NEIGHBORHOOD
Lake Balboa
California · Los Angeles · 26,324 residents · 3.21 sq mi
The short version
Lake Balboa is home to 26,324 people in Los Angeles. The typical home is worth $815,352. 31% of locals were born outside the United States. Density works out to 8,213 people per square mile. Renters pay $2,346 a month at the median. That is roughly 28% ahead of the Los Angeles median. These figures are approximated by combining the 7 census tracts that make up Lake Balboa; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.4
US median: 38.9
Average education
37% hold a bachelor's degree
US average: 36%
Owner-heavy
68% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
26,324
Population density
8,213 / sq mi
US average: 281
Median age
40.4
US average: 38.9
Land area
3.21 sq mi
Section 02
Income & economy
Median household income
$105,154
US average: $82,259
Per capita income
$48,080
US average: $44,673
Households earning $100K+
64.4%
US average: 53.3%
Poverty rate
14.1%
US average: 12.5%
Income inequality (Gini)
0.437
US average: 0.476
Workforce by industry, 2024
Information8.5%
Other services7.7%
Wholesale trade6.7%
Arts, entertainment, food6.6%
Retail trade6.2%
Public administration5.4%
Finance & insurance4.1%
Professional, scientific, technical3.7%
Transportation & warehousing2.3%
Agriculture, forestry, fishing0.7%
Construction0.7%
Education & health services0.4%
Manufacturing0%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$815,352
US average: $376,019
Median gross rent
$2,346
US average: $1,442
Owner-occupied
68.1%
31.9% rent
Vacancy rate
2.8%
US average: 10.0%
Persons per household
2.72 people
US average: 2.54
Owner cost-burdened
35.2%
US average: 22.9%
Renter cost-burdened
61.6%
US average: 47.4%
Afford Score
7.8
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic38.5%(10,131)
Black2.5%(658)
Hispanic / Latino44.7%(11,763)
Asian9.9%(2,598)
Other4.5%(1,174)
2024
White, non-Hispanic38.5%(10,131)
Black2.5%(658)
Hispanic / Latino44.7%(11,763)
Asian9.9%(2,598)
Other4.5%(1,174)
Diversity Score
80
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 05
Education
Bachelor's degree or higher
37.3%
US average: 35.6%
High school or higher
84.8%
US average: 89.6%
Graduate degree
13.1%
US average: 14.0%
Section 06
Commute & transportation
Average commute
33.1 min
US average: 26.5
Drive alone to work
62.0%
US average: 68.9%
Carpooled to work
11.7%
US average: 8.5%
Public transit
1.7%
US average: 3.2%
Worked from home
20.3%
US average: 15.0%
Walked to work
0.1%
US average: 2.4%
Biked to work
0.2%
US average: 0.4%
No vehicle available
4.9%
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.4%
US average: 5.2%
Labor force participation
70.8%
US average: 63.5%
Self-employed
11.1%
US average: 13.1%
Management & professional
46.1%
US average: 42.5%
Section 08
People & community
Male
48.0%
Female
52.0%
Foreign born
31.2%
US average: 14.1%
Veterans
3.9%
US average: 6.2%
With a disability
11.1%
US average: 13.3%
Uninsured
7.3%
US average: 8.4%
Broadband at home
93.8%
US average: 91.0%
English only at home
47.2%
US average: 77.7%
Spanish at home
34.2%
US average: 13.6%
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Drill deeper
Places similar to Lake Balboa
Bellerose
Pop 26,891
Oakland Gardens-Hollis Hills
Pop 24,840
Central City East
Pop 23,512
Bay Terrace-Clearview
Pop 23,195
Places similar to Lake BalboaHead to head
Compare Lake Balboa side by side
LAKE BALBOA VS
Bellerose
Income$103,543−2%
Home value$683,602−16%
Population26,891+2%
SEE FULL COMPARISON →
LAKE BALBOA VS
Oakland Gardens-Hollis Hills
Income$104,361−1%
Home value$621,101−24%
Population24,840−6%
SEE FULL COMPARISON →
LAKE BALBOA VS
Central City East
Income$105,561same
Home value$795,463−2%
Population23,512−11%
SEE FULL COMPARISON →
LAKE BALBOA VS
Bay Terrace-Clearview
Income$104,360−1%
Home value$596,302−27%
Population23,195−12%
SEE FULL COMPARISON →
Frequently asked
How many people live in Lake Balboa, Los Angeles, California?
Lake Balboa, Los Angeles, California has about 26,324 residents according to the 2024 American Community Survey.
What is the median household income in Lake Balboa, Los Angeles, California?
The typical household in Lake Balboa, Los Angeles, California earns about $105,154 a year. Half of households make more than that, and half make less.
Is Lake Balboa, Los Angeles, California expensive?
In Lake Balboa, Los Angeles, California, the median home is worth about $815,352, and the typical rent is about $2,346 a month.
How educated are people in Lake Balboa, Los Angeles, California?
About 37.3% of adults age 25 and over in Lake Balboa, Los Angeles, California hold a bachelor's degree or higher.
What is the poverty rate in Lake Balboa, Los Angeles, California?
About 14.1% of people in Lake Balboa, Los Angeles, California live below the federal poverty line.
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Containing area
Los AngelesDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024