Living in Cerritos, California
Cost of living, income, home prices, rent and demographics of Cerritos · Census data 2020–2024
Cerritos has 47,867 residents with a median age of 47.7. The median household income is $135,439 (37% higher than the California median), the median home value is $935,300, the median rent is $2,930/month.
Cerritos at a glance
- Population
- 47,867
- Median age
- 47.7State: 37.9
- Median household income
- $135,439State: $99,122
- Median home value
- $935,300State: $734,700
- Median rent
- $2,930/moState: $2,036
- Homeowners
- 75.9%
- Bachelor's degree or higher
- 58%
- Average commute
- 32 min
Is Cerritos a good place to live?
Pros: Median household income 37% higher than the California median; unemployment of 5.1%; a poverty rate of 5.3%.
Cons: Home values 27% higher than the state median; an average commute of 32 minutes.
The weather is best in April to June and October.
Cost of living in Cerritos
Housing is the biggest part of the cost of living. In Cerritos the median home value is $935,300, 181% higher than the U.S. median. Renters pay a median of $2,930 per month, which is 23.5% of household income. Homeowners with a mortgage pay $3,307 a month in housing costs.
Cerritos median household income
The median household income in Cerritos is $135,439 and the income per person is $57,886. 5.3% of residents live below the poverty line (California: 12%).
Housing in Cerritos: homes for sale and rent
- Housing units
- 16,343
- Owner-occupied
- 75.9%
- Renter-occupied
- 24.1%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.96
Cerritos demographics
- Population
- 47,867
- Median age
- 47.7
- Under 18
- 19.1%
- 65 and older
- 26.5%
- Households
- 16,065
- Foreign-born
- 44.1%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cerritos ›
Education in Cerritos
58% of adults 25 and older in Cerritos have a bachelor's degree or higher (California: 37.1%), and 22.7% have a graduate or professional degree.
Jobs and commute in Cerritos
- Unemployment rate
- 5.1%State: 6.6%
- Average commute
- 32 minState: 29 min
- Work from home
- 19.4%
- Drive alone
- 68.3%
- Public transit
- 0.9%
- Walk to work
- 0.5%
- Homes with broadband
- 96.7%
Cerritos vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cerritos | 47,867 | $135,439 | $935,300 | $2,930 |
| Artesia | 15,889 | $101,004 | $776,600 | $2,219 |
| La Palma | 15,272 | $117,989 | $973,600 | $2,262 |
| Hawaiian Gardens | 13,691 | $76,341 | $554,100 | $1,696 |
| Norwalk | 99,789 | $100,085 | $644,700 | $2,090 |
| Lakewood | 79,850 | $119,177 | $827,200 | $2,347 |
| Bellflower | 76,819 | $78,722 | $705,700 | $1,830 |
| Buena Park | 82,871 | $110,550 | $838,800 | $2,206 |
| Cypress | 49,498 | $130,215 | $913,900 | $2,483 |
More for people moving to Cerritos
Cerritos ZIP code ›Weather and climate ›Living in Cerritos: FAQ
What is the median household income in Cerritos, CA?
The median household income in Cerritos is $135,439, 37% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cerritos?
The median home value in Cerritos is $935,300, compared with $734,700 in California.
How much is rent in Cerritos?
The median gross rent in Cerritos is $2,930 per month, about 23.5% of household income.
Is Cerritos, CA a good place to live?
Pluses: median household income 37% higher than the California median; unemployment of 5.1%; a poverty rate of 5.3%. Minuses: home values 27% higher than the state median; an average commute of 32 minutes.
What is the median age in Cerritos?
The median age in Cerritos is 47.7 years (California: 37.9).
How long is the commute in Cerritos?
The average commute to work in Cerritos is 32 minutes; 19.4% of workers work from home.
What is the unemployment rate in Cerritos?
The unemployment rate in Cerritos is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cerritos?
58% of adults in Cerritos have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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