Is Downey, California a Good Place To Live? - Living In Downey, CA

Is Downey, California a good place to live?
Downey is a city in California state in USA with a population of 111263 residents.. The poverty rate of Downey is 8.4%, which is 40% lower than national average. The typical household in Downey earns $75974 a year, compared to the national median of $67,500. Nearly 31.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Downey, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Downey remained 6.1%, which is 30% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Downey, only 25% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Downey is 144, which is 44% higher than national average. Median home value in Downey is $582500 , which is 153% higher than national average. While median income in Downey remained $75974, which is 13% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
111263
Unemployment
6.1%
30% NAT AVG.
Poverty
8.4%
40% NAT AVG.
Overall Score
8
Median Home Cost
$582500
153% NAT AVG.
Median Income
$75974
13% NAT AVG.
Median Rent
$1569
35% NAT AVG.
Cost Of Living
144
44% NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 16
People Earning < $10,000
1 in 28
People Earning < $50,000
31.2%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs80%

Housing95%

Affordability40%

Safety60%

Amenities100%

Diversity80%

Education60%

Commute40%