Interested in purchasing investment houses in the 90240 zip code in Downey, CA?
The zip code 90240 is in Los Angeles county with a latitude of -118.118690000000 and longitude of 33.956800000000, is in the state of California. The average asking price of houses and condos is $520,122.00 and the average sale price was $409,622.00. this regions is classified as the Reno metro area and is in the 562 area code. The location in degrees is 33° 57' 24.48" N, 118° 7' 7.284" W. The county F.I.P.S. is 06037. The total land area is 2.9 square miles and the water area is 0.1 square miles. The elevation in this area is 112 - 141 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90240 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 26,701 in 2019 and 25,876 in 2010. This further breaks down to 13,190 males (49.4%) and 13,510 females (50.6%). The median age of residents is 38.6 years. The population of the greater Los Angeles-Long Beach-Santa Ana, CA area is 13,331,266. The population density (people per square mile) is 9,070. This zip code has a combined total of 8,012 houses and condos. There are 2,764 rented appartments. 36% of residents rent versus the 36% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $57,684 and the average salary is $50,411. The median household income of individuals is $71,838.00 and the average is $69,820.00. This zip code has a mean commute time to work of 31.7 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 32.80% (Under $50,000), 36.80% ($50,000-$100,000), and 30.40% earn over $100,000. 5.4% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 134.9. The educational breakdown is 79.6% have a high school education or higher, 26.9% have a bachelor's degree or higher, and 8.4% have some kind of profesional degree.
This area has 7,632 households and the average size is 3.5 people. Individuals who are single and have never been married are 35.2%, 50.0% are now married, 1.5% are separated, 5.5% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $3,414 versus the state average of $4,659. The percent of residents who gave to charity was 32.3%.
The estimated median value of houses and condos is $677,160. The median monthly owner costs of mortgage holders was $2,672, where as the costs for those who don't have a mortgage are $613. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $4,938. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $5,420. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $3,805. Reported taxable interest for persons was $1,526, dividends $4,844, capital gains +$9,583, and itemized deductions $28,979. The average earned income tax credit is $2,264. The percent of individuals that use a tax preparer is 73.5%. The total average income taxes paid by individuals was $9,525. Businesses reported an average profit of $16,088.
The Palms
8060 Florence Ave, Downey, CA 90240
Midori
9952 Lakewood Blvd, Downey, CA 90240
Kyoto Sushi
8009 Florence Ave, Downey, CA 90240
Carrows
7900 Florence Ave, Downey, CA 90240
Pop's Cafe
7840 Florence Ave, Downey, CA 90240
Ceviche Del Rey
7404 Florence Ave, Downey, CA 90240
Myra's Salvadorian Cuisine
7324 Florence Ave, Downey, CA 90240
Green Olive Mediterranean Cuisine
9234 Lakewood Blvd, Downey, CA 90240
China Wok Express
7932 Florence Ave, Downey, CA 90240
Sizzling Thai Kitchen
8330 Stewart And Gray Rd, Downey, CA 90241 (1.4 miles away)
Pescado Mojado
11530 Telegraph Rd, Santa Fe Springs, CA 90670 (2.1 miles away)
Clearman's Steak 'N Stein
9545 Whittier Blvd, Pico Rivera, CA 90660 (2.7 miles away)
Tokyo Garden
11946 Paramount Blvd, Downey, CA 90242 (2.8 miles away)
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