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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Rancho Palos Verdes really has some of the features that families look for when choosing a good community to raise children. Is Rancho Palos Verdes perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. 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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. In Rancho Palos Verdes, however, the average commute to work is quite long. On average, people spend 33.55 minutes each day getting to work, which is significantly higher than the national average. If knowledge is power, Rancho Palos Verdes is a pretty powerful place. 68.91% of the adults in Rancho Palos Verdes have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. 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. Foreign born people are also an important part of Rancho Palos Verdes's cultural character, accounting for 26.98% of the city’s population. The most common language spoken in Rancho Palos Verdes is English. Other important languages spoken here include Chinese and Korean.
