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CENSUS TRACT

Census Tract 1240

California · Los Angeles County · 4,291 residents · 0.515 sq mi
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1231.031231.041232.031233.031235.101235.201236.0112371239.011239.021242.04124512461249.021251.021253.211254.021254.031282.201411.011412.011412.02141714321433.021434.011434.021240
TRACT SHAPE · Los Angeles County, CA
The short version

Census Tract 1240 has roughly average household income, with a median household income of $84,464. Population has fallen 18% since 2020, a loss of 934 residents. 58% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,012,500. Despite a median home value of $1,012,500, the poverty rate sits 55% above the US average — a pattern often seen in resort and college towns.

At a glance
Average income
near the US median
US median: $82,259
Mid-age
median age 37.9
US median: 38.9
More educated
58% hold a bachelor's degree
US average: 36%
More affordable
home values down 15%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,291
−18%since 2020
from 5,225 in 2020
2020 – 2024
Population density
8,332 / sq mi
−18%since 2020
from 10,146 / sq mi in 2020
US average: 281
Median age
37.9
+6%since 2020
from 35.9 in 2020
US average: 38.9
Population, 20202024
4K4K5K5K5K20202024Census Tract 1240
20244K
20202024
Section 02

Income & economy

Median household income
$84,464
−19%inflation adjusted, since 2020
from $85,941 in 2020
US average: $82,259
2020 – 2024
Per capita income
$77,255
+59%since 2020
from $48,583 in 2020
US average: $44,673
Households earning $100K+
54.1%
−2.3 ptssince 2020
from 56.3% in 2020
US average: 53.3%
Poverty rate
19.3%
+9.2 ptssince 2020
from 10.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.569
+14%since 2020
from 0.501 in 2020
US average: 0.476
Workforce by industry, 2024
Arts, entertainment, food21.5%
US avg: 1.9%
Information10.3%
US avg: 10.8%
Retail trade4.1%
US avg: 9.9%
Other services3.7%
US avg: 6.7%
Finance & insurance2.4%
US avg: 5.9%
Professional, scientific, technical2.4%
US avg: 5.1%
Public administration0.9%
US avg: 4.8%
Transportation & warehousing0.7%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,012,500
−15%inflation adjusted, since 2020
from $988,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,067
+8%inflation adjusted, since 2020
from $1,572 in 2020
US average: $1,442
Owner-occupied
44.2%
−6.0 ptssince 2020
from 50.1% in 2020
55.8% rent
Vacancy rate
9.6%
+5.5 ptssince 2020
from 4.1% in 2020
US average: 10.0%
Owner cost-burdened
44.3%
−5.5 ptssince 2020
from 49.8% in 2020
US average: 22.9%
Renter cost-burdened
55.7%
+6.0 ptssince 2020
from 49.7% in 2020
US average: 47.4%
Afford Score
12.0
+4%since 2020
from 11.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1240 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic76%(3,973)
Black2.2%(116)
Hispanic / Latino11.9%(622)
Asian5.5%(285)
Other4.4%(229)
Diversity Score50.3%(2,627)
2024
White, non-Hispanic72.3%(3,104)
Black5.4%(230)
Hispanic / Latino9.7%(416)
Asian5%(213)
Other7.6%(328)
Diversity Score57%(2,447)
Diversity Score
57
+13%since 2020
from 50 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
57.9%
+1.6 ptssince 2020
from 56.3% in 2020
US average: 35.6%
High school or higher
97.2%
+4.4 ptssince 2020
from 92.8% in 2020
US average: 89.6%
Graduate degree
23.1%
+6.3 ptssince 2020
from 16.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
36.2 min
+38%since 2020
from 26.3 min in 2020
US average: 26.5
Drive alone to work
53.0%
−21.8 ptssince 2020
from 74.7% in 2020
US average: 68.9%
Carpooled to work
4.3%
+1.1 ptssince 2020
from 3.2% in 2020
US average: 8.5%
Public transit
1.2%
−9.5 ptssince 2020
from 10.7% in 2020
US average: 3.2%
Worked from home
39.3%
+30.3 ptssince 2020
from 8.9% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
−1.4 ptssince 2020
from 1.4% in 2020
US average: 0.4%
No vehicle available
8.7%
+1.9 ptssince 2020
from 6.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.6%
+4.3 ptssince 2020
from 5.3% in 2020
US average: 5.2%
Labor force participation
62.4%
−3.8 ptssince 2020
from 66.2% in 2020
US average: 63.5%
Self-employed
15.0%
+8.1 ptssince 2020
from 6.9% in 2020
US average: 13.1%
Management & professional
62.1%
+5.4 ptssince 2020
from 56.8% in 2020
US average: 42.5%
Section 08

People & community

Male
48.5%
−2.7 ptssince 2020
from 51.3% in 2020
Female
51.5%
+2.7 ptssince 2020
from 48.7% in 2020
Foreign born
24.4%
−6.0 ptssince 2020
from 30.4% in 2020
US average: 14.1%
Veterans
3.0%
−1.2 ptssince 2020
from 4.2% in 2020
US average: 6.2%
With a disability
13.5%
+3.0 ptssince 2020
from 10.5% in 2020
US average: 13.3%
Uninsured
2.4%
+1.4 ptssince 2020
from 1.0% in 2020
US average: 8.4%
Broadband at home
92.3%
+6.2 ptssince 2020
from 86.1% in 2020
US average: 91.0%
English only at home
66.1%
+5.0 ptssince 2020
from 61.1% in 2020
US average: 77.7%
Spanish at home
8.3%
−7.2 ptssince 2020
from 15.5% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 4,291 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $84,464 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $1,012,500, and the typical rent is about $2,067 a month.

How educated are people in this census tract?

About 57.9% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 19.3% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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