Last updated: 2024 BLS data · Page refreshed:
Rancho Palos Verdes has a population of 40,864 with a median age of 49.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 40,864 |
| Median Age | 49.1 |
| White | 48.0% |
| Black or African American | 1.6% |
| Asian | 31.9% |
| Hispanic or Latino | 12.1% |
| Other / Two or More Races | 6.4% |
The median household income in Rancho Palos Verdes is $179,623, which is 122.8% above the national median of $80,610. The per capita income is $87,993. The poverty rate is 4.2%.
The unemployment rate in Rancho Palos Verdes is 5.0%, compared to the national rate of 4.1%.
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In Rancho Palos Verdes, 98.5% of residents age 25+ have a high school diploma or higher, and 70.5% hold a bachelor's degree or higher (34.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.5% |
| Bachelor's Degree or Higher | 70.5% |
| Graduate or Professional Degree | 34.5% |
The median home value in Rancho Palos Verdes is $1,609,400, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 80.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,609,400 |
| Median Monthly Rent | $3,501 |
| Homeownership Rate | 80.4% |
| Vacancy Rate | 9.3% |
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