Located in the state of California, Burbank is a medium-sized city with a population of 104,583 inhabitants. With a population density of 6,026 people per square mile, Burbank is well above the nation's average density level. If we look at the most recent Census, Burbank is known to have a predominantly White population. The next two most common races are Asian and Black. If finding a family friendly city is important to you, look no further. With more than 74% of the population considered married and 56% with kids under the age of 18, Burbank could be considered a very suitable city for families.
Are you trying to ascertain if living in Burbank is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in California, you will probably want to make sure that you check all of the most important boxes. To help you find the best places to live in and around Burbank, AreaVibes has created a livability score using key metrics like amenities, crime, weather, education, housing and more.
The livability score in Burbank is 72/100 and the city is ranked in the 70th percentile of all cities across America. There are seven total categories that generate the livability score. Burbank scores well for amenities (A+), crime (B-) and weather (A). Unfortunately for Burbank, there are some categories for which it does not score well, this includes: cost of living (F).
Assuming that Burbank meets all of your requirements, the next most important item to examine is the affordability of real estate in Burbank. Everything else becomes a lot less important if it turns out that home prices in Burbank are simply unattainable. Median real estate prices in Burbank come in at $611,000, which is 49.3% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Burbank, the home price to income ratio is 9.1, which is 42.2% higher than the California average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Burbank will offer some insight into determining if your home purchase will be a solid investment for years to come. In Burbank, the year-over-year appreciation rates were 6.9%, and the 5 year appreciation rates came in at 8.4%.
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