32009 Cape Point Dr, Rancho Palos Verdes, CA 90275
ABOUT: Palos Verdes
Rancho Palos Verdes is a city in Los Angeles County, California atop the Palos Verdes Hills and bluffs of the Palos Verdes Peninsula. A suburb of Los Angeles, it is known for expensive homes amidst large tracts of open space with expansive views of the Pacific Ocean.
The Palos Verdes Peninsula rises 1,457 feet above the South Bay of Los Angeles County. It’s an oasis of greenery in a region dominated by concrete and asphalt. Featuring horse trails, a lighthouse, ocean cliffs, tide pools, roaming wild peacocks, and gorgeous Pacific Ocean and Catalina Island views; there is much to see and do on the Palos Verdes Peninsula.
The Peninsula is made up of four cities: Palos Verdes Estates, a mostly upscale area that was settled the earliest of all the cities (in the 1930’s) and has a country club; Rolling Hills, a gated community that has huge lots and is devoted to a rural lifestyle including horses and other farm animals; Rolling Hills Estates, a more affordable community at the North front of the hill, just below Rolling Hills, which also has a huge equestrian heritage and a country club; Rancho Palos Verdes (RPV), which wraps around “the back side” of the Peninsula and also has many homes with spectacular views. RPV has the most “tract” type homes on the hill and also hosts 3 golf courses, and the unincorporated Palos Verdes Peninsula area, which is very similar to Rolling Hills Estates except that it is only unincorporated Los Angeles County.
5 BEST RESTAURANTS IN PALOS VERDES
Nelson’s – 100 Terranea Way, Rancho Palos Verdes, CA 90275
Tanawin Thai Bistro – 28368 S Western Ave, Rancho Palos Verdes, CA 90275
Catalina Kitchen – 100 Terranea Way, Rancho Palos Verdes, CA 90275
Swan Thai RPV – 31206 Palos Verdes Dr W, Rancho Palos Verdes, CA 90275
Yellow Vase – 31248 Palos Verdes Dr W, Rancho Palos Verdes, CA 90275
PALOS VERDES HOUSEHOLD STATISTICS
In 2017, Rancho Palos Verdes, CA had a population of 42.5k people with a median age of 49.4 and a median household income of $124,552. Between 2016 and 2017 the population of Rancho Palos Verdes, CA grew from 42,412 to 42,463, a 0.12% increase and its median household income grew from $120,668 to $124,552, a 3.22% increase.
The population of Rancho Palos Verdes, CA is 52.9% White Alone, 28.5% Asian Alone, and 10.7% Hispanic or Latino. N/A% of the people in Rancho Palos Verdes, CA speak a non-English language, and 93% are U.S. citizens.
The largest universities in Rancho Palos Verdes, CA are Marymount California University(263 degrees awarded in 2017).
The median property value in Rancho Palos Verdes, CA is $1.05M, and the homeownership rate is 79.6%. Most people in Rancho Palos Verdes, CA commute by Drove Alone, and the average commute time is 30.6 minutes. The average car ownership in Rancho Palos Verdes, CA is 2 cars per household.
SALES AND USE TAX IN RANCHO PALOS VERDES
Tax imposed on total retail price of any tangible personal property and the use or storage of such property when sales tax is not paid. Tax is administered by the state. The sales tax rate for the City of Rancho Palos Verdes is 9.50%. The City receives 1.0% of the total. MunicIpal Code Section 3.08
Below is a breakdown of the 9.50% sales tax:
- 3.9375% State’s General Fund
- 0.50% Local Public Safety Fund to support local criminal justice activities (1993)
- 0.50% Local Revenue Fund to support local health and social services programs
- 1.0625% Local Revenue Fund
- 1.25% County transportation funds (0.25%) City / County Operations (1.00%)
- 2.25% Los Angeles County
TOP MOVING COMPANY IN PALOS VERDES
Big Win Moving Company
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