Paramount, CA
Population 52,546 · California
About Paramount, CA
Paramount is a mid-sized city located in California with a population of 52,546 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,912 per year, which is 6% below the national median of $75,149. The median age of 33.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Paramount features a median home value of $500,400, which is 104% above the national median of $244,900. This places Paramount in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,772, 52% above the national average of $1,163/month. Of the 14,585 total housing units, 43% are owner-occupied (6,225 units) and 57% are renter-occupied (8,123 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Paramount shows an unemployment rate of 5.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Paramount have an average one-way commute time of 28.8 minutes.
Education & Demographics
13.1% of Paramount residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 71.1% White, 3.6% Hispanic or Latino, 0.6% Black or African American, and 10.4% Asian residents, with 36.3% of the population being foreign-born.
Cost of Living in Paramount, CA
Compared to national averages, Paramount has a median household income of $70,912 (6% below the national median of $75,149). Home values average $500,400, which is 104% above the national median. Monthly rent at $1,772 is 52% above the US average of $1,163. Within California, Paramount's income is 28% below the state average of $97,829, and home values are 23% below the state median of $653,874.
Why Live in Paramount, CA?
Potential considerations include median household income ($70,912) that falls below the national average, and a competitive housing market where the typical home costs $500,400. However, as a mid-sized city, Paramount provides access to a wide range of amenities and services.
Paramount has a population of 52,546 with a median age of 33.2 years. Compare Paramount with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Paramount
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Novato | 52,689 | $112,193 | $1,007,100 | Compare |
| Placentia | 52,384 | $110,575 | $871,000 | Compare |
| Cathedral City | 52,047 | $67,031 | $420,700 | Compare |
| Watsonville | 51,968 | $74,785 | $657,700 | Compare |
| Lincoln | 51,629 | $108,108 | $628,500 | Compare |
| Palm Desert | 51,551 | $79,508 | $491,600 | Compare |
| Huntington Park | 53,658 | $56,952 | $557,600 | Compare |
| Glendora | 51,350 | $111,915 | $820,800 | 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 Paramount With Other Cities
Frequently Asked Questions about Paramount
What is the population of Paramount, CA?
The population of Paramount, CA is 52,546 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 Paramount?
The median household income in Paramount, CA is $70,912 per year, which is 6% below the national median of $75,149.
What is the median home value in Paramount?
The median home value in Paramount, CA is $500,400, which is 104% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Paramount?
The median monthly rent in Paramount, CA is $1,772, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Paramount?
The unemployment rate in Paramount, CA is 5.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Paramount, CA a good place to live?
Paramount offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 52,546 and a median age of 33.2, the city appeals to young professionals and families.
How educated is Paramount, CA?
13.1% of residents in Paramount aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Paramount?
Key cost-of-living indicators for Paramount, CA: median home value is $500,400 (104% above national), median rent is $1,772/month, and median household income is $70,912. The home-value-to-income ratio is 7.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Paramount?
The poverty rate in Paramount, CA is 13.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Paramount, CA?
Paramount's population is 71.1% White, 3.6% Hispanic or Latino, 0.6% Black or African American, 10.4% Asian, and 8.6% two or more races. 36.3% of residents are foreign-born.