Tuesday, December 13, 2011

PVE Tops List in Quality of Life Study

PVE Tops List in Quality of Life Study

By Meredith Skrzypczak Via Palos Verdes Patch
Palos Verdes Estates ranks No. 6 in quality of life among communities in America's western region. Rancho Palos Verdes comes in at No. 71.
Palos Verdes communities have been getting a pretty posh reputation lately.
Palos Verdes Estates ranked sixth in a new studythat measured quality of life in cities throughout America's western region. This just after the Peninsula was named among the country's 50 richest zip codes last week.
The recent study, put together by On Numbers, analyzed 889 communities in the Western portion of the country—and 3,764 communities nationwide—that had populations of 10,000 or more as of 2009. A 20-part formula was used to rate each community's quality of life, including factors such as poverty rates, commute time, ages of residents and median household income.
"The top-rated communities have strong economic bases, impressive housing stocks and effective educational systems," The Business Journals reported last week.
In the West, Hillsborough ranked No. 1, San Marino came in No. 3, Blackhawk-Camino Tassajara (east of Oakland) No. 4 and Coto de Caza No. 5.
Rancho Palos Verdes came in at No. 71.
West University Place in Texas ranked the highest in quality of life across the entire nation.
Here is a synopsis of Palos Verdes Estates' standing in the Western region:
PlacePalos Verdes Estates
Typecity
StateCalifornia
West Quality-of-Life rank6
West Quality-of-Life percentile99.44%
Population (2009 estimate)13,520
In 25-44 age group16.70%
Living in same house for more than 1 year92.17%
Moved in from other state or abroad in past year1.16%
Workers who walk to work or work at home9.33%
Commuting time of 29 minutes or less47.03%
Median household income$170,068
Poverty rate for families0.62%
Workers with management and professional jobs65.44%
Workers who are self-employed34.96%
Unemployment rate for 25-64 age group1.93%
Houses built since 199010.05%
Houses with 9 or more rooms29.72%
Housing vacancy rate2.82%
Homeowner rate91.18%
Median house value$1,000,001
Mortgage affordability (house value per $1,000 of household income)$5,880
Rent affordability (annual median rent per $1,000 of household income)$132
Adults (25 or older) with high school diplomas97.06%
Adults (25 or older) with bachelor's degrees72.18%
Adults (25 or older) with advanced degrees33.01%

No comments:

Post a Comment