Located in the state of California, Palmdale is a mid-sized city with a population of 156,823 people. More than a quarter of the residents of Palmdale identify themselves as Hispanic or Latino, and 36% of the population speak Spanish as their primary or secondary language. With an average age of 30 years old, Palmdale could be a great place to live for young adults as this age is well below the national average.
Are you trying to decide if living in Palmdale is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in California, you will probably want to make sure that you check all of the most important boxes. Using the livability score which includes data from categories like crime, education, employment, you can easily compare the best places to live in Palmdale and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Palmdale to California and the national average.
The livability score in Palmdale is 62/100 and the city is ranked in the 27th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Palmdale has higher than average grades for the following: amenities (A) and weather (B). Regrettably for Palmdale, there are some categories for which it does not rank well, this includes: cost of living (F), education (F) and employment (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Palmdale on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Palmdale. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Palmdale are affordable. Median real estate prices in Palmdale come in at $207,400, which is 49.3% lower than the California average. The home price to income ratio compares the median home prices to the median household income. In Palmdale, the home price to income ratio is 3.9, which is 39.1% lower than the California average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Palmdale area were 8.9% and 5 year appreciation rates were 14%.
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