Palos Verdes Estates, CA
Population 13,047 · California
About Palos Verdes Estates, CA
Palos Verdes Estates is a mid-sized city located in California with a population of 13,047 residents according to the latest US Census Bureau American Community Survey data. The median household income is $247,500 per year, which is 229% above the national median of $75,149. The median age of 52.9 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 Palos Verdes Estates features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Palos Verdes Estates in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,331, 186% above the national average of $1,163/month. Of the 5,383 total housing units, 90% are owner-occupied (4,541 units) and 10% are renter-occupied (491 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palos Verdes Estates shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palos Verdes Estates have an average one-way commute time of 32 minutes.
Education & Demographics
78.5% of Palos Verdes Estates 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 2.8% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 21.1% of the population being foreign-born.
How Palos Verdes Estates Ranks in California
Cost of Living in Palos Verdes Estates, CA
Compared to national averages, Palos Verdes Estates has a median household income of $247,500 (229% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $3,331 is 186% above the US average of $1,163. Within California, Palos Verdes Estates's income is 153% above the state average of $97,829, and home values are 206% above the state median of $653,874.
Why Live in Palos Verdes Estates, CA?
Palos Verdes Estates offers a strong local economy with a median household income of $247,500, well above the national average, and a well-educated community where 78.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Palos Verdes Estates’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palos Verdes Estates has a population of 13,047 with a median age of 52.9 years. Compare Palos Verdes Estates with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Palos Verdes Estates
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grand Terrace | 13,069 | $83,668 | $465,800 | Compare |
| Carpinteria | 13,100 | $104,233 | $965,200 | Compare |
| Avocado Heights | 12,934 | $95,000 | $668,700 | Compare |
| El Sobrante CDP (Riverside County), California | 13,206 | $160,331 | $749,300 | Compare |
| Larkspur | 12,856 | $134,744 | $1,805,100 | Compare |
| Solana Beach | 12,841 | $150,820 | $1,934,700 | Compare |
| North Fair Oaks | 13,327 | $106,690 | $1,209,600 | Compare |
| Bonita | 13,336 | $117,750 | $902,200 | 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 Palos Verdes Estates With Other Cities
Frequently Asked Questions about Palos Verdes Estates
What is the population of Palos Verdes Estates, CA?
The population of Palos Verdes Estates, CA is 13,047 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 Palos Verdes Estates?
The median household income in Palos Verdes Estates, CA is $247,500 per year, which is 229% above the national median of $75,149.
What is the median home value in Palos Verdes Estates?
The median home value in Palos Verdes Estates, CA is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palos Verdes Estates?
The median monthly rent in Palos Verdes Estates, CA is $3,331, which is 186% above the national average of $1,163/month.
What is the unemployment rate in Palos Verdes Estates?
The unemployment rate in Palos Verdes Estates, CA is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Palos Verdes Estates, CA a good place to live?
Palos Verdes Estates offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,047 and a median age of 52.9, the city appeals to established professionals and retirees.
How educated is Palos Verdes Estates, CA?
78.5% of residents in Palos Verdes Estates 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 Palos Verdes Estates?
Key cost-of-living indicators for Palos Verdes Estates, CA: median home value is $2,000,001 (717% above national), median rent is $3,331/month, and median household income is $247,500. The home-value-to-income ratio is 8.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Palos Verdes Estates?
The poverty rate in Palos Verdes Estates, CA is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palos Verdes Estates, CA?
Palos Verdes Estates's population is 2.8% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 3.5% two or more races. 21.1% of residents are foreign-born.