day commuting to work.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Malibu. 60.33% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Malibu in 2010 was $95,212, which is wealthy relative to California and the nation. This equates to an annual income of $380,848 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 English, German, Irish, Italian, Russian and European.
Malibu also has a high percentage of its population that was born in another country: 16.86%.
The most common language spoken in Malibu is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||5,245|
|MALIBU HOME OWNERSHIP|
|% OWNER OCCUPIED||68.37%|
|% RENTER OCCUPIED||31.64%|
|TYPE OF MALIBU HOMES|
|SINGLE FAMILY DETACHED||62.92%|
|ROWHOUSES AND ATTACHED HOMES||8.80%|
|SMALL APARTMENT BUILDINGS||7.44%|
|COMPLEXES OR HIGH RISE APARTMENTS||9.75%|
|SIZE OF MALIBU HOMES|
|5 OR MORE BEDROOMS||9.93%|
|AGE OF MALIBU HOMES|
|NEWER HOMES (2000 OR LATER)||7.01%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||57.36%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||33.35%|
|HISTORIC (1939 OR BEFORE)||2.29%|
|MALIBU REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$2,649,437|
|MEDIAN RENTAL PRICE||$2,714|
|HOME VALUE RANGE|
|$0 - $68,000||1.79%|
|$68,001 - $135,000||1.20%|
|$135,001 - $271,000||2.16%|
|$271,001 - $406,000||0.53%|
|$406,001 - $541,000||3.52%|
|$541,001 - $677,000||4.43%|
|$677,001 - $1,015,000||9.87%|
|$1,015,001 - $1,353,000||5.31%|
|PEOPLE OF MALIBU||DETAILS|
|UNDER 5 YEARS||3.27%|
|5 TO 17||14.50%|
|18 TO 24||9.52%|
|25 TO 34||6.63%|
|35 TO 54||25.35%|
|55 TO 64||19.01%|
|65 YEARS AND OVER||21.71%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.49%|
|MEDIAN HOUSEHOLD INCOME||$130,432|
|PER CAPITA INCOME||$95,212|
|INDIVIDUALS BELOW POVERTY LEVEL||10.76%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (20.40%)
Information Technology (10.63%)
Real estate (5.24%)
|BLACK OR AFRICAN AMERICAN||1.40%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.07%|
|SOME OTHER RACE ALONE||2.62%|
|TWO OR MORE RACES||3.83%|
|HISPANIC OR LATINO (OF ANY RACE)||7.36%|
|ETHNICITIES PRESENT||English (16.94%)
|LANGUAGES SPOKEN||English (86.19%)
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