Before you move into a new city, it’s helpful to know what you are moving into! Thanks to modern technology, you don’t have to drive around the streets of the city to determine which neighborhoods are the best fit for your needs and lifestyle. You can get the facts simply by reading about the communities online and working closely with a realtor from Sterling Realty & Lending.
The San Fernando Valley is a geographic area that includes a number of cities or districts and covers a large portion of Los Angeles. It can be confusing when looking for information on San Fernando Valley because many of the districts are listed as cities, when really, they are not. When researching the various districts in the San Fernando Valley, make sure you are paying attention to the boundaries that are being used so that you can plan accordingly.
San Fernando Valley Statistics
Let’s learn more about San Fernando Valley and its neighborhoods.
- As of July 2016, San Fernando Valley had a population of 24,559.
- The median age for residents is 32.7 years, compared to the California median age of 36.2 years.
- Gender is split nearly down the middle. 51.8% of residents are male, while 48.2% are female.
- San Fernando Valley ranks in the upper quartile for population density when compared to other cities in California.
- Over 6,000 housing units are in the San Fernando Valley, with nearly 3,500 being owned and 3,000 being rented.
- The median home value for San Fernando Valley is $351,556, and the average home value is $399,636.
- The median household income is $47,115, and the average household income is $58,242.
- The median gross rent from 2011-2015 was $1,165.
What to Love About San Fernando Valley
San Fernando Valley is an iconic part of Los Angeles. It has its share of good and bad, but residents love living here. Sure, there is a lot of traffic, hot summers and a large number of districts, but there’s something about living in The Valley that is priceless and rewarding. Here are a few of the perks that longtime residents enjoy most about living in The Valley.
- Shopping and dining off Ventura Boulevard
- NoHo Arts District
- University of California (Northridge)
- Affordable homes with pools
- Surrounded by small mountain ranges
- Greenery and wildlife
- Ample parking/flexible parking
- Close proximity to the 101, the 134 and the 170
- Dozens of great sushi restaurants
- Wide range of rental properties
The San Fernando Valley is an area that has undergone major improvements in recent years. Housing properties are rising, and many areas are entering a seller’s market. Now is the time to buy while the prices are still reasonable and you can get more for your money: open layouts, stainless steel appliances and inground swimming pools.
If you would like to learn more about settling down in the amazing San Fernando Valley, work with a team of realtors who can show you around and point you toward the neighborhoods that will meet your needs and budget. Choose Sterling Realty & Lending.