MyNeighborhood

Can you afford to live in Downey?

Median household income, home values and rent in Downey, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Downey.

Median household income: $87,400 — +39.0% since 2015 (not adjusted for inflation)

Median gross rent: $1,892/mo — +53.6% since 2015

Median home value, 2015 to 2023

  • 2015: 424900
  • 2023: 728500

Median household income

  • Downey: 87400
  • Los Angeles County: 87760
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Downey: 1892
  • Los Angeles County: 1893
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 33.8% — U.S.: 30.2%

What it means

The typical household here earns $87,400 — slightly higher than the national figure of $78,538.

The typical renter here spends 33.8% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+53.6% versus +39.0%), before adjusting for inflation.

Sources

Loading the live page…