Beverly Hills, CA Community Information

Beverly Hills, CA Homes for Sale

Beverly Hills Neighborhood Information

Although Hollywood is the entertainment capital, Beverly Hills is where the stars come out to shine. The ultimate in posh living, Beverly Hills is ensconced by the city of Los Angeles and completes the revered “Golden Triangle” of Bel Air and Holmby Hills, some of the most upscale destinations on the planet. This enclave is tucked into the base of the Santa Monica Mountains, situated between idyllic ocean beaches and thriving downtown. Although Beverly Hills is packed into 5.7 square miles, every inch of it has become so well known through countless films and television shows that its cobblestone paved streets and European aesthetic is easily recognizable. The Beverly Hills lifestyle and culture is so sophisticated that its sister city is nothing less than glamorous Cannes, France.

Beverly Hills is also well known for its unparalleled couture shopping experience on legendary Rodeo Drive. Hundreds flock to this three-block shopping haven every year which includes boutiques like Gucci, Prada, Valentino, Armani and Dior. Rodeo Drive also houses a larger shopping district that’s trendy, more moderately priced and still as luxe as the city itself.

Although sections of the city feature modest homes and condominiums, much of L.A.’s affluent population reside in stately Beverly Hills mansions on the hilltops. The average home price is $898,000, but Dataquick real estate news reported a record surge in the sale of million-dollar-homes on the Beverly Hills real estate market over the last three years. Money.cnn.com also recorded the median home price at $1.3 million with about 20 percent home value appreciation for Beverly Hills homes for sale in the last two to five years. Make this dream your reality and start your Beverly Hills home search today!

Sources:
http://en.wikipedia.org/wiki/Beverly_Hills
http://www.beverlyhillsbehere.com/cvbgeneral.asp?id=322
http://www.seeing-stars.com/Live/BeverlyHills.shtml
http://www.drelocation.com/California/losangelesco/beverlyhills.html
http://www.homegain.com/local_real_estate/CA/beverly_hills.html
http://www.dqnews.com/CHMDH0205.shtm
http://www.drelocation.com/California/losangelesco/beverlyhills.html
http://money.cnn.com/best/bpretire/snapshots/46135.html

Beverly Hills, CA Community Information

Population

44,584

Median Age

44.4

Median Household Income

$113,118

Households with Children

39.48%

Median Travel Time to Work

23 minutes

Beverly Hills, CA Real Estate Market Information

Homes Owned

52.00%

Homes Rented

44.23%

Homes Vacant

3.77%

Beverly Hills, CA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Beverly Hills, CA School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 44,584
  • Total Male Population 20,753
  • Total Female Population 23,831
  • Population change since 2000 17.85%
  • Median age 44.4
  • Percent of households with children 39.48%
  • Personal Crime risk 99

Transportation

  • Median travel time to work 23 minutes
  • Percent using Public transportation 2.65%
  • Percent Driving/Using Carpool 80.98
  • Percent Using Other transportation 4.44%
  • Percent Working From Home 11.93%

Education Levels

  • Some high school 6.41%
  • High school graduate 12.34%
  • Some college 16.67%
  • Associate degree 5.03%
  • Bachelor's degree 32.08%
  • Graduate degree 27.47%

Occupation

  • Agriculture, forestry, and fishing 0.14%
  • Construction 2.00%
  • Manufacturing 4.82%
  • Wholesale Trade 4.85%
  • Retail Trade 8.23%
  • Finance, insurance and real estate 10.84%
  • Services 6.59%
  • Public administration 1.52%
  • Information 10.73%
  • Professional 21.46%
  • Education 18.36%
  • Arts 8.95%

Income

  • Average household income $217,647
  • Income change since 2000 23.88%

Climate

  • Avg. January high/low temp 66.27 / 45.47
  • Avg. July high/low temp 77.95 / 61.32
  • Annual precipitation 15.88
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