Most Expensive Santa Monica Neighborhoods
Santa Monica is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 92,987 people and 19 constituent neighborhoods, Santa Monica is the 80th largest community in California.
Santa Monica home prices are not only among the most expensive in California, but Santa Monica real estate also consistently ranks among the most expensive in America.
Santa Monica is a decidedly white-collar city, with fully 95.24% of the workforce employed in white-collar jobs, well above the national average. Overall, Santa Monica is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Santa Monica who work in management occupations (16.40%), art, media, and design (12.55%) and office and administrative support (10.19%).
Of important note, Santa Monica is also a city of artists. Santa Monica has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Santa Monica’s character.
Also of interest is that Santa Monica 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 Santa Monica telecommute to their jobs. Overall, about 10.15% 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.
One thing that you will notice about Santa Monica is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Santa Monica a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
One of the nice things about Santa Monica is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
For the size of the city, public transportation in Santa Monica is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Santa Monica, the benefits are reduced air pollution and congestion on the highways.
Do you like to read, write and learn? If you move to Santa Monica, you'll likely find that many of your neighbors like to as well. Santa Monica is one of the more educated communities in America, with a full 64.98% 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 Santa Monica in 2010 was $58,252, which is wealthy relative to California and the nation. This equates to an annual income of $233,008 for a family of four. However, Santa Monica contains both very wealthy and poor people as well.
Santa Monica is a very ethnically-diverse city. The people who call Santa Monica home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Santa Monica residents report their race to be White, followed by Asian. Santa Monica also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.55% of the city’s residents. Important ancestries of people in Santa Monica include German, Irish, English, Italian, Russian and Polish.
Foreign born people are also an important part of Santa Monica's cultural character, accounting for 22.80% of the city’s population.
The languages spoken by people in Santa Monica 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 Santa Monica is English. Other important languages spoken here include Spanish, Chinese and Persian.
|SANTA MONICA INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||46,536|
|SANTA MONICA HOME OWNERSHIP|
|% OWNER OCCUPIED||26.57%|
|% RENTER OCCUPIED||73.43%|
|TYPE OF SANTA MONICA HOMES|
|SINGLE FAMILY DETACHED||18.56%|
|ROWHOUSES AND ATTACHED HOMES||4.09%|
|SMALL APARTMENT BUILDINGS||12.73%|
|COMPLEXES OR HIGH RISE APARTMENTS||64.25%|
|SIZE OF SANTA MONICA HOMES|
|5 OR MORE BEDROOMS||2.03%|
|AGE OF SANTA MONICA HOMES|
|NEWER HOMES (2000 OR LATER)||6.83%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||33.73%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||43.80%|
|HISTORIC (1939 OR BEFORE)||15.65%|
|SANTA MONICA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,353,318|
|MEDIAN RENTAL PRICE||$1,961|
|HOME VALUE RANGE|
|$0 - $68,000||0.74%|
|$68,001 - $135,000||1.03%|
|$135,001 - $271,000||1.02%|
|$271,001 - $406,000||0.70%|
|$406,001 - $541,000||2.85%|
|$541,001 - $677,000||6.09%|
|$677,001 - $1,015,000||19.13%|
|$1,015,001 - $1,353,000||17.80%|
|PEOPLE OF SANTA MONICA||DETAILS|
|UNDER 5 YEARS||4.40%|
|5 TO 17||9.53%|
|18 TO 24||7.99%|
|25 TO 34||19.44%|
|35 TO 54||30.56%|
|55 TO 64||12.45%|
|65 YEARS AND OVER||15.64%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.94%|
|MEDIAN HOUSEHOLD INCOME||$74,534|
|PER CAPITA INCOME||$58,252|
|INDIVIDUALS BELOW POVERTY LEVEL||11.35%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (18.66%)
Information Technology (12.54%)
Real estate (3.45%)
Public Service (2.00%)
|BLACK OR AFRICAN AMERICAN||3.93%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.24%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.09%|
|SOME OTHER RACE ALONE||1.91%|
|TWO OR MORE RACES||4.55%|
|HISPANIC OR LATINO (OF ANY RACE)||14.55%|
|ETHNICITIES PRESENT||German (12.16%)
|LANGUAGES SPOKEN||English (72.05%)
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