La Palma, CA Real Estate

According to census data in the year 2000 there were 5,071 housing units in La Palma. This represents a 2.8% growth from 4,935 in 1990.

Of those housing units, 5,071 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in La Palma is about 74.3%. La Palma's vacancy rate, including seasonal lodging, is about 2%. Average household size is 3.04 people.

The majority of houses, apartments or condos in La Palma were built after 1972.


Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom9.90%
Two Bedrooms16%
Three Bedrooms25.80%
Four Bedrooms36.90%
Five Bedrooms or more8.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.07
Median year structure was built1971
Median Value of occupied units$286,900
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1974
Median Monthly Rent asked for vacant units$977

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage11.60%
Home Equity Loan9.90%
Simple Mortgage59.10%
Debt Free18.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%