Redondo Beach California City Guide

67,700 people live in Redondo Beach. The city grew steadily between 2010 and 2018, and the 10 year growth rate in this Californian city is 2.43%. This rate breaks down into a yearly growth rate of 0.35%.

33,107 women live in Redondo Beach, which accounts for 49% of residents. Another 34,593 men live in the city, so 51% of the population is male.

40 is the median age. About 20% of the city’s population is under 20 years old, and another 20% range between 20-34. About 32% of the population is 35-54. From there, 13% of residents are between 55-64, and 12% are over 65.

A reported 72.3% of Redondo Beach’s population is White, and 12.9% of people living in this city are Asian. Another 7% of residents are biracial or multiracial, and 3.2% of the population is Black or African American.

76% of residents only speak English, while 9.8% of Redondo Beach residents are fluent in Spanish. 1.7% of residents speak Chinese, Mandarin, or Cantonese, and 1.5% speak Russian, Polish, or another Slavic language. Another 3.6% of the population speaks another Indo-European language.

About 19% of Redondo Beach’s population was born outside of the country. This is about 8% lower than the state’s average.

92% of Redondo Beach students attend local public schools, and 8% of students receive their education at private facilities. There are 8 elementaries, 2 middle schools, and 3 high schools that are open in Redondo Beach.

4% is the high school dropout rate in this corner of California. This means 96% of the city’s adult population has at least a high school diploma or holds an equivalent degree.

Around 18% of the population has taken college courses, and 8% of the city’s population has an associate’s degree. Around 60% of Redondo Beach residents have a bachelor’s degree, and almost 23% have a professional or graduate degree.

The median property value in Redondo Beach is about $1 million, which is one of the highest median property values in both the state and the country as a whole.

Less than 2% of properties in the city are worth under $130K, and 1.3% vary between $130K-$391K. 2.1% of Redondo Beach real estate is priced between $391K-$521K, and 3.6% of real estate varies between $521K-$651K.

30.4% of the city’s properties are priced between $651K-$977K, and 35.8% range between $977K-$1.3 million. About 25% of properties are worth over $1.3 million.

Widely considered a seller’s market because there are more active buyers than there are homes for sale, Redondo Beach real estate appreciation rates tend to be among the top 10% nationally. Specifically, between January 2010 and January 2020, real estate in the city appreciated 68.53%, which can be divided into an average annual home appreciation rate of 5.36%.

Out of all housing options in Redondo Beach, 50.2% are owner-occupied residences, and 49.9% are rented properties. The vacancy rate in the city is estimated to be 7.1%.

40.3% of properties in the city are single family detached houses, and 15% are condominiums and attached properties. 31.3% of Redondo Beach residences are apartment complexes, and about 13.4% are smaller apartment buildings.

4.2% of Redondo Beach properties were built in or before 1939, and 43.7% of properties were constructed between 1940-1969. Another 44.4% of housing options in the city were built between 1970-1999, and 7.7% of residences broke ground in or following 2000.

18.4% of properties in Redondo Beach have 1 bedroom layouts, and 33.2% of residences in the city have 2 bedroom layouts. Another 33.2% of properties have 3 bedrooms, and 13.2% have 4 bedrooms. Lastly, 2% of residences have 5 or more bedrooms.

4.4% of Redondo Beach’s population is unemployed, and the city’s total poverty rate trends around 4.5%. This affluent city’s median household income is $112K, and the average salary in this area of the state is $104K. For reference, Redondo Beach’s per capita income is $58K.

Less than 3% of the city’s residents make under $15K each year, and under 5% of the population earns between $15K-$25K. Another 6.3% of the population makes $25K-$35K, while 12% earns $35K-$50K.

Over 20% of the population makes between $50K-$75K. Additionally, 14% of residents earn $75K-$100K annually. Lastly, 41% of Redondo Beach residents make over $100K each year.