Palos Verdes Estates city, California
CityPopulation: 13,047 (2023 estimate)
Located in California , California
Census Bureau data for Palos Verdes Estates city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palos Verdes Estates city
- What is the median household income in Palos Verdes Estates city?
- The median household income in Palos Verdes Estates city is $247,500 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palos Verdes Estates city?
- The poverty rate in Palos Verdes Estates city is 2.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palos Verdes Estates city?
- $2,000,001 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palos Verdes Estates city?
- The median gross rent in Palos Verdes Estates city is $3,331 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palos Verdes Estates city residents have a college degree?
- 78.5% of adults in Palos Verdes Estates city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
13,047
Median Income
$247,500
Median Home Value
$2,000,001
Poverty Rate
2.4%
Unemployment (ACS 2023)
4.0%
Median Age
52.0 yrs
Since 2019
Median Income:
+$52,957 (+27.2%)
Home Value:
+$1 (+0%)
Poverty Rate:
-2.9 pp (-54.7%)
Bachelor's+:
+0.6 pp (+0.8%)
Unemployment:
+1.7 pp (+73.9%)
Demographics
Total Population
13,047
Median Age
52.0
Female
50.1%
Race & Ethnicity
Hispanic or Latino 4.8%
White (non-Hisp.) 62.0%
Black 3.5%
Asian 24.4%
Two or More 7.7%
Other 0.4%
Asian Subgroups (% of total pop.)
Chinese
11.7%
Japanese
7.8%
Korean
2.0%
Filipino
1.0%
Indian
0.8%
Hispanic Subgroups (% of total pop.)
Mexican
2.8%
Cuban
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$247,500
±$18,927
+$151,166 vs. state
Per Capita Income
$339,612
Median Family Income
$250,001
Poverty Rate
2.4%
-6.0 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
1.7%
Social Security Income
—
Retirement Income
35.8%
Household Income Distribution
< $10k
2.7%
$10–15k
0.5%
$15–25k
1.4%
$25–35k
2.5%
$35–50k
2.9%
$50–75k
7.1%
$75–100k
5.2%
$100–150k
11.1%
$150–200k
9.6%
$200k+
57.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
5,383
Owner-Occupied
90.2%
Renter-Occupied
9.8%
Vacancy Rate
6.5%
Median Home Value
$2,000,001
+$1,304,601 vs. state
Median Gross Rent
$3,331
Owner Cost Burden (30%+)
31.0%
Renter Cost Burden (30%+)
61.1%
Home Value Distribution
< $50k
1.3%
$100–200k
0.8%
$200–300k
0.9%
$300–500k
0.3%
$500k–$1M
2.7%
$1M+
92.8%
Gross Rent Distribution
$500–1k
3.5%
$2–2.5k
30.2%
$3.5k+
66.3%
Vehicle Availability
No vehicle
1.5%
1 vehicle
22.9%
2 vehicles
44.3%
3+
31.3%
Housing Type
Single-fam. det.
94.3%
Single-fam. att.
0.5%
5–19 units
2.6%
20+ units
1.0%
Housing Age
Pre-1940
5.8%
1940–1969
7.1%
1970–1999
18.7%
2000–2009
4.3%
2010+
1.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.7%
Bachelor's or Higher
78.5%
+42.0 pp vs. state
Graduate Degree
39.3%
Some College / Associate
9.8%
Less Than High School
0.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
53.6%
Unemployment Rate
4.0%
-2.4 pp vs. state
Work from Home
24.8%
Self-Employed
13.6%
Government Workers
9.7%
Private For-Profit
76.6%
Industry
Prof. Services
22.9%
Edu/Health
19.3%
Finance
17.3%
Manufacturing
11.4%
Retail
7.9%
Wholesale
5.6%
Construction
3.8%
Arts/Entmt.
3.3%
Public Admin
2.8%
Information
2.1%
Transportation
1.7%
Agriculture
0.4%
Occupation
Management
66.3%
Sales
25.1%
Food Prep
4.6%
Production
2.3%
Construction
1.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.0 min
Drove Alone
72.7%
Carpool
1.5%
Public Transit
0.0%
Work from Home
24.8%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,032
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
64.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
26.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
6.6%
10–14
8.1%
15–19
6.0%
20–24
2.8%
25–34
4.0%
35–44
7.1%
45–54
15.1%
55–64
9.5%
65–74
9.3%
75–84
12.9%
85+
9.2%
Under 18: 23.4%
Working age (18–64): 76.6%
65 and over: 27.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
21.1%
Naturalized Citizen
69.8%
Speaks English Less Than Very Well
8.7%
Foreign-Born Origin
Asia
79.4%
Europe
11.4%
Africa
5.5%
Latin America
2.3%
Veterans & Disability
Veteran
4.4%
With a Disability
9.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.8%
Uninsured
1.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.9%
Has a Computer
98.1%
Same House 1 Year Ago
92.0%
Moved from Abroad
1.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023