Rancho Palos Verdes is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 42,732 people and nine constituent neighborhoods, Rancho Palos Verdes is the 200th largest community in California.
Rancho Palos Verdes home prices are not only among the most expensive in California, but Rancho Palos Verdes real estate also consistently ranks among the most expensive in America.
Rancho Palos Verdes is a decidedly white-collar city, with fully 91.82% of the workforce employed in white-collar jobs, well above the national average. Overall, Rancho Palos Verdes is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Rancho Palos Verdes who work in management occupations (19.64%), sales jobs (11.89%), and office and administrative support (11.63%).
Also of interest is that Rancho Palos Verdes 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: 9.46% 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.
Because of many things, Rancho Palos Verdes is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Rancho Palos Verdes really has some of the features that families look for when choosing a good community to raise children. Is Rancho Palos Verdes perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Rancho Palos Verdes 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.
In Rancho Palos Verdes, however, the average commute to work is quite long. On average, people spend 32.49 minutes each day getting to work, which is significantly higher than the national average.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Rancho Palos Verdes. 64.94% 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 Rancho Palos Verdes in 2010 was $56,317, which is wealthy relative to California and the nation. This equates to an annual income of $225,268 for a family of four.
Rancho Palos Verdes is an extremely ethnically-diverse city. The people who call Rancho Palos Verdes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rancho Palos Verdes residents report their race to be White, followed by Asian. Important ancestries of people in Rancho Palos Verdes include English, Irish, Italian, and French .
Rancho Palos Verdes also has a high percentage of its population that was born in another country: 27.26%.
The most common language spoken in Rancho Palos Verdes is English. Other important languages spoken here include Chinese and Japanese.