Manhattan Beach California
|
|
This is an overview of the Manhattan Beach California real estate market. It is intended as a resource for investors and other home buyers when researching Manhattan Beach homes for sale.
The information is compiled from many sources, and will be updated every 3 months, however, some of the sources drawn from may be a few years older.
Last updated 3/15/2010.
OVERVIEW
Manhattan Beach is located in Los Angeles County in Southern California, not far from LAX. The area code is 310 and the zip codes include 90266 and 90267. The population is around 36,000 and the area covers 3.93 square miles.
Compared to the rest of California, Manhattan Beach has incomes and home values a lot higher than the state average. Also there are more people who have had higher education.
Click here for more info on Manhattan Beach California.
MEDIAN HOME PRICE
The median sale price according to Zillow is $1,279,000 and according to Cyberhomes is $1,320,000.
Browse Manhattan Beach California real estate listings:
PROPERTY TAXES
The median property taxes for houses with a mortgage are around $3552.
RENTS
The median gross rent is $1998 with a 5% vacancy rate.
RENTERS VS. HOMEOWNERS
Around 34% are renters and 5% of homes are vacant.
MEDIAN INCOME
The median household income is $174,000.
THE HOUSES
Most of Manhattan Beach California real estate was built in the 1950's, with the next largest group being built in the 1960's. The third largest group was built in the 1940s with the 1980's close behind.
JOBS
The most common 3 occupations include professional occupations, management and sales related.
There was 11.9% unemployment as of June 2009.
COMMUTING
The average time for commuters to get to work is 30 minutes. THE PEOPLE
Ethnic makeup in this area is mostly white non-hispanic at 85%. The hispanic population is low for California at 5%.Of the 9% foreign born residents, most are from Canada, the UK and Iran.
EDUCATION
68% have a bachelor's degree or higher, while 29% have a graduate or professional degree.
THE WEATHER
Temperatures range from 75 in summer to 47 degrees Fahrenheit in winter. There are usually 34 days of precipitation and you can expect about 286 sunny days per year. Rainfall is 12 inches annually.
CRIME
Crime tends to be lower than the national average.
DISCLAIMER: All information is obtained amd combined from multiple sources but we cannot guarantee their accuracy.
Back from the Manhattan Beach California Real Estate page to the Homes For Sale Southern California Real Estate page.
Return to the Coastal California Real Estate home page.
