Is real estate in Glendale a good investment?
According to RealEstateScout.com, Glendale is a relatively large city located in the state of California. With a population of 196,543 people and 45 constituent neighborhoods, Glendale is the 24th largest community in California.
Housing costs in Glendale are among some of the highest in the nation, although real estate prices here don’t compare to real estate prices in the most expensive communities in California.
Glendale is a decidedly white-collar city, with fully 85.14% of the workforce employed in white-collar jobs, well above the national average. Overall, Glendale is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Glendale who work in office and administrative support (12.91%), sales jobs (10.72%), and management occupations (10.70%).
Of important note, Glendale is also a city of artists. Glendale has more artists, designers and people working in media than 90% of the communities in America. If you’re looking for an art community, this is a perfect place to find one. This concentration of artists helps shape Glendale’s character.
Also of interest is that Glendale has more people living here who work in computers and math than 95% of the places in the US.
Another interesting thing about Glendale, despite not being a huge city, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
The citizens of Glendale are among the most well-educated in the nation: 40.53% of adults in Glendale have a bachelor’s degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor’s degree.
The per capita income in Glendale in 2018 was $36,857, which is upper middle income relative to California and the nation. This equates to an annual income of $147,428 for a family of four. However, Glendale contains both very wealthy and poor people as well.
Glendale is an extremely ethnically-diverse city. The people who call Glendale home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Glendale residents report their race to be White, followed by Asian. Glendale also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.49% of the city’s residents. Important ancestries of people in Glendale include Armenian, German, Irish, Iranian, and English.
In addition, Glendale has a lot of people living here who were born outside of the US (53.12%).
The most common language spoken in Glendale is English. Other important languages spoken here include Spanish and Armenian.
