Located in the state of California, Beverly Hills is a medium-sized city with a population of 34,627 residents. With a population density of 6,066 people per square mile, Beverly Hills is well above the nation's average density level. The majority of Beverly Hills residents report their race to be White; this is followed by Asian and Black. 81% of the people in Beverly Hills (over the age of 15) are married and 57% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Living in Beverly Hills can be a good experience for anyone moving to the town. Having said that, in the state of California, there are many incredible places to live, so choose wisely! With useful information like amenities, crime, education, housing and other key data points, finding the best places to live in Beverly Hills and in the areas around Beverly Hills is a much easier task.
Beverly Hills, CA receives 76 out of 100 for its livability score; this results in a ranking of #151 in California and #3,889 in the USA. Clearly, Beverly Hills is doing something right, as this score ranks well above the average of most cities. If we explore each of the categories individually, we see that Beverly Hills ranks well for amenities (A+), weather (A-), education (A), employment (B+) and housing (B-). There is at least one category that did not score well in Beverly Hills. The following was graded with a less than perfect score: crime (D) and cost of living (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Beverly Hills, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Rodeo Drive, Rodeo Drive, and Mulholland Drive.
Assuming that Beverly Hills meets all of your requirements, the next most important item to examine is the affordability of real estate in Beverly Hills. Everything else becomes a lot less important if it turns out that home prices in Beverly Hills are simply unattainable. Median real estate prices in Beverly Hills come in at $1,900,500, which is 364.3% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Beverly Hills, the home price to income ratio is 18.9, which is 195.3% higher than the California average. Year over year appreciation rates for homes in the Beverly Hills area were 6.2% and the 5 year appreciation rates came in at 9.7%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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