California · Census place 55086
Palermo CDP, CA
Quick answer
Palermo CDP has 5,440 residents, ranking #639 of 1618 places in California. Median household income is $47,893, the median home is worth $287,000 and median gross rent runs $1,067 a month.
- Population
- 5,440Palermo CDP residents
- Median household income
- $47,893Past 12 months, inflation adjusted
- Median home value
- $287,000Owner-occupied units
- Median gross rent
- $1,067Rent plus utilities, monthly
- Median age
- 43 yrsAll residents
- Homeownership rate
- 65.6%Owner-occupied households
What the numbers mean in Palermo CDP
Housing cost measured against local earnings.
A household earning the Palermo CDP median would spend about 26.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21% of residents and 65.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in California.
- Burbank CDP 5,552
- La Habra Heights city 5,546
- Strawberry CDP (Marin County) 5,496
- Old Fig Garden CDP 5,387
- St. Helena city 5,378
- Boulder Creek CDP 5,353
- Keyes CDP 5,330
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