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The total population of Paramount is estimated to be 53,255 with 26,543 males (49.84%) and 26,712 females (50.16%). There are 169 more females than males in Paramount.
The median household income in Paramount was $65,348 in 2021, which marked an an increase of 404(0.62%) from $64,944 in 2020. This income is 87.59% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paramount sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,584. Overall, the median household income for the city of Paramount stands at $65,348.
In Paramount, the median income for all workers aged 15 years and older, regardless of work hours, was $33,629 for males and $23,203 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,009 for males and $38,720 for females.
In Paramount, the demographic landscape is diverse, spanning 7 distinct racial categories among households. Among these, Native Hawaiian and Other Pacific Islander households have the highest median household income at $84,287, while Two or More Races households represent the opposite end with the lowest median household income of $61,056.
In 2022, the population of Paramount was 51,653, a 1.59% decrease year-by-year from 2021. Previously, in 2021, Paramount's population was 52,485, a decline of 2.04% compared to a population of 53,578 in 2020.
The median age in Paramount, CA is 31.6, as per 2021 ACS 5-Year Estimates. Of the total population, 22.48% were under the age of 15, 24.48% aged 15 to 29, 44.20% aged 30 to 64, 7.99% aged 65 to 84, and 0.85% were 85 years of age and older.
Racial distribution of Paramount population: 27.99% are White, 7.66% are Black or African American, 1.27% are American Indian and Alaska Native, 3.36% are Asian, 0.60% are Native Hawaiian and other Pacific Islander, 44.99% are some other race and 14.12% are multiracial.