Pico Rivera is a moderately-sized city located in the state of California. The city has a population of 63,724 inhabitants. With a population density of 7,682 people per square mile, Pico Rivera is well above the nation's average density level. More than a quarter of the residents of Pico Rivera identify themselves as Hispanic or Latino, and 68% of the population speak Spanish as their primary or secondary language.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Pico Rivera, California. To help you find the best places to live in and around Pico Rivera, AreaVibes has created a livability score using key metrics like cost of living, employment, housing and more.
With a livability score of 64 out of 100, Pico Rivera is ranked #18,424 in the United States and #704 in California. If we dig a little deeper into each category within the livability score, we see that Pico Rivera has higher than average grades for the following: amenities (A+) and weather (A+). On a more negative note, Pico Rivera does not have favorable ranks for the following: cost of living (F), education (F), employment (D) and housing (D-). If we take a look at the data, we can find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Pico Rivera, there is no shortage of amazing local amenities and interesting things to do.
Assuming that Pico Rivera meets all of your requirements, the next most important item to examine is the affordability of real estate in Pico Rivera. Everything else becomes a lot less important if it turns out that home prices in Pico Rivera are simply unattainable. The median home price for Pico Rivera homes is $351,300, which is 14.2% lower than the California average. If we take a closer look at the affordability of homes in Pico Rivera, we’ll see that the home price to income ratio is 6.1, which is 4.7% lower than the California average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Pico Rivera were 4%, and the 5 year appreciation rates came in at 9%.