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November 2008The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile or computerized formats. Copyright © 2006, CALIFORNIA ASSOCIATION OF REALTORS®
Los Angeles County
Economic Profile
Los Angeles County Profile
4,856,769
226,282
4,061
34.5
$53,573
$26,539
13.2%
8.6%
47.2%
28.9%
18.5%
7.4%
10,323,161
Statistic State RankCharacteristic12007 Population Estimate
47% Population Change 1990-2000
% White 2007
% Hispanic 2007
% Black 2007
% Asian & Pacific Islander 2007
12000 Total Establishments
11Land Area Square Miles
2007 Civilian Employment
2007 Median Age
2007 Median Household Income
2007 Per Capita Income
41% Population Change 1980-1990
Sales of Existing Detached Homes and Pacific West Consumer ConfidenceLos Angeles County, September 2008 Sales: 3,973 Units, Up 1.0% YTD, Up 82.9% YTY
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Jan-
90Ju
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Jan-
91Ju
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Jan-
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Jan-
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Jan-
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Jan-
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0
20
40
60
80
100
120
140
160Sales Consumer Confidence
SOURCE: California Association of REALTORS®; The Conference Board
INDEXUNITS
Sales of Existing Detached HomesLos Angeles County, 2007 Sales: 38,365 Units, Down 26.9% YTY
SOURCE: California Association of REALTORS®
UNITS
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
0
1,000
2,000
3,000
4,000
5,000
6,000
Jan
Feb
Mar Apr
May Jun
Jul
Aug
Sept Oct
Nov Dec
200620072008
ANNUAL MONTHLY
Median Price of Existing Detached HomesLos Angeles County, September 2008: $376,790, Down 35.3% YTY
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000Ja
n-89
Jul-8
9Ja
n-90
Jul-9
0Ja
n-91
Jul-9
1Ja
n-92
Jul-9
2Ja
n-93
Jul-9
3Ja
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Jul-9
4Ja
n-95
Jul-9
5Ja
n-96
Jul-9
6Ja
n-97
Jul-9
7Ja
n-98
Jul-9
8Ja
n-99
Jul-9
9Ja
n-00
Jul-0
0Ja
n-01
Jul-0
1Ja
n-02
Jul-0
2Ja
n-03
Jul-0
3Ja
n-04
Jul-0
4Ja
n-05
Jul-0
5Ja
n-06
Jul-0
6Ja
n-07
Jul-0
7Ja
n-08
Jul-0
8
SOURCE: California Association of REALTORS®
Median Price Annual ComparisonLos Angeles County, 2007: $573,272, Up 0.6% YTY
SOURCE: California Association of REALTORS®
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov Dec
200620072008
MONTHLYANNUAL
Median Home Sales PriceLos Angeles County
Sep-08 Sep-07 Yearly % Change
Los Angeles County $360,000 $530,000 -32.1%
Agoura Hills $540,000 $577,500 -6.5%
Alhambra $425,000 $495,000 -14.1%
Altadena $485,000 $667,500 -27.3%
Arcadia $682,500 $820,000 -16.8%
Azusa $270,000 $364,500 -25.9%
Baldwin Park $290,000 $420,000 -31.0%
Bellflower $340,000 $499,000 -31.9%
Burbank $455,000 $610,000 -25.4%
Canoga Park $357,500 $576,000 -37.9%
Canyon Country $320,000 $427,500 -25.1%
Carson $360,000 $495,000 -27.3%
Castaic $428,000 $517,500 -17.3%
Cerritos $580,000 $675,000 -14.1%
Chatsworth $439,000 $490,000 -10.4%
Compton $210,500 $375,000 -43.9%
Covina $360,000 $430,000 -16.3%
Culver City $515,000 $446,000 15.5%SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Diamond Bar $505,000 $565,000 -10.6%
Downey $376,250 $499,000 -24.6%
Duarte $329,000 $441,750 -25.5%
El Monte $360,000 $441,000 -18.4%
Encino $465,000 $715,000 -35.0%
Gardena $396,250 $460,000 -13.9%
Glendale $510,000 $542,500 -6.0%
Glendora $495,000 $519,500 -4.7%
Granada Hills $380,000 $562,500 -32.4%
Hacienda Heights $430,000 $557,500 -22.9%
Hawthorne $367,500 $474,000 -22.5%
Huntington Park $299,000 $369,000 -19.0%
Inglewood $299,000 $435,000 -31.3%
La Crescenta $548,254 $690,000 -20.5%
La Mirada $397,500 $506,000 -21.4%
La Puente $286,000 $420,000 -31.9%
La Verne $490,000 $547,000 -10.4%
Lakewood $392,500 $506,000 -22.4%
Median Home Sales Price Cont. Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Lancaster $189,000 $300,000 -37.0%
Long Beach $355,000 $436,000 -18.6%
Los Angeles $405,000 $609,000 -33.5%
Lynwood $290,500 $435,500 -33.3%
Mission Hills $337,450 $590,000 -42.8%
Monrovia $442,450 $530,000 -16.5%
Montebello $300,000 $475,000 -36.8%
Monterey Park $456,000 $509,500 -10.5%
Newhall $250,000 $400,000 -37.5%
North Hills $370,000 $510,000 -27.5%
North Hollywood $365,000 $537,000 -32.0%
Northridge $450,000 $630,000 -28.6%
Norwalk $305,000 $434,500 -29.8%
Pacoima $274,000 $455,000 -39.8%
Palmdale $194,500 $349,000 -44.3%
Panorama City $280,500 $350,000 -19.9%
Paramount $225,000 $350,000 -35.7%
Pasadena $520,000 $650,000 -20.0%
Median Home Sales Price Cont.Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Pico Rivera $317,500 $440,000 -27.8%
Pomona $236,500 $381,500 -38.0%
Redondo Beach $720,000 $847,500 -15.0%
Reseda $325,000 $477,500 -31.9%
Rosemead $385,000 $508,000 -24.2%
Rowland Heights $405,000 $462,500 -12.4%
San Dimas $372,500 $582,500 -36.1%
San Fernando $231,000 $390,000 -40.8%
San Gabriel $538,000 $659,500 -18.4%
San Pedro $412,000 $620,000 -33.5%
Santa Clarita $431,750 $490,000 -11.9%
Santa Monica $863,000 $849,000 1.6%
Sherman Oaks $548,000 $665,000 -17.6%
South Gate $270,000 $480,000 -43.8%
Stevenson Ranch $515,000 $835,000 -38.3%
Studio City $612,500 $1,040,000 -41.1%
Sun Valley $315,000 $525,000 -40.0%
Sunland $370,000 $525,000 -29.5%
Median Home Sales Price Cont.Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Sylmar $310,000 $437,500 -29.1%
Tarzana $375,000 $662,500 -43.4%
Temple City $520,000 $558,000 -6.8%
Torrance $481,000 $590,000 -18.5%
Tujunga $390,000 $525,000 -25.7%
Valencia $407,500 $552,500 -26.2%
Valley Village $514,500 $763,000 -32.6%
Van Nuys $357,500 $482,500 -25.9%
Walnut $500,000 $576,000 -13.2%
West Covina $365,000 $485,000 -24.7%
West Hills $461,500 $603,750 -23.6%
West Hollywood $675,000 $800,000 -15.6%
Whittier $350,500 $500,000 -29.9%
Winnetka $350,000 $489,500 -28.5%
Woodland Hills $500,000 $734,500 -31.9%
Median Home Sales Price Cont.Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Los Angeles Selected Areas
Westside $722,000 $1,429,000 -49.5%
West LA $720,000 $800,000 -10.0%
Downtown LA/Central City $531,250 $800,000 -33.6%
South LA $260,000 $430,000 -39.5%
North East LA $356,000 $454,750 -21.7%
Median Home Sales Price Cont. Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
San Fernando Valley (Selected San Fernando Valley areas and cities)
San Fernando Valley $370,000 $545,000 -32.1%
West San Fernando Valley $393,500 $542,500 -27.5%
Northeast San Fernando Valley $327,950 $515,000 -36.3%
Southeast San Fernando Valley $430,000 $765,000 -43.8%
Median Home Sales Price Cont.Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Sep-08 Sep-07 Yearly % Change
Southwest Los Angeles Region (Selected Areas and Cities)
Beach Cities $995,000 $975,000 2.1%
South Bay $500,000 $693,500 -27.9%
Long Beach (90810) $290,000 $365,000 -20.5%
Mar Vista $705,000 $830,000 -15.1%
Palos Verdes Peninsula $1,075,000 $1,139,000 -5.6%
Westchester $660,000 $906,500 -27.2%
Median Home Sales Price Cont.Los Angeles County
SOURCE: C.A.R.; DataQuick Information Systems. The price statistics are derived from all types of home sales --new and existing, condos and single-family.
Unsold Inventory IndexLos Angeles County, September 2008: 7.8 Months
0
5
10
15
20
25
30
Jan-
88Ju
l-88
Jan-
89Ju
l-89
Jan-
90Ju
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Jan-
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MONTHS
SOURCE: California Association of REALTORS®
0 2 4 6 8 10 12 14 16 18 20 22
$1,000K+
$750-1000K
$500-750K
$300-500K
$0-300K
Pric
e R
ange
(Tho
usan
ds)
Last YearThis Year
Monthly Supply
SOURCE: California Association of REALTORS®
Unsold Inventory By Price RangeLos Angeles Existing Homes September 2008 vs. September 2007
Median Time on the MarketSingle-Family Homes – Los Angeles County, 2008 Q3: 50.3 Days
0
20
40
60
80
100
120
Q1/
87
Q1/
88
Q1/
89
Q1/
90
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91
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Q1/
01
Q1/
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Q1/
03
Q1/
04
Q1/
05Q
1/06
Q1/
07
Q1/
08
SOURCE: California Association of REALTORS®
Foreclosures
SOURCE: Real Estate Research Council
0
2
4
6
8
10
12
Q1/
90Q
3/90
Q1/
91Q
3/91
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3/06
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3/07
Q1/
08
THOUSANDS
Los Angeles County
Proportion of Foreclosures in Housing TransfersLos Angeles County
0%
5%
10%
15%
20%
25%
30%
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
SOURCE: Real Estate Research Council
Mortgage Rates
SOURCE: Federal Home Loan Mortgage Corporation
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
Jan-
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FRMARMFederal Funds
Housing Affordability IndexLos Angeles County, December 2005: 12%
0%
10%
20%
30%
40%
50%
Jan-
88Ju
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Jan-
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Jan-
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% OF HOUSEHOLDS THAT CAN BUY
SOURCE: California Association of REALTORS®
First-time Buyer Housing Affordability IndexLos Angeles County, 2nd Quarter 2008: 39%
SOURCE: California Association of REALTORS®
0%10%20%30%40%50%60%70%80%90%
100%Q
1/03
Q3/
03
Q1/
04
Q3/
04
Q1/
05
Q3/
05
Q1/
06
Q3/
06
Q1/
07
Q3/
07
Q1/
08
% OF HOUSEHOLDS THAT CAN BUY
Asking Rents for Class A&B ApartmentsLos Angeles County, 2008 Q3: $1,716 Up 2.7% Y-T-Y
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
1991
1994
Q2/
96
Q3/
97
Q2/
98
Q1/
99
Q4/
99
Q3/
00
Q2/
01
Q1/
02
Q4/
02
Q3/
03
Q2/
04
Q1/
05
Q4/
05
Q3/
06
Q2/
07
Q1/
08
SOURCE: California Association of REALTORS®
Vacancy Rates for Class A&B ApartmentsLos Angeles County, 2008 Q3: 5.5%
0%
2%
4%
6%
8%
10%
12%
1990
1993
Q4/
95
Q2/
97
Q1/
98
Q4/
98
Q3/
99
Q2/
00
Q1/
01
Q4/
01
Q3/
02
Q2/
03
Q1/
04
Q4/
04
Q3/
05
Q2/
06
Q1/
07
Q4/
07
Q3/
08
VACANCY RATE
SOURCE: California Association of REALTORS®
New Housing PermitsLA County, September 2008: 935 Units, Down 37.2% Y-T-D
SOURCE: Construction Industry Research Board
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
5500
Jan-
88Ju
l-88
Jan-
89Ju
l-89
Jan-
90Ju
l-90
Jan-
91Ju
l-91
Jan-
92Ju
l-92
Jan-
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Jan-
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Jan-
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Jan-
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Jan-
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Single Family Multi-Family
Median Price for New HomesLos Angeles County 3Q08 Detached: $462,000, Attached: $476,500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000Q
1/90
Q3/
90Q
1/91
Q3/
91Q
1/92
Q3/
92Q
1/93
Q3/
93Q
1/94
Q3/
94Q
1/95
Q3/
95Q
1/96
Q3/
96Q
1/97
Q3/
97Q
1/98
Q3/
98Q
1/99
Q3/
99Q
1/00
Q3/
00Q
1/01
Q3/
01Q
1/02
Q3/
02Q
1/03
Q3/
03Q
1/04
Q3/
04Q
1/05
Q3/
05Q
1/06
Q3/
06Q
1/07
Q3/
07Q
1/08
Q3/
08
DetachedAttached
SOURCE: California Association of REALTORS®; Hanley Wood
New Home SalesLos Angeles County (Attached), 2008 Q3 Sales: 526 Units
0
200
400
600
800
1000
1200
1400
1600
Q1/
90Q
3/90
Q1/
91Q
3/91
Q1/
92Q
3/92
Q1/
93Q
3/93
Q1/
94Q
3/94
Q1/
95Q
3/95
Q1/
96Q
3/96
Q1/
97Q
3/97
Q1/
98Q
3/98
Q1/
99Q
3/99
Q1/
00Q
3/00
Q1/
01Q
3/01
Q1/
02Q
3/02
Q1/
03Q
3/03
Q1/
04Q
3/04
Q1/
05Q
3/05
Q1/
06Q
3/06
Q1/
07Q
3/07
Q1/
08Q
3/08
SOURCE: California Association of REALTORS®; Hanley Wood
New Home SalesLos Angeles County (Detached), 2008 Q3 Sales: 242 Units
0
200
400
600
800
1000
1200
1400
1600
1800
2000
Q1/
90
Q4/
90
Q3/
91
Q2/
92
Q1/
93
Q4/
93
Q3/
94
Q2/
95
Q1/
96
Q4/
96
Q3/
97
Q2/
98
Q1/
99
Q4/
99
Q3/
00
Q2/
01
Q1/
02
Q4/
02
Q3/
03
Q2/
04
Q1/
05
Q4/
05
Q3/
06
Q2/
07
Q1/
08
SOURCE: California Association of REALTORS®; Hanley Wood
Nonfarm EmploymentLos Angeles County, September 2008: Down 0.6% Y-T-Y
Y-T-Y PERCENT CHANGE
-5%
-4%
-3%
-2%
-1%
0%
1%
2%
3%
Jan-
91Ju
l-91
Jan-
92Ju
l-92
Jan-
93Ju
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Jan-
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SOURCE: CA Employment Development Division
Unemployment RateLos Angeles County, September 2008: 7.8%
0%
2%
4%
6%
8%
10%
12%
Jan-
90Ju
l-90
Jan-
91Ju
l-91
Jan-
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Jan-
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Jan-
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SOURCE: CA Employment Development Division
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Acton CDP 1,200 4.9%Agoura Hills city 12,400 3.4%Alhambra city 46,100 6.7%Alondra Park CDP 4,400 7.9%Altadena CDP 24,400 5.3%Arcadia city 28,400 4.4%Artesia city 8,300 5.3%Avalon city 2,000 3.4%Avocado Heights CDP 6,700 6.5%Azusa city 21,500 8.5%Baldwin Park city 33,600 9.8%Bell city 16,000 10.5%Bell Gardens city 17,300 12.7%Bellflower city 36,900 7.9%Beverly Hills city 19,500 5.4%Bradbury city 500 3.4%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Burbank city 61,100 6.3%Calabasas city 12,200 3.3%Carson city 46,500 7.9%Cerritos city 29,500 4.2%Charter Oak CDP 5,300 4.1%Citrus CDP 5,600 7.1%Claremont city 16,800 4.0%Commerce city 5,400 14.3%Compton city 36,300 13.6%Covina city 26,300 5.5%Cudahy city 9,900 11.0%Culver City city 24,900 5.3%Del Aire CDP 5,000 4.1%Desert View Highlands CDP 1,000 10.1%Diamond Bar city 32,900 5.5%Downey city 54,600 6.2%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Duarte city 11,500 5.1%East Compton CDP 3,700 13.6%East La Mirada CDP 5,400 5.5%East Los Angeles CDP 49,900 10.8%East Pasadena CDP 3,300 4.8%East San Gabriel CDP 8,300 4.4%El Monte city 52,100 9.7%El Segundo city 11,000 3.6%Florence Graham CDP 21,800 15.2%Gardena city 29,900 7.3%Glendale city 105,800 6.8%Glendora city 28,600 4.0%Hacienda Heights CDP 27,500 5.4%Hawaiian Gardens city 6,400 8.3%Hawthorne city 42,400 10.3%Hermosa Beach city 15,300 3.2%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Hidden Hills city 900 1.8%Huntington Park city 26,700 11.8%Industry city 400 13.2%Inglewood city 54,400 9.9%Irwindale city 700 7.8%La Canada Flintridge city 10,600 2.8%La Crescenta Montrose CDP 10,400 3.5%La Habra Heights city 2,900 2.8%La Mirada city 24,900 4.7%La Puente city 19,200 9.2%La Verne city 18,700 4.4%Ladera Heights CDP 4,000 3.7%Lake Los Angeles CDP 4,800 11.1%Lakewood city 45,600 5.0%Lancaster city 56,100 11.1%Lawndale city 16,600 7.8%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Lennox CDP 9,600 10.0%Littlerock CDP 600 10.7%Lomita city 11,500 5.3%Long Beach city 238,900 8.6%Los Angeles city 1,929,200 8.7%Lynwood city 27,800 12.6%Malibu city 7,600 2.7%Manhattan Beach city 22,900 2.7%Marina del Rey CDP 6,900 4.0%Mayflower Village CDP 2,800 4.1%Maywood city 12,300 11.5%Monrovia city 20,900 6.9%Montebello city 29,100 8.8%Monterey Park city 29,900 5.9%North El Monte CDP 2,200 2.6%Norwalk city 49,600 8.3%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Palmdale city 55,900 9.8%Palos Verdes Estates city 6,700 1.5%Paramount city 24,700 11.6%Pasadena city 77,300 5.9%Pico Rivera city 29,400 7.3%Pomona city 67,100 8.7%Quartz Hill CDP 5,400 7.9%Rancho Palos Verdes city 21,900 2.6%Redondo Beach city 46,100 4.1%Rolling Hills city 900 0.8%Rolling Hills Estates city 4,100 2.0%Rosemead city 25,200 6.9%Rowland Heights CDP 25,600 5.0%San Dimas city 20,500 4.5%San Fernando city 10,500 7.6%San Gabriel city 20,900 6.4%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
San Marino city 6,300 3.4%Santa Clarita city 91,200 4.7%Santa Fe Springs city 8,000 6.5%Santa Monica city 58,100 6.4%Sierra Madre city 7,000 2.2%Signal Hill city 5,800 5.8%South El Monte city 9,400 9.5%South Gate city 41,500 10.1%South Pasadena city 15,600 3.8%South San Gabriel CDP 3,800 7.8%South San Jose Hills CDP 9,600 9.2%South Whittier CDP 28,000 6.9%Temple City city 18,400 5.0%Torrance city 81,500 3.8%Val Verde CDP 900 5.2%Valinda CDP 10,100 10.3%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Valinda CDP 10,100 10.3%Vernon city 0 0.0%View Park Windsor Hills CD 6,500 6.5%Vincent CDP 7,800 6.0%Walnut city 16,900 3.7%Walnut Park CDP 6,400 9.9%West Athens CDP 4,400 8.5%West Carson CDP 11,800 5.8%West Compton CDP 2,400 12.4%West Covina city 56,000 6.9%West Hollywood city 27,400 6.6%West Puente Valley CDP 10,500 7.7%West Whittier Los Nietos CD 12,400 8.4%Westlake Village city 5,000 3.9%Westmont CDP 12,200 15.5%Whittier city 44,300 5.5%
Unemployment RateLos Angeles County -- September 2008
SOURCE: CA Employment Development Department
CCD Census County DivisionCDP Census Designated Place
Area Name Labor Force RateLos Angeles County 4,944,300 7.8%
Willowbrook CDP 12,900 13.8%
Taxable SalesLos Angeles County
-10%
-5%
0%
5%
10%
15%
Q1/
89Q
3/89
Q1/
90Q
3/90
Q1/
91Q
3/91
Q1/
92Q
3/92
Q1/
93Q
3/93
Q1/
94Q
3/94
Q1/
95Q
3/95
Q1/
96Q
3/96
Q1/
97Q
3/97
Q1/
98Q
3/98
Q1/
99Q
3/99
Q1/
00Q
3/00
Q1/
01Q
3/01
Q1/
02Q
3/02
Q1/
03Q
3/03
Q1/
04Q
3/04
Q1/
05Q
3/05
Q1/
06Q
3/06
Q1/
07Q
3/07
ANNUAL PERCENT CHANGE
SOURCE: CA State Board of Equalization
Population Percent ChangesLos Angeles County (1971-2007)
SOURCE:U.S. Census Bureau; California Department of Finance; C.A.R.
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
LA CountyCANation
Sources of Population GrowthLos Angeles County (1981-2007)
SOURCE: CA Department of Finance
-150,000
-100,000
-50,000
0
50,000
100,000
150,000
200,000
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Natural IncreaseNet Migration
Net Immigration Vs. Domestic MigrationLos Angeles County
-300,000
-250,000
-200,000
-150,000
-100,000
-50,000
0
50,000
100,000
150,000
200,000
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Net Immigration Domestic Migration
SOURCE: CA Department of Finance
Household Relocations
County Outflow Inflow Net OutflowSan Bernardino, CA 20,565 9,379 11,102 Orange, CA 19,274 14,615 3,941 Riverside, CA 11,394 4,411 5,901 Clark, NV 6,858 1,960 4,244 Ventura, CA 5,536 3,930 800 San Diego, CA 5,493 4,652 952 Maricopa, AZ 5,388 1,456 2,869 Kern, CA 3,615 1,527 2,095 Santa Clara, CA 1,619 1,545 (470) San Francisco, CA 1,615 1,603 12 Total-Top 10 81,357 45,078 31,446 All Migration 145,149 97,661 47,488 Total Number of Households 3,356,418
Top 10 as % of All Households 0.9%All Net Mig as % of All Households 1.4%
Source: NAR Relocation Report 2006 – IRS Data; Item 187-06061, US Census Bureau
Los Angeles County
Where are new Los Angeles Countyhouseholds coming from?
• Orange County (14,615)• San Bernardino (9,379)• San Diego (4,652)• Riverside (4,411)• Ventura (3,930)• Total incoming for 2006: 97,661• Total outgoing for 2006: 145,149
Source: NAR Relocation Report 2006 – IRS Data; Item 187-06061
Net Immigration by Ethnic GroupLos Angeles County (1990 Census to 2000 Census)
SOURCE: CA Dept. of Finance
-700 -600 -500 -400 -300 -200 -100 0 100 200 300
White, Non-Hispanic
Hispanic
Asian/Pacific Islander
Black or Afr. Amer.,Non-Hisp.
Amer. Indian & AlaskaNative, Non-Hisp.
Thousands
Number of Households by EthnicityLos Angeles County (1990 Census vs. 2000 Census)
SOURCE: U.S. Census Bureau
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
White
Hispanic
Asian/Pacific Islander
Black1990 2000
Top 10 Home Buyer SurnamesLos Angeles County (2006)
0 200 400 600 800 1000 1200
Number of Buyers
GARCIA
HERNANDEZ
LOPEZ
MARTINEZ
RODRIGUEZ
GONZALEZ
KIM
LEE
SANCHEZ
RAMIREZ
SOURCE: DataQuick Information Systems
Population by Age GroupLos Angeles County (2000-2010)
0
500
1,000
1,500
2,000
2,500
Thousands
0-14 15-24 25-34 35-44 45-54 55-64 65-74 75+
20002010
SOURCE: California Department of Finance; California Association of REALTORS®
Homeownership RatesLos Angeles County, 2007: 52.3%
SOURCE: U.S. Census Bureau
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%19
8619
8719
8819
8919
9019
9119
9219
93
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007