DollarTimes
You are Here:
DollarTimes.com > Mortgage > California > Los Angeles
Los Angeles, California Mortgage and Housing Information
Population: 3,694,820
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | California | Los Angeles | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $535,700 | $614,300 |
Monthly Owner Costs
| U.S. | California | Los Angeles | |
|---|---|---|---|
| With a mortgage | $1,402 | $2,142 | $2,313 |
| Without a mortgage | $399 | $417 | $483 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 111,438 | 21.9% |
| First Mortgage Only | 270,066 | 53.0% |
| Second Mortgage and/or Home Equity Loan | 127,719 | 25.1% |
| Total | 509,223 | 100% |
Tenancy in Los Angeles
| Owner-occupied homes | 509,223 |
|---|---|
| Renter-occupied homes | 764,657 |
| Homes for sale | 7,448 |
| Homes for rent | 33,189 |
| Total | 1,359,686 |
Age of Los Angeles Residents
| Males | 30 |
|---|---|
| Females | 32 |
Income
| U.S. | California | Los Angeles | |
|---|---|---|---|
| Median Earnings | $27,239 | $29,584 | $24,026 |
| Median Earnings, Males | $32,396 | $33,868 | $26,349 |
| Median Earnings, Females | $22,097 | $24,079 | $21,166 |
Males earn $5,183 (24.5%) more than Females in Los Angeles.
Commuting in Los Angeles
| Means of Transport | Number of People |
|---|---|
| Car, solo | 982,735 |
| Carpooled | 220,408 |
| Public Transit | 152,435 |
| Bicycle | 9,052 |
| Walking | 53,386 |
| Other Means | 15,184 |
| Total, Commuted | 1,433,200 |
| Worked from home | 61,695 |
| Total | 1,494,895 |
Time Spent Commuting in Los Angeles
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 19,867 |
| 5-9 | 90,118 |
| 10-14 | 160,950 |
| 15-19 | 210,165 |
| 20-24 | 214,813 |
| 25-29 | 84,762 |
| 30-34 | 264,944 |
| 35-39 | 41,092 |
| 40-44 | 62,299 |
| 45-59 | 132,776 |
| 60-89 | 102,286 |
| Over 90 | 49,128 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 186,942 | 15.9% | 201,710 | 17.2% |
| Associate Degree | 59,964 | 5.1% | 77,521 | 6.6% |
| Bachelor's Degree | 221,734 | 18.9% | 233,419 | 19.9% |
| Master's Degree | 69,850 | 5.9% | 72,999 | 6.2% |
| Professional Degree | 36,067 | 3.1% | 25,193 | 2.1% |
| Doctorate Degree | 19,954 | 1.7% | 10,715 | 0.9% |
| Total (at least some college) | 594,511 | 50.6% | 621,557 | 50.6% |
| Total over 25 | 1,174,569 | 100% | 1,227,161 | 100% |
Comments on Los Angeles
Latest comment on Los Angeles
July 25th, 2008
the weather in los angeles is great, but maybe a bit too dry
Mortgage Calculator
What Will Your Monthly Payment Be?
© HBrothers 2007. Contact us |
About us
July 25th, 2008
the weather in los angeles is great, but maybe a bit too dry
– Unregistered User
July 25th, 2008
LA is a massive area, it can hardly be called one city, but rather a conglomeration of suburbs
– Unregistered User
July 23rd, 2008
LA proves that you can’t build more roads to solve a traffic problem. They have some of the most amazing freeways I’ve ever seen, with flyovers, multiple HOV lanes, and metered on ramps. And traffic still sucks.
– Dan
July 23rd, 2008
Expensive homes, but it’s dropped a lot since the mortgage troubles. It used to be normal for somebody to pay $800,000 for a 3 bedroom. Too many drivers on the road here, but the weather and beaches are great
– Unregistered User