Rancho Palos Verdes, CA
Population 41,259 · California
About Rancho Palos Verdes, CA
Rancho Palos Verdes is a mid-sized city located in California with a population of 41,259 residents according to the latest US Census Bureau American Community Survey data. The median household income is $175,307 per year, which is 133% above the national median of $75,149. The median age of 49.7 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 Rancho Palos Verdes features a median home value of $1,541,400, which is 529% above the national median of $244,900. This places Rancho Palos Verdes in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 16,612 total housing units, 81% are owner-occupied (12,307 units) and 19% are renter-occupied (2,972 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rancho Palos Verdes shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rancho Palos Verdes have an average one-way commute time of 34.3 minutes.
Education & Demographics
69.1% of Rancho Palos Verdes 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 6.9% White, 1.6% Hispanic or Latino, 0.8% Black or African American, and 3.9% Asian residents, with 27.2% of the population being foreign-born.
Cost of Living in Rancho Palos Verdes, CA
Compared to national averages, Rancho Palos Verdes has a median household income of $175,307 (133% above the national median of $75,149). Home values average $1,541,400, which is 529% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within California, Rancho Palos Verdes's income is 79% above the state average of $97,829, and home values are 136% above the state median of $653,874.
Why Live in Rancho Palos Verdes, CA?
Rancho Palos Verdes offers a strong local economy with a median household income of $175,307, well above the national average, and a well-educated community where 69.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,541,400. However, Rancho Palos Verdes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rancho Palos Verdes has a population of 41,259 with a median age of 49.7 years. Compare Rancho Palos Verdes with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Rancho Palos Verdes
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Altadena | 41,921 | $129,123 | $1,073,500 | Compare |
| Culver City | 39,993 | $122,312 | $1,126,900 | Compare |
| French Valley | 42,550 | $132,605 | $637,800 | Compare |
| Coachella | 42,594 | $67,558 | $341,300 | Compare |
| San Bruno | 42,612 | $135,976 | $1,199,400 | Compare |
| Vineyard | 42,645 | $108,403 | $552,400 | Compare |
| Campbell | 42,848 | $147,128 | $1,550,000 | Compare |
| Hollister | 43,003 | $101,979 | $679,300 | 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 Rancho Palos Verdes With Other Cities
Frequently Asked Questions about Rancho Palos Verdes
What is the population of Rancho Palos Verdes, CA?
The population of Rancho Palos Verdes, CA is 41,259 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 Rancho Palos Verdes?
The median household income in Rancho Palos Verdes, CA is $175,307 per year, which is 133% above the national median of $75,149.
What is the median home value in Rancho Palos Verdes?
The median home value in Rancho Palos Verdes, CA is $1,541,400, which is 529% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rancho Palos Verdes?
The median monthly rent in Rancho Palos Verdes, CA is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Rancho Palos Verdes?
The unemployment rate in Rancho Palos Verdes, CA is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rancho Palos Verdes, CA a good place to live?
Rancho Palos Verdes offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 41,259 and a median age of 49.7, the city appeals to established professionals and retirees.
How educated is Rancho Palos Verdes, CA?
69.1% of residents in Rancho Palos Verdes 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 Rancho Palos Verdes?
Key cost-of-living indicators for Rancho Palos Verdes, CA: median home value is $1,541,400 (529% above national), median rent is $3,501/month, and median household income is $175,307. The home-value-to-income ratio is 8.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Rancho Palos Verdes?
The poverty rate in Rancho Palos Verdes, CA is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rancho Palos Verdes, CA?
Rancho Palos Verdes's population is 6.9% White, 1.6% Hispanic or Latino, 0.8% Black or African American, 3.9% Asian, and 2.1% two or more races. 27.2% of residents are foreign-born.