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Palos Verdes Estates, CA Economy


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Palos Verdes Estates, CA is a beautiful and affluent coastal city located in Los Angeles County. This vibrant community has a population of 13,438 people. Rent for two bedroom apartments is significantly higher than the rest of the United States, at $3,250. The Grocery Cost Index (which compares relative cost of groceries) in Palos Verdes Estates is 113 versus 100 in the US making it slightly more expensive to buy food in this area. Popular local companies include Bay Cities Ford, Shred With Us, Penn Corp Insurance Services and Palos Verdes Veterinary Clinic. Residents enjoy the close proximity to beaches and parks including Madrona Marsh Nature Center and Trump National Golf Course.

Palos Verdes Estates has an unemployment rate of 10.9%. The US average is 6.0%.

Palos Verdes Estates has seen the job market decrease by -12.2% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Palos Verdes Estates
- The Sales Tax Rate for Palos Verdes Estates is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Palos Verdes Estates is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Palos Verdes Estates
- The average income of a Palos Verdes Estates resident is $108,685 a year. The US average is $37,638 a year.
- The Median household income of a Palos Verdes Estates resident is $202,569 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalos Verdes Estates, CaliforniaUnited States
    Unlock6
    Unlock-6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
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    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
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    Unlock4.7%
Reviews for Palos Verdes Estates
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Palos Verdes Estates California is one of the best places to live in California. Beginning with the weather: since we are on the Palos Verdes Peninsula, the city is  More

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Palos Verdes Estates is one of the best kept secrets in the world. Who would have dreamed of living in a georgeous area, where you can take long strolls above the  More

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Over 18 years ago

Great place to live, clean air and fantastic ocean views. Cons:   More

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