Downey, California is a medium-sized city with a population of 113,223 residents. With a population density of 9,125 people per square mile, Downey is well above the nation's average density level. According to the most recent Census, 66% of Downey residents are White, 7% Asian and 4% Black. Additionally, more than a quarter of the population of Downey are of Hispanic or Latino origin, and 61% of the population also speak Spanish.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Downey could be a positive experience compared to other cities in California if you know where to look. To help you find the best places to live in and around Downey, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, weather, education and more.
Using data and statistics Downey has received a livability score of 69/100. This score is ranked in the 59th percentile when compared to all other cities. There are seven total categories that create the livability score. Downey scores well for amenities (A+) and weather (A+). There are some categories that Downey ranks poorly for, including: cost of living (F) and education (F). It might be worth taking a closer look to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Downey 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. Some of the interesting things to do and attractions include: Kandy Kays of California, Downey Museum of Art, and Downey History Center.
Assuming that Downey meets all of your requirements, the next most important item to examine is the affordability of real estate in Downey. Everything else becomes a lot less important if it turns out that home prices in Downey are simply unattainable. The median home price for Downey homes is $449,900, which is 9.9% higher than the California average. If we take a closer look at the affordability of homes in Downey, we’ll see that the home price to income ratio is 6.9, which is 7.8% 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 Downey will offer some insight into determining if your home purchase will be a solid investment for years to come. In Downey, the year-over-year appreciation rates were 6%, and the 5 year appreciation rates came in at 8.3%.
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