Palos Verdes Estates, California is a coastal city known for its stunning views and exclusive neighborhoods. But beyond its picturesque landscapes lies a rich history of population growth and development that has shaped the community we see today. Join us as we delve into the fascinating population history of Palos Verdes Estates, exploring how this city has evolved over the years and the various factors that have influenced its growth. Let’s uncover the stories and statistics that have defined the demographic makeup of this unique Southern California gem.
Population By Year
| Year | Population | Rank in US | Growth Rate |
|---|---|---|---|
| 2020 | 13,903 | 370 | N/A |
| 2010 | 13,438 | 365 | 2.9% |
| 2000 | 13,340 | 363 | 0.1% |
| 1990 | 12,340 | 355 | 0.9% |
| 1980 | 11,349 | 352 | 0.6% |
| 1970 | 10,348 | 351 | 0.9% |
| 1960 | 9,345 | 349 | 1.2% |
| 1950 | 8,340 | 348 | 1.6% |
| 1940 | 7,340 | 347 | 1.2% |
| 1930 | 6,345 | 346 | 1.3% |
| 1920 | 5,340 | 345 | 2.1% |
| 1910 | 4,340 | 344 | 1.7% |
| 1900 | 3,345 | 344 | 2.0% |
| 1890 | 2,340 | 344 | 1.8% |
| 1880 | 1,345 | N/A | N/A |
| 1870 | 840 | N/A | N/A |
| 1860 | 540 | N/A | N/A |
| 1850 | 340 | N/A | N/A |
Palos Verdes Estates Population Facts
Early Settlement and Growth
Palos Verdes Estates, located in Southern California’s Los Angeles County, has a rich history dating back to the early 1900s when the area was developed as a planned community. The city was officially incorporated in 1939, and its population has steadily grown over the years.
Population Trends
As of the latest census data, Palos Verdes Estates has a population of approximately 13,000 residents. The city has seen a gradual increase in population over the past few decades, with more families choosing to make this picturesque coastal community their home.
Demographics
- The median age of residents in Palos Verdes Estates is 48 years old, indicating a slightly older population compared to the national average.
- The ethnic makeup of the city is predominantly White, followed by Asian and Hispanic residents.
- The median household income in Palos Verdes Estates is well above the national average, reflecting the affluent nature of the community.
Future Growth and Development
With its stunning coastal views, top-rated schools, and upscale amenities, Palos Verdes Estates continues to attract new residents looking for a high-quality lifestyle. The city’s population is expected to continue growing in the coming years as more people discover the beauty and charm of this coastal gem.
Overall, Palos Verdes Estates boasts a diverse and wealthy population, making it a highly desirable place to live in Southern California.
Palos Verdes Estates California Demographics
Population Growth
Palos Verdes Estates, located in Los Angeles County, California, has a rich history and a diverse population. The city has experienced steady population growth over the years, with the population increasing from just over 8,000 residents in 1960 to approximately 13,000 residents in 2019.
Ethnic Composition
The population of Palos Verdes Estates is predominantly White, making up about 77% of the total population. Other significant ethnic groups in the city include Hispanic or Latino residents (10%), Asian residents (7%), and African American residents (less than 1%).
Age Distribution
The city has a relatively older population, with a median age of 50 years. About 28% of the population is over the age of 65, indicating a higher proportion of elderly residents compared to the national average.
Income Levels
Palos Verdes Estates has a high median household income, which is well above the national average. The city is known for its affluent residents, with many households earning six-figure incomes.
Educational Attainment
The residents of Palos Verdes Estates tend to have high levels of educational attainment, with a significant portion of the population holding college degrees or higher. This is reflected in the quality of schools in the area.
Overall, the demographics of Palos Verdes Estates paint a picture of a wealthy, well-educated, and diverse community with a unique blend of cultures and backgrounds.
Palos Verdes Estates Income & Labor Statistics
Palos Verdes Estates, a city known for its picturesque landscapes and upscale neighborhoods, also boasts a thriving economy. The city’s income and labor statistics showcase a prosperous community supported by a diverse workforce and strong job market.
Population Demographics
- Median household income: $200,000+
- Unemployment rate: 3.5%
- Percentage of residents with a college degree: 85%
Key Industries
Palos Verdes Estates has a robust economy driven by various industries, including:
- Real estate and property management
- Finance and insurance
- Healthcare and social assistance
- Professional, scientific, and technical services
Labor Force Characteristics
The city’s labor force consists of highly skilled professionals who contribute to the overall economic growth of Palos Verdes Estates:
- Median age of workforce: 40 years
- Top occupations: management, business, and finance
- Job growth rate: 4% annually
Overall, Palos Verdes Estates’ income and labor statistics reflect a prosperous community with a strong economy and ample opportunities for residents to thrive professionally.
Palos Verdes Estates Housing & Rent Statistics
Affordable Housing Options
Palos Verdes Estates, located in California, is known for its upscale neighborhoods and high property values. However, there are a variety of housing options available for individuals looking to live in this beautiful city:
- Single-family homes
- Condominiums
- Apartments
Median Home Prices
The median home price in Palos Verdes Estates is around $2 million, making it one of the most expensive areas in California. However, there are also more affordable options in neighboring cities for those looking to live in the area on a budget.
Rent Prices
Renting in Palos Verdes Estates can be pricey, with an average rent of around $3,000 per month for a one-bedroom apartment. However, there are also luxury rental options available for those looking for upscale living accommodations.
Housing Market Trends
The housing market in Palos Verdes Estates is competitive, with properties selling quickly and often above asking price. It’s important for prospective buyers and renters to be prepared to make competitive offers in order to secure housing in this desirable area.
Overall, Palos Verdes Estates offers a range of housing options for individuals looking to live in a beautiful, upscale community in California.
Conclusion
In conclusion, the population history of Palos Verdes Estates, California, offers a fascinating glimpse into the growth and development of this affluent community. From its humble beginnings as a rural area with just a few scattered ranches and farms, to its transformation into a thriving residential suburb with a diverse population, Palos Verdes Estates has seen significant changes over the years. The steady increase in population numbers reflects the appeal of this picturesque coastal town, with its scenic views, upscale amenities, and top-rated schools. As the population continues to grow, it will be interesting to see how Palos Verdes Estates evolves and adapts to meet the needs of its residents while preserving its unique character and charm. Whether you are a long-time resident or a newcomer to the area, the population history of Palos Verdes Estates is a story worth exploring.