What is the Best Neighborhoods USA ranking for Los Cerritos Area?
Los Cerritos Area is ranked #24 of 43 eligible neighborhoods in Long Beach; #720 of 1,814 eligible neighborhoods in CA; and #6,468 of 14,967 eligible neighborhoods in the United States.
Is Los Cerritos Area one of the best neighborhoods in Long Beach?
Los Cerritos Area has a Best Neighborhoods USA Index of 53.1 and a city ranking of #24 of 43 eligible neighborhoods in Long Beach.
How much are homes worth in Los Cerritos Area?
The current Zillow Home Value Index for Los Cerritos Area is approximately $1,491,714.
Are home values rising or falling in Los Cerritos Area?
Zillow neighborhood values changed 5.5% year over year and -0.12% month over month.
What is the Neighborhood Momentum Score for Los Cerritos Area?
Los Cerritos Area has a Neighborhood Momentum Score of 72.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Los Cerritos Area?
The NDS-derived neighborhood median household income is approximately $89,992.
How affordable is Los Cerritos Area relative to household income?
The current Zillow home-value-to-household-income ratio is 16.58. Price-to-income affordability is a major Value Opportunity input.
Is Los Cerritos Area primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 58.7%.
What is the unemployment rate in Los Cerritos Area?
The NDS-derived civilian unemployment rate is approximately 3.9%.
How educated are residents of Los Cerritos Area?
Approximately 48.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Los Cerritos Area face high rent burden?
Approximately 65.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Los Cerritos Area?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.