Most Expensive Rancho Palos Verdes Neighborhoods
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 42,726 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 92.00% 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 (19.89%), sales jobs (12.73%) and office and administrative support (10.94%).
Of important note, Rancho Palos Verdes is also a city of artists. Rancho Palos Verdes has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Rancho Palos Verdes’s character.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.94% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Rancho Palos Verdes is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Rancho Palos Verdes’s overall crime rate is lower than average for the country.
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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
One downside of living in Rancho Palos Verdes, however, is that residents on average have to contend with a long commute, spending on average 32.66 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Rancho Palos Verdes, you'll likely find that many of your neighbors like to as well. Rancho Palos Verdes is one of the more educated communities in America, with a full 64.81% 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 Rancho Palos Verdes in 2010 was $57,201, which is wealthy relative to California and the nation. This equates to an annual income of $228,804 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 German, English, Irish, Italian, Iranian and Polish.
Foreign born people are also an important part of Rancho Palos Verdes's cultural character, accounting for 26.53% of the city’s population.
The languages spoken by people in Rancho Palos Verdes are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Rancho Palos Verdes is English. Other important languages spoken here include Chinese, Japanese, Korean and Spanish.
|RANCHO PALOS VERDES INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||15,852|
|RANCHO PALOS VERDES HOME OWNERSHIP|
|% OWNER OCCUPIED||78.83%|
|% RENTER OCCUPIED||21.17%|
|TYPE OF RANCHO PALOS VERDES HOMES|
|SINGLE FAMILY DETACHED||76.65%|
|ROWHOUSES AND ATTACHED HOMES||7.13%|
|SMALL APARTMENT BUILDINGS||1.13%|
|COMPLEXES OR HIGH RISE APARTMENTS||15.02%|
|SIZE OF RANCHO PALOS VERDES HOMES|
|5 OR MORE BEDROOMS||13.14%|
|AGE OF RANCHO PALOS VERDES HOMES|
|NEWER HOMES (2000 OR LATER)||2.90%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||33.36%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||62.39%|
|HISTORIC (1939 OR BEFORE)||1.36%|
|RANCHO PALOS VERDES REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,279,555|
|MEDIAN RENTAL PRICE||$2,595|
|HOME VALUE RANGE|
|$0 - $68,000||0.82%|
|$68,001 - $135,000||1.17%|
|$135,001 - $271,000||1.26%|
|$271,001 - $406,000||1.08%|
|$406,001 - $541,000||2.49%|
|$541,001 - $677,000||4.07%|
|$677,001 - $1,015,000||15.85%|
|$1,015,001 - $1,353,000||28.76%|
|PEOPLE OF RANCHO PALOS VERDES||DETAILS|
|UNDER 5 YEARS||3.48%|
|5 TO 17||18.63%|
|18 TO 24||4.57%|
|25 TO 34||5.69%|
|35 TO 54||28.34%|
|55 TO 64||13.81%|
|65 YEARS AND OVER||25.47%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.55%|
|MEDIAN HOUSEHOLD INCOME||$120,697|
|PER CAPITA INCOME||$57,201|
|INDIVIDUALS BELOW POVERTY LEVEL||4.35%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (15.14%)
Real estate (3.57%)
Public Service (2.70%)
|BLACK OR AFRICAN AMERICAN||2.63%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.19%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.19%|
|SOME OTHER RACE ALONE||1.74%|
|TWO OR MORE RACES||5.39%|
|HISPANIC OR LATINO (OF ANY RACE)||7.82%|
|ETHNICITIES PRESENT||German (10.87%)
|LANGUAGES SPOKEN||English (68.75%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.