Downey, CA

About Downey

Downey, California, offers a compelling blend of suburban tranquility and convenient access to the greater Los Angeles area. With a population exceeding 113,000, this city presents a more affordable housing market compared to the national average, with a median home value of $679,000 — a significant draw for those seeking homeownership. While the walkability score is low at 0, reflecting a car-dependent environment, the city's quiet atmosphere and family-friendly reputation create a welcoming setting. The median household income of $84,236 reflects a financially stable community, and the median rent of $1,066/month provides a more budget-friendly option for renters. From an investment perspective, Downey's real estate market is attractive with a homeownership rate of 30.0%. While the climate risk is rated as very high, the city's focus on safety, with a violent crime rate of 5.0 per 1,000 residents and a property crime rate of 29.6 per 1,000 residents, makes it an appealing choice for families and individuals alike. The affordability index of 140 suggests that housing costs are relatively manageable compared to income. Downey is best suited for those seeking a balance between affordability, a strong sense of community, and easy access to the employment opportunities of Southern California. Downey's air quality is moderate, with an AQI of 58, and the noise levels are quiet, contributing to a comfortable living environment. The city's electricity rate of 15.6¢/kWh is in line with the California average. Downey's appeal lies in its family-friendly atmosphere, offering a blend of suburban living with access to the diverse amenities and cultural experiences of nearby Los Angeles. The low bike score of 25 reflects the suburban layout of the city with a car-dependent lifestyle.