Cerritos, CA
Population 48,340 · California
About Cerritos, CA
Cerritos is a mid-sized city located in California with a population of 48,340 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,953 per year, which is 78% above the national median of $75,149. The median age of 47 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cerritos features a median home value of $908,600, which is 271% above the national median of $244,900. This places Cerritos in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,909, 150% above the national average of $1,163/month. Of the 16,054 total housing units, 75% are owner-occupied (11,759 units) and 25% are renter-occupied (4,004 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cerritos shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cerritos have an average one-way commute time of 33.1 minutes.
Education & Demographics
57.1% of Cerritos residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 10.4% White, 1.1% Hispanic or Latino, 0.3% Black or African American, and 3.8% Asian residents, with 43.7% of the population being foreign-born.
Cost of Living in Cerritos, CA
Compared to national averages, Cerritos has a median household income of $133,953 (78% above the national median of $75,149). Home values average $908,600, which is 271% above the national median. Monthly rent at $2,909 is 150% above the US average of $1,163. Within California, Cerritos's income is 37% above the state average of $97,829, and home values are 39% above the state median of $653,874.
Why Live in Cerritos, CA?
Cerritos offers a strong local economy with a median household income of $133,953, well above the national average, and a well-educated community where 57.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $908,600. However, Cerritos’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cerritos has a population of 48,340 with a median age of 47 years. Compare Cerritos with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Cerritos
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Poway | 48,515 | $143,825 | $971,500 | Compare |
| San Luis Obispo | 48,039 | $66,711 | $896,500 | Compare |
| North Highlands | 47,900 | $65,090 | $344,900 | Compare |
| Ceres | 48,918 | $76,862 | $397,200 | Compare |
| Antelope | 49,080 | $95,102 | $468,200 | Compare |
| Azusa | 49,318 | $85,727 | $607,400 | Compare |
| Brea | 47,337 | $124,837 | $874,300 | Compare |
| Rancho Santa Margarita | 47,257 | $146,827 | $907,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cerritos With Other Cities
Frequently Asked Questions about Cerritos
What is the population of Cerritos, CA?
The population of Cerritos, CA is 48,340 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Cerritos?
The median household income in Cerritos, CA is $133,953 per year, which is 78% above the national median of $75,149.
What is the median home value in Cerritos?
The median home value in Cerritos, CA is $908,600, which is 271% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cerritos?
The median monthly rent in Cerritos, CA is $2,909, which is 150% above the national average of $1,163/month.
What is the unemployment rate in Cerritos?
The unemployment rate in Cerritos, CA is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cerritos, CA a good place to live?
Cerritos offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 48,340 and a median age of 47, the city appeals to established professionals and retirees.
How educated is Cerritos, CA?
57.1% of residents in Cerritos aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cerritos?
Key cost-of-living indicators for Cerritos, CA: median home value is $908,600 (271% above national), median rent is $2,909/month, and median household income is $133,953. The home-value-to-income ratio is 6.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Cerritos?
The poverty rate in Cerritos, CA is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cerritos, CA?
Cerritos's population is 10.4% White, 1.1% Hispanic or Latino, 0.3% Black or African American, 3.8% Asian, and 6.5% two or more races. 43.7% of residents are foreign-born.