Paramount, CA Profile: Facts & Data

The City of Paramount had a population of 51,400 as of July 1, 2024. Paramount ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in California. See peer rankings below.

The primary coordinate point for Paramount is located at latitude 33.8895 and longitude -118.1598 in Los Angeles County. The formal boundaries for the City of Paramount encompass a land area of 4.73 sq. miles and a water area of 0.11 sq. miles. Los Angeles County is in the Pacific time zone (GMT -8).

The City of Paramount has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

California is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Paramount is located within Downey-Norwalk CCD of Los Angeles County.

Paramount, CA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	51,400 (100%)
Population in Households	50,842 (98.9%)
Population in Families	44,833 (87.2%)
Population in Group Quarters¹	558 ( 1.1%)
Population Density	10,876
Diversity Index²	77


INCOME
Median Household Income	$67,967
Average Household Income	$84,517
% of Income for Mortgage⁴	51%
Per Capita Income	$23,618
Wealth Index⁵	54
Socioeconomic Status Index⁶	Low (35.8)

HOUSING
Total HU (Housing Units)	14,762 (100%)
Owner Occupied HU	6,177 (41.8%)
Renter Occupied HU	8,175 (55.4%)
Vacant Housing Units	410 ( 2.8%)
Median Home Value	$550,549
Average Home Value	$557,957
Housing Affordability Index³	50

HOUSEHOLDS
Total Households	14,352
Average Household Size	3.54
Family Households	11,409
Average Family Size	4.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Paramount, CA - Peer Comparisons by Rank and Percentile

The table below compares Paramount to the other 1,618 incorporated cities, towns and CDPs in California by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.04%	-0.68%
Households	-0.25%	-0.09%
Families		-0.04%
Median Household Income		3.12%
Per Capita Income		4.02%
Owner Occupied HU		0.60%

Variable Description	Rank	Percentile
Total Population	# 184	89th
Population Density	# 47	97th
Median Household Income	# 1090	33rd
Housing Affordability Index	# 679	42nd
Per Capita Income	# 1394	14th
Diversity Index	# 541	67th

Paramount, CA Profile: Facts & Data

Paramount, California - Basic Facts

Paramount, CA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Paramount, CA - Peer Comparisons by Rank and Percentile

Paramount, CA - Most Popular Things to Do

Use HTL Address Research for a California Address and get...

Quick & Easy Ways to...

California Census Data Comparison Tool

Los Angeles County