Cerritos, California is a medium-sized city with a population of 49,797 residents. With a population density of 5,709 people per square mile, Cerritos is well above the nation's average density level. 82% of the people in Cerritos (over the age of 15) are married and 62% 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.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Cerritos, California could be a positive experience for anyone who puts in the effort to do the research required. With useful information like amenities, crime, employment and other key data points, finding the best places to live in Cerritos and in the areas around Cerritos is a much easier task.
The livability score in Cerritos is 72/100 and the city is ranked in the 70th percentile of all cities across America. Based on the scores for each individual category, Cerritos has been rewarded with high marks for amenities (A+), weather (A+), education (A) and employment (B-). On a less positive note, Cerritos does not have favorable ranks for the following: cost of living (F) and housing (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Cerritos 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 Cerritos. 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 Cerritos are affordable. Median real estate prices in Cerritos come in at $620,500, which is 51.6% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Cerritos, the home price to income ratio is 6.5, which is 1.6% 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 Cerritos will offer some insight into determining if your home purchase will be a solid investment for years to come. In Cerritos, the year-over-year appreciation rates were 4.5%, and the 5 year appreciation rates came in at 5.2%.
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