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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +12.6% YoY. inventory, −30.6% YoY, is the number to watch.
The median listing price is up 12.6% YoY while the median home got down 5.2% bigger, so value per square foot is up 6.3%.
U.S. Census ACS characteristics for ZIP 90602 itself, not its parent county.
Renters hold 61.1% of this ZIP's 8,163 occupied households, on a median household income of $69K.
| Measure | ZIP 90602 | Los Angeles County | Difference |
|---|---|---|---|
| Median Household Income | $69K | $90K | -$22K |
| Below Poverty Level | 13.1% | 13.7% | -0.6% |
| Median Age | 34.30 | 38.20 | -3.90 |
| Total Population | 25,905 | 9,808,667 | -- |
| Avg Household Size | 3.05 | 2.81 | +0.24 |
| Owner-Occupied | 38.9% | 45.9% | -7.0% |
| Worked From Home | 10.4% | 17.1% | -6.7% |
| Mean Commute | 32.20 | 30.40 | +1.80 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.4% to 9,808,667: residents under 18 are down 1.9% and those 65 and over are up 2.7%.
County median household income is $90K, 13.7% of residents are below the poverty level, 17.1% work from home.