Palmdale, California is a medium-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. The median age of all Palmdale residents is 30, which is well below the national average. This is a good indication that this city could be ideal for young singles.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Palmdale, California could be a positive experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Palmdale, AreaVibes has created a livability score using key metrics like crime, education, employment and more.
The livability score in Palmdale is 62 out of 100 and the city is ranked in the 27th percentile of all cities across America. If we check out each of the categories individually, we see that Palmdale ranks well for amenities (A) and weather (B). Unfortunately for Palmdale, there are some categories for which it does not rank well, this includes: cost of living (F), education (F) and employment (F).
Assuming that Palmdale meets all of your requirements, the next most important item to examine is the affordability of real estate in Palmdale. Everything else becomes a lot less important if it turns out that home prices in Palmdale are simply unattainable. The median home price for Palmdale homes is $207,400, which is 49.3% lower than the California average. If we take a closer look at the affordability of homes in Palmdale, we’ll see that the home price to income ratio is 3.9, which is 39.1% lower 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 Palmdale will offer some insight into determining if your home purchase will be a solid investment for years to come. In Palmdale, the year-over-year appreciation rates were 8.9%, and the 5 year appreciation rates came in at 14%.
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