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Downey California Real Estate By Jennifer Hershey

Downey California Real Estate

Downey, California, is located in Los Angeles County, of , and 12 miles SE of Los Angeles, California. Downey has a population of 107,323.

Downey Homes

Downey properties pool is 33,989 residential properties including Downey new homes. Median age of real estate in Downey is 1958. Average Household size is 3.55 people. 8% are one bedroom homes, 26% are 2 bedroom homes, 49% are 3 bedroom homes, 12% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Downey Mortgage Statistics

Downey mortgages vs. USA median statistics

Homes Downey USA
Homes With No Mortgage 28%
30%
Homes With Mortgage 72%
70%
First Mortgage Only 58%
54%
First & Second Mortgage or HELOC 15%
16%

Downey Area Real Estate Tax

Downey Real estate Tax: Median Real Estate Taxes (2000) were $1,597 comparing to 1999 Median Family income $ 50,017. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Downey School District: Children make up 29.2% of Downey population. Downey has 31,357 under 18 years old residents, or 0.73 kids per one worker, or 0.92 kids per one household.

Downey Real Estate & Downey Homeownership

There are 6457.91 or 19% one person households, 8837.14 or 26% two person households, and 6118.02 or 18% three person households in Downey, California. Median residents age is 31.6, Senior citizens (65+) make up 11,829 or 11%% of Downey population.

There are 42,920 workers (over 16 years of age) in Downey. Of these, 91.57% drive to work. Approximately 3.32% of workers in Downey take public transportation. An estimated 1.34% walk to work.

Median Downey homeowner's housing expences are 22.5%

Crime in Downey (2003), crimes per 10,000 residents per year

Type of Crime Downey USA, 2003
Violent Crimes
47.05
47.5
Robberies
20.13
14.2
Aggravated Assaults
23.95
29.5
Property Crimes
333.2
358.8
Burglaries
54.79
74.0
Larceny-Thefts
169.49
241.5
Motor Vehicle Thefts
108.92
43.3

Invest in Downey Properties

When making a decision about buying real estate in Downey California area, you should consider following statistical data:

Category Downey USA
Near Medium City
-
Near Large City
Los Angeles, California
-
Downey Zip Codes
90240, 90241, 90242
-
Downey Area Codes
562
-
White population
53.48%
75.1%
African-American population
3.75%
12.3%
Asian
7.74%
3.6%
American Indian & Alaskan
0.87%
0.9%
Hispanic (of any race)
57.85%
12.5%
Median Family Income (1999)
$ 50,017%
$42,000
Population Below Poverty Level
10.91%
12.4%

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