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The total population of Rancho Palos Verdes is estimated to be 41,805 with 20,343 males (48.66%) and 21,462 females (51.34%). There are 1,119 more females than males in Rancho Palos Verdes.
The median household income in Rancho Palos Verdes was $171,861 in 2021, which marked an an increase of 6,238(3.77%) from $165,623 in 2020. This income is 230.36% 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, Rancho Palos Verdes sees its highest median household income among householders in the age group of 25 to 44 years old, at $246,777. Overall, the median household income for the city of Rancho Palos Verdes stands at $171,861.
In Rancho Palos Verdes, the median income for all workers aged 15 years and older, regardless of work hours, was $112,678 for males and $45,614 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $165,485 for males and $103,857 for females.
In Rancho Palos Verdes, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $195,046, while Some Other Race households represent the opposite end with the lowest median household income of $85,499.
In 2022, the population of Rancho Palos Verdes was 40,527, a 1.77% decrease year-by-year from 2021. Previously, in 2021, Rancho Palos Verdes's population was 41,256, a decline of 2.10% compared to a population of 42,140 in 2020.
The median age in Rancho Palos Verdes, CA is 49.7, as per 2021 ACS 5-Year Estimates. Of the total population, 16.70% were under the age of 15, 14.22% aged 15 to 29, 43.59% aged 30 to 64, 21.01% aged 65 to 84, and 4.48% were 85 years of age and older.
Racial distribution of Rancho Palos Verdes population: 53.19% are White, 1.71% are Black or African American, 0.31% are American Indian and Alaska Native, 31.05% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 3.04% are some other race and 10.66% are multiracial.