Rancho Palos Verdes is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 40,527 people and ten associated neighborhoods, Rancho Palos Verdes is the 209th largest community in California. Rancho Palos Verdes home prices are not only among the most expensive in California, but Rancho Palos Verdes real estate also consistently ranks among the most expensive in America.Rancho Palos Verdes is a decidedly white-collar city, with fully 91.49% of the workforce employed in white-collar jobs, well above the national average. Overall, Rancho Palos Verdes is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Rancho Palos Verdes who work in management occupations (19.04%), sales jobs (10.94%), and healthcare (10.17%). Also of interest is that Rancho Palos Verdes has more people living here who work in computers and math than 95% of the places in the US. Of important note, Rancho Palos Verdes is also a city of artists. Rancho Palos Verdes has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Rancho Palos Verdes’s character. A relatively large number of people in Rancho Palos Verdes telecommute to their jobs. Overall, about 22.03% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Rancho Palos Verdes is a great place for families with children to consider. First of all, many other families with children live here, making Rancho Palos Verdes a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Rancho Palos Verdes has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Rancho Palos Verdes’s overall crime rate is lower than average for the country. Rancho Palos Verdes is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery. One downside of living in Rancho Palos Verdes, however, is that residents on average have to contend with a long commute, spending on average 33.55 minutes every day commuting to work. Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Rancho Palos Verdes. 68.91% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Rancho Palos Verdes in 2022 was $81,344, which is wealthy relative to California and the nation. This equates to an annual income of $325,376 for a family of four. Rancho Palos Verdes is an extremely ethnically-diverse city. The people who call Rancho Palos Verdes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rancho Palos Verdes residents report their race to be White, followed by Asian. Rancho Palos Verdes also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.93% of the city’s residents. Important ancestries of people in Rancho Palos Verdes include German, Italian, English, Irish, and Polish. Rancho Palos Verdes also has a high percentage of its population that was born in another country: 26.98%. The most common language spoken in Rancho Palos Verdes is English. Other important languages spoken here include Chinese and Korean.
