Beverly Hills, CA Community Information
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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
Community Information for 90212*
| Population | 12,343 |
| Median Age | 39.8 |
| Median Household Income | $73,911 |
| Households with Children | 21.26% |
| Median Travel Time to Work | 19.4 minutes |
*Based on zipcode 90212 at the center of this area.
Real Estate Market Information
| Median Home Sale Price | $1,278,000 |
| Annual Turnover Rate | 22.39% |
| In current residence 5+ years | 27.9% |
| Median years in residence | 2.66 |
| Homes Owned | 27.40% |
| Homes Rented | 66.69% |
| Homes Vacant | 5.91% |
Community Age Profile
Transportation
Education Levels
Occupation
Community
Total Male Population: 5,492
Total Female Population: 6,851
Population change since 1990: 7
Population change since 2000: NA
Median age: 39.8
Percent of households with children: 21.26%
Local sales tax: 8%
Personal crime risk: 73
Recycling likelihood index: 137
Transportation
Transportation to work:
Drive/Carpool: 84%
Walk/bike/other: 6%
Work at home: 8%
Education Levels
Some high school: 3.25%
High school graduate: 13.09%
Some college: 14.84%
Associate degree: 6.30%
Bachelor's degree: 34.73%
Graduate Degree: 25.07%
Occupation
Mining: 0.06%
Contstruction: 0.70%
Manufacturing: 1.76%
Transportation and communications: 2.19%
Wholesale trade: 1.50%
Retail trade: 16.00%
Finance, insurance and real estate: 17.18%
Sevices: 59.83%
Public administration: 0.06%
Unclassified: 0.63%
Income
Income change since 1990: 71
Income change since 2000: 21
Climate
Avg. July high/low temp: 77 / 62
Annual precipitation: 19
Air pollution index: 111
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